186 Atlantic Ave, Hempstead, NY 11550
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.