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    OFF-MARKET
    Office Spaces

    186 Atlantic Ave, Hempstead, NY 11550

    0.23 ac lot Built 1922
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, situated at 186 Atlantic Avenue in Hempstead, New York, presents a unique investment opportunity. Currently configured as a fully operational medical office, the building is ideally suited for healthcare professionals seeking a move-in ready space. The property boasts modern exam rooms, designed for optimal patient care, complemented by a spacious waiting area to ensure patient comfort and a welcoming atmosphere. Administrative offices provide ample space for efficient practice management. The building's location on a 0.23-acre lot in a high-traffic area guarantees excellent visibility and accessibility, attracting a steady stream of potential patients. Ample on-site parking is a significant advantage, addressing a common concern in busy commercial districts. The property's versatile design, however, extends beyond its current medical configuration. Its adaptable layout makes it suitable for a variety of commercial uses, offering significant flexibility for future tenants or investors. The asking price for this exceptional property is $975,000. This presents a compelling opportunity to acquire a well-maintained, strategically located commercial building with significant potential for growth and return on investment. The property's combination of functionality, location, and adaptability makes it a truly exceptional offering in the Hempstead commercial real estate market.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1922
    Lot 0.23 ac (10,019 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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