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Multi-Suite Office Space

294 Hempstead Avenue, Malverne, NY 11565

For Lease
$3,299/Mo

An open office layout offers flexibility for a range of commercial configurations.

Space Size900 SF
Property Size3,168 SF
Days on Market27

Property Features for 294 Hempstead Avenue

General Information

Standard status Active
Size 900 SF
Net Rentable 900 SF
Lease Term Over 12 Months

Space & Availability

Available Space 900 SF
Contiguous Space 900 SF
Space Use Office

Lease Terms

Lease Rate $3,299 /MO
Monthly Rent $3,299
Rent per SF/Year $43.99

Taxes and HOA fees

Annual Taxes $9,695

Building Details

Building Size 3,168 SF
Year Built 1910
Listing Agency: EOM Realty Advisors LLC
Listed By: Marc Jeret · License #10401368899
Source: Adamstreetrealty
Added: Oct 14 Changed: Nov 2 Last Checked: Nov 8 at 2:20AM

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 EOM Realty Advisors LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Office space at 294 Hempstead Avenue in Malverne is arranged around a large open area with multiple office suites. The property was built in 1910 and is offered for rent.

The address places the space in Malverne, New York, along Hempstead Avenue.

Key Highlights

  • Multiple office suites within the space
  • Large open area supports a flexible office layout
  • 1910 construction

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Law Offices of Ann ... Law Firm Robert J Frey ... Insurance Agency Francis Kent Ltd Loan Service A-Z Mobile Notary ... Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Barber Shop 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

NNN (Triple Net)
Lease Type
$6.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

580
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF/Yr for Office Units in Nassau County, NY

$33.53 Jul
$35.69 Aug
$32.2 Sep
$34.39 Oct

Properties on Market for Office Units in Nassau County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - An open office layout offers flexibility for a range of commercial configurations.
Where is this office unit located?
The property is located at 294 Hempstead Avenue Malverne, NY.
What is the lease rate?
The lease rate is $3,299/Mo.
What are key features of this property?
This property features: Multiple office suites within the space; Large open area supports a flexible office layout; 1910 construction
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