Property profile

160 Marvin Ave Hempstead, NY 11550

OFF-MARKET
Land
1.75 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1.75-acre commercial land parcel, located at 160 Marvin Avenue in Hempstead, New York, presents a unique investment opportunity. Situated in Nassau County, zip code 11550, this cleared, level, and paved lot is zoned Business B, offering significant development potential. Architectural plans are available for a project ranging from 80,000 to 100,000 square feet, capitalizing on the property's excellent visibility and convenient location. The site enjoys proximity to key transportation hubs, including the Hempstead LIRR station and bus terminal, as well as the courts and shopping centers, ensuring high accessibility and attracting a diverse clientele. This prime location makes it ideal for a wide range of commercial developments. The property is offered for sale, ground lease, or joint venture, providing flexibility to suit various investment strategies. With its strategic location, zoning compliance, and readily available architectural plans, this property represents a compelling opportunity for developers seeking a high-impact commercial project in a thriving area. The latitude and longitude coordinates are 40.7004388 and -73.617677 respectively.

Property profile

Verified
Property type Land
Lot 1.75 ac (76,230 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advocacy Group Social Service Agency

Location

160 Marvin Ave Hempstead, NY 11550
Hempstead metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 160 Marvin Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message