Lower-Level Professional Office Condo

230 Hilton Avenue Hempstead, NY 11550

Claim this Listing
New
For Sale
$149,000

SINGLE_FAMILY - Hempstead, NY

Type:Office
Property size:
564 SF
Lot size:
1.09 Acres
Price / SF:
$264/SF
Added:
Jul 9, 2026
Days on Market:
2
Last Refresh:
Jul 10 at 10:06 pm

Property Features for 230 Hilton Avenue

General Information

Property type
Residential
Property subtype
Office
Rooms
Basement
Parking
100
Standard status
Active
APN
2013-34-173-00-0012-UCA008500015
Lot size
1.09 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
2048

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Floors in Building
3
Building materials
Block, Brick

Listing agent Manmeet S. Bajaj

Listing office Realty Connect USA LLC 1 Crossways Park Dr W Ste 300, Woodbury, NY

Listing date Jul 9, 2026

MLS# 1023428

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.

This fully renovated lower-level professional office condominium offers approximately 564 square feet of space with a waiting room or reception area and a dedicated office. The unit is part of a full-service building and includes access to a common conference room on the same floor.

The property is located in Hempstead near the border of Garden City Village. The building provides elevators and 24/7 security, and the listing notes plenty of parking for occupants and visitors. It is approximately 0.9 miles to the Garden City LIRR Train Station.

For buyers seeking an office condominium setup, the layout supports client-facing reception space paired with a private office. The monthly maintenance is stated as low and includes security, landscaping, building maintenance, heating, water, insurance, and sewer, which may help simplify operating expense planning for an owner-occupant or office user.

Key Highlights

  • Approximately 564 SF fully renovated lower‑level professional office condominium
  • Full‑service building with elevators and 24/7 security
  • Condo includes waiting room/reception and an office, plus a common conference room on the same floor

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 $15.8k $27.96
− Vacancy −$2.8k −$5.03
EGI $12.9k $22.93
− OpEx −$3.2k −$5.73
NOI $9.7k $17.20
564 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$138.5K
$121.2K – $161.6K (±1% cap)
NOI $9,698 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$372.9K
$326.3K – $435.1K (±1% cap)
NOI $26,103 @ 7.0% cap · market cap 17.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

JE Lund Jewelers (Bike/Boat/Book/etc) Store Melissa A. Nocella, PA Medical Clinic Coalition Wellness Center Medical Clinic Clark & Amadio PC Law Firm Cobert Banking Courier ... Bank

Suggested Use

Nursing Home Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Catering Service Butcher Nursing Home Tanning Salon (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Fully renovated lower-level office condo with reception area and office in a secure, elevator-served building.
Where is this office units located?
The property is located at 230 Hilton Avenue Hempstead, NY.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Approximately 564 SF fully renovated lower‑level professional office condominium; Full‑service building with elevators and 24/7 security; Condo includes waiting room/reception and an office, plus a common conference room on the same floor
Contact an agent
More about this property
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