Property profile

345-349 Hempstead Ave Malverne, NY 11565

OFF-MARKET
Retail space
Property ID
US63-2866285
3,808 SF 0.14 ac lot Built 1950
Entity Owned 27-yr Hold Free & Clear
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Property summary

AI-generated overview

This commercial property is situated on the northeast corner in Malverne, New York, providing 1,200 square feet of above-grade space with an additional basement. The parcel has a lot size of 0.1409 acres and is positioned on a corner location that provides visibility to passing traffic.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,808 SF
Lot 0.14 ac (5,952 SF)
APN 35-261-00-0144
UPID US63-2866285

Cap rate & NOI

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

Location

345-349 Hempstead Ave Malverne, NY 11565
Malverne metro Census 410100 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.20M

Owner & transaction history

since 1998
1 recorded transaction
1998
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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