Property profile

18-22 Main St Hempstead, NY 11550

OFF-MARKET
Distribution centers
Property ID
US63-1473684
8,500 SF 0.28 ac lot Built 1950
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,500 SF
Lot 0.28 ac (12,327 SF)
APN 34-340-00-0107
UPID US63-1473684

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

18-22 Main St Hempstead, NY 11550-4020
Hempstead metro Census 406801 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.28M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.21M

Owner & transaction history

since 2016
Last sale
$4.0M
3 recorded transactions
2016
Price N/A
2010
$1.2M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $5.1M +19.9%
Auto repair, garage $5.0M +16.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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