Renovated Office
For Sale
Contact for pricing
460 Atlantic Avenue #R, Hempstead, NY 11518
A compact office suite includes utilities and high-speed internet in the monthly occupancy arrangement.
Property Size110 SF
Price / SF$8.17
Days on Market19
Property Features for 460 Atlantic Avenue #R
General Information
Standard status
Active
Size
110 SF
Property subtype
Office
Additional Details
Condition
Newly Renovated
Utilities to Site
Yes
Property Use
Office
Amenities
high speed internet
Listing Agency:
EOM Realty Advisors LLC
(347) 464-0831
Listed By:
Marc Jeret · License #10401368899
(631) 839-3748
Source:
Neilcharlesrealestate
Added: Oct 12
Changed: Oct 30
Last Checked: Oct 30 at 1:43AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This renovated office suite offers approximately 110 square feet of workspace. Utilities and high-speed internet are included, providing a defined set of services within the suite arrangement. A basement is also available for an additional fee.
The property is at 460 Atlantic Avenue in Hempstead, near shopping and restaurants on Atlantic Avenue. Street parking is available in the surrounding area.
The property is at 460 Atlantic Avenue in Hempstead, near shopping and restaurants on Atlantic Avenue. Street parking is available in the surrounding area.
Key Highlights
- Renovated office suite with approximately 110 square feet
- Utilities and high‑speed internet included
- Basement space available for an additional fee
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,891
Suggested Prices Based on Cap Rates
Cap Rate 5%
$37,820
$37.8K
Cap Rate 7%
$27,014
$27.0K
Cap Rate 9%
$21,011
$21.0K
Market Conditions
NOI Build-Up for 110 SF
Gross rent
$3.1K $27.96/SF
− Vacancy
−$554 −$5.03/SF
EGI
$2.5K $22.93/SF
− OpEx
−$630 −$5.73/SF
NOI
$1.9K $17.20/SF
Area
Nassau County, NY
Vacancy
18.00%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$37,820
Cap Rate 7%
$27,014
Cap Rate 9%
$21,011
Alternative Uses
Best Use
Office B
$27.0K
$23.6K – $31.5K
NOI $1,891 @ 7.0% cap · market cap 210.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$72.7K
$63.6K – $84.9K
NOI $5,091 @ 7.0% cap · market cap 566.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
877
Businesses Nearby
Explore this area
Business Placement
Demographics for 11518, NY
10,869
Population
4,235
Households
2.6
Avg Household Size
44
Median Age
44%
College-Educated
92%
High-School Grad
1.4 sq mi
ZIP Area
7,764
Density / Sq Mi
$104,955
Median Household Income
$56,154
Median Earnings
$2,306
Median Rent
$590,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A compact office suite includes utilities and high-speed internet in the monthly occupancy arrangement.
Where is this office unit located?
The property is located at 460 Atlantic Avenue #R Hempstead, NY.
What are key features of this property?
This property features: Renovated office suite with approximately 110 square feet; Utilities and high‑speed internet included; Basement space available for an additional fee
