Property profile

380 Hempstead Ave West Hempstead, NY 11552

FOR LEASE
Office buildings
Property ID
US63-6172910
3,360 SF 0.33 ac lot Built 1963
Entity Owned 4-yr Hold Free & Clear
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380 Hempstead Ave, West Hempstead, NY 11552 For Lease
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380 Hempstead Ave, West Hempstead, NY 11552
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Property summary

AI-generated overview

This exceptional medical office space, located at 380 Hempstead Avenue in West Hempstead, NY 11552, offers a fantastic opportunity for medical professionals seeking a well-established presence in a thriving community. The building, constructed in 1963, is a two-story structure encompassing a total of 6,720 square feet and features one available suite of 1,864 square feet. The property is classified as a multi-tenant building, providing a collaborative and professional environment. Convenient on-site parking is available with a ratio of 4 spaces per 1000 square feet. The building is equipped with elevators for easy access to both floors. This is a single building property, ideal for a variety of medical practices. The property's location in West Hempstead, New York offers easy access to major transportation routes and a strong local patient base. This is a rare opportunity to secure a well-situated medical office space in a desirable location. The building's age is complemented by its well-maintained condition and functional layout, making it an attractive option for medical professionals seeking a comfortable and efficient workspace. The available suite provides ample space for a variety of medical specialties. Don't miss this chance to establish or expand your practice in this prime West Hempstead location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,360 SF
Lot 0.33 ac (14,201 SF)
APN 35-372-00-0012
UPID US63-6172910

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
  • Dental Office
  • Law Firm
  • Dental Office
  • Dental Office
  • Dental Office

Location

380 Hempstead Ave West Hempstead, NY 11552
West Hempstead metro Census 406002 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
$411k
Blend (final) Blend
$660k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2006
$1.3M
1993
$750,000

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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