Property profile

1975 Hempstead Tpke East Meadow, NY 11554

OFF-MARKET
Office buildings
Property ID
US63-1625199
5,216 SF 1.14 ac lot Built 1971
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office space, located at 1975 Hempstead Turnpike in East Meadow, NY, offers a fantastic opportunity for businesses seeking a prestigious address in Nassau County. The building boasts a total of 32,305 square feet, currently featuring multiple tenants. This specific suite comprises 675 square feet of well-maintained office space, perfect for a small team or individual professional. Ample parking is available with 134 spaces provided for tenants and visitors. The property is conveniently situated at 1975 Hempstead Turnpike, in the vibrant East Meadow community, with easy access to major roadways and public transportation, making commuting a breeze. The zip code is 11554. This is a rare opportunity to secure a move-in ready executive office suite in a well-maintained building with convenient amenities. The property is classified as an office building with a subtype of Executive Office and Professional Office. Don't miss out on this chance to establish your business in a prime location. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1971
Construction CONCRETE
Total area 5,216 SF
Lot 1.14 ac (49,615 SF)
APN 45-234-00-0064
UPID US63-1625199

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Psychotherapist
  • Bank Loan Service
  • Bank Loan Service
  • Physician
  • Foster Care Service Social Service Agency

Location

1975 Hempstead Tpke East Meadow, NY 11554-1758
East Meadow metro Census 407700 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
$1.47M
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.44M

Owner & transaction history

since 2016
4 recorded transactions
2016
Price N/A
2013
Price N/A
1969
Price N/A
1969
Price N/A

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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