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    Property profile & analytics

    324-328 Hempstead Ave Malverne, NY 11565

    • Retail space
    • 1,920 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-3610376
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 324-328 Hempstead Ave

    Year built
    1963
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.18 lot acres
    Property size
    1,920 SF
    Property type
    Retail space
    APN
    35-281-00-0152
    APU
    35281000152

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Malverne
    County
    Nassau
    State
    New York
    Longitude
    -73.6682
    Latitude
    40.6765
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,260
    $1,882
    $4,257
    $6,139
    -
    $0.00
    $0.00
    $613,900

    Comparable in this City

    • Value Estimation by Request
      1,056 SF

      294 Hempstead Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,056 SF
      294 Hempstead Ave, Malverne, NY 11565-1268
      View Details
    • Value Estimation by Request
      3,808 SF

      345-349 Hempstead Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,808 SF
      345-349 Hempstead Ave, Malverne, NY 11565
      View Details
    • Value Estimation by Request
      1,050 SF

      110-114 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 1,050 SF
      110-114 Broadway St, Malverne, NY 11565
      View Details
    • Value Estimation by Request
      1,297 SF

      112 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 1,297 SF
      112 Broadway, Malverne, NY 11565-1652
      View Details
    • Value Estimation by Request
      1,056 SF

      294 Hempstead Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,056 SF
      294 Hempstead Ave, Malverne, NY 11565-1268
      View Details
    • Value Estimation by Request
      1,770 SF

      296 Hempstead Ave, Unit 304

      RETAIL STORES (PERSONAL SERVICES) • 1,770 SF
      296 Hempstead Ave, Malverne, NY 11565-1201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      900 SF

      Retail Space with Large Parking

      Retail space featuring a large parking lot and great exposure.
      360-374 Hempstead Ave, Malverne, NY 11565
      View Details
    • New
      $3,600 /Mo
      6,138 SF

      Prime Corner Commercial Space Available

      Corner commercial space in Malverne, available February 1st.
      345-349 Hempstead Ave, Malverne, NY 11565
      View Details
    • $1,600 /Mo
      6,752 SF

      Storefront/Office For Rent

      Storefront or office for rent with a private basement.
      10 Broadway, Malverne, NY 11565
      View Details
    • $3,500 /Mo
      4,844 SF

      Remodeled Commercial Space in Malverne

      Renovated 2,000 SF commercial space near Long Island Railroad.
      4 Weber Ave, Malverne, NY 11565
      View Details
    • $1,750 /Mo

      Convenient Office Space For Rent

      Centrally located office space with on-site parking and public transport.
      333 Hempstead Ave, Malverne, NY 11565
      View Details
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    Malverne, NY 11565
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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