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Financial
Distress signals
Property profile

175 Fulton Ave Hempstead, NY 11550

FOR LEASE
Office buildings
Property ID
US63-3128510
22,272 SF 1.61 ac lot Built 1962
Last sale Mar 2015 · $25,475,753
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional seven-story office building, located at 175 Fulton Avenue in Hempstead, New York, offers a diverse range of office spaces to suit various business needs. The building boasts a total of 202,415 square feet, with multiple custom-built suites available, ranging in size from 800 square feet to an expansive 28,343 square feet. The property is ideally suited for traditional office, medical office, or executive office uses. With ample parking accommodating 375 vehicles, this…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$407k
Tax billed · 2023
Assessed value$88k
Assessed land$8k
Assessed improvement$80k
Effective rate459.43%

Value estimate

· Oct 2026
$6.03M
$5.42M – $6.63M
CAP approach$6.29M
Submarket $/SF estimate$5.14M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$446/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$332 – $551
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency55.1
Gym & Fitness23.8
Skin Care Clinic16.1

Location

175 Fulton Ave Hempstead, NY 11550
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
72 Fulton, Hempstead, NY 11550-3651 $1,400,000 Sep 2025 4,901 SF
320 Fulton, Hempstead, NY 11550 $8,750,000 Mar 2025 14,000 SF
236 Fulton, Hempstead, NY 11550-3915 $4,110,000 May 2023 12,156 SF
269 Fulton, Hempstead, NY 11550-3947 $1,787,500 May 2022 9,984 SF
129 Jackson, Hempstead, NY 11550-2412 $1,000,000 Apr 2021 4,116 SF
226 Clinton, Hempstead, NY 11550-2614 $2,700,000 Mar 2021 5,649 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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