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Storefront Office with Private Basement
For Lease
$2,400/Mo

16 Broadway, Malverne, NY 11565

Commercial Lease, Malverne, NY

Space SizeContact for details
Lot Size0.16 Acres
Days on Market136

Property Features for 16 Broadway

General Information

Property type Commercial Lease
Property subtype Retail
Rooms Basement
Parking features On Street
Basement Storage Space, Unfinished, Full
Directions Franklin Avenue Or Hempstead Avenue To Broadway To #16
Standard status Active
APN 2027-37-212-00-0424-0
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 27061

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Amenities

front reception area
two smaller offices
large open rear space
modern half bath
full clean private basement

Building Details

Year built 1929
Floors in Building 1
Number of units 1
Building materials Block
Listing Agency: Village Plaza Realty
Listed By: Patricia A. Murphy CBR
Added: Apr 7 Changed: Aug 20 Last Checked: Aug 20 at 7:06AM
MLS# 982251

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Storefront office space at 16 Broadway, Malverne, NY 11565, offering a front reception area, two smaller offices, a large open rear space, and a modern half bath. A full, clean, private basement provides additional space and separation for day-to-day storage or operational needs.

The space is just off Franklin Avenue and near the Southern State Parkway and public transportation, including the LIRR station. On-street parking is available. Construction materials include block, and the building is heated with forced air natural gas. Central air cooling and cable service availability are also noted.

The space is described as clean and modern, with the understanding that renovations may be needed to accommodate a tenant’s specific requirements before move-in.

Key Highlights

  • Full, clean, private basement included
  • Front reception area plus two smaller offices and a large open rear space
  • Modern half bath

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11565, NY

8,845
Population
3,466
Households
2.6
Avg Household Size
47
Median Age
56%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
8,041
Density / Sq Mi
$145,290
Median Household Income
$72,548
Median Earnings
$1,861
Median Rent
$628,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Stefan's Flowers Inc 321 hendrickson ave, lynbrook, ny 11563

Frequently Asked Questions

What type of property is this?
Storefront property - Storefront office with a full private basement, reception area, multiple offices, and central air cooling.
Where is this storefront property located?
The property is located at 16 Broadway Malverne, NY.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Full, clean, private basement included; Front reception area plus two smaller offices and a large open rear space; Modern half bath
More about this property
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