1614 Grand Avenue, Hempstead, NY 11510
Prime commercial property with high traffic exposure, ideal for business.
- Added:
- Feb 23, 2026
- Days on Market:
- 133
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 1614 Grand Avenue
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1947
Listing office Unlimited Homes Realty
Listing date Feb 23, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Unlimited Homes Realty
HighLights
- High‑traffic location with exceptional visibility on a main corridor.
- Delivered vacant, ideal for owner‑users or investors.
- 2,800 sq ft first floor with approximately 4,000 usable sq ft.
- Private driveway with tandem parking for up to five vehicles.
- Central air conditioning throughout the building.
- Security doors with keypad entry at front and rear entrances.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.8k | $27.96 |
| − Vacancy | −$20.1k | −$5.03 |
| EGI | $91.7k | $22.93 |
| − OpEx | −$22.9k | −$5.73 |
| NOI | $68.8k | $17.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hempstead
- County
- Nassau
- State
- New York
- Longitude
- -73.6106492
- Latitude
- 40.670504
