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Property profile & analytics
OFF-MARKET
Office Spaces

86 Front St Hempstead, NY 11550

4,796 SF 0.12 ac lot Built 1941
Property ID
Property summary
AI-generated overview

This exceptional free-standing office/retail building at 86 Front Street in Hempstead, NY, presents a unique investment opportunity. Boasting 4,796 square feet on a 0.12-acre lot, this property enjoys unparalleled visibility with sixty feet of frontage on Front Street, benefiting from the high traffic volume of 17,600 vehicles daily. A prominent two-sided backlit street pylon further enhances its presence. The ground floor (2,436 sq ft) features a spacious open area ideal for various uses, complemented by three perimeter offices and a secure entry lobby with an interior gate. An elevator provides convenient access to the lower level, which offers two exits, four private offices, a large conference room, and additional open space. The property includes six parking spaces, adding to its convenience. Three storage sheds located at the rear provide extra storage capacity. Power reliability is ensured by a rooftop natural gas-powered generator, minimizing downtime risks. This well-maintained building is priced at $1,350,000 and offers a compelling combination of location, features, and functionality for a diverse range of business needs. The property's strategic location and impressive features make it an ideal investment for discerning buyers seeking a high-impact commercial property in a thriving area.

Property profile
Verified
Property type Office Spaces
Year built 1941
Total area 4,796 SF
Lot 0.12 ac (5,227 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
Current use
Occupant on record · Public records
  • Community Care Consulting Home Health Care Service
  • Dawah Pharmaceuticals Inc. Industrial Manufacturer Production Facility
  • The Maksoud Foundation Charitable Organization
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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