Financial
Distress signals
Property profile

18-20 Hempstead Tpke Farmingdale, NY 11735

FOR SALE
Other commercial real estate
Property ID
US63-0281046
960 SF 0.33 ac lot Built 1938
Last sale Mar 2013 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
18-20 Hempstead Tpke, Farmingdale, NY 11735 For Sale
$1,950,000 960 SF
18-20 Hempstead Tpke, Farmingdale, NY 11735
View Listing

Property summary

AI-generated overview

The property at 18–20 Hempstead Turnpike in Farmingdale, Nassau County, New York is a multi-unit office building intended for office use. The listing does not provide details on the number of units, individual unit layouts, or any specific building improvements. Prospective users should verify available configurations and building features, as well as the current leasing or occupancy status, directly with the broker of record.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$41k
Tax billed · 2023
Assessed value$6k
Assessed land$4k
Assessed improvement$1k
Effective rate720.59%

Value estimate

· Sep 2026
$860k
$774k – $946k
AI approach$740k
Sales comparison$1.02M
NOI build-up
Gross scheduled income$151k
Vacancy & credit loss−$27k
Operating expenses−$31k
NOI · 4.76% cap applied$93k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$647/SF
County average, outlier-cleaned · 604 recorded sales of this use type
Observed band · Q1–Q3$302 – $1,068
Qualifying comparables6

Cap rate analysis

How does the asset earn?
4.76%
$93k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency17.4
Daycare Center11.7
Hair Salon11.0

Location

18-20 Hempstead Tpke Farmingdale, NY 11735
County assessor Recorded deeds · 5 transfers 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
647 Main, Farmingdale, NY 11735-4150 $475,000 Jun 2023 1,130 SF
56 Toledo, Farmingdale, NY 11735-6621 $950,000 Nov 2022 4,592 SF
35 Allen, Farmingdale, NY 11735-5611 $825,000 May 2022 3,000 SF
826 Conklin, Farmingdale, NY 11735-2442 $820,000 Mar 2020 4,317 SF
863 Fulton, Farmingdale, NY 11735-3600 $605,000 Feb 2020 580 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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