Property profile

60 Hempstead Ave West Hempstead, NY 11552

OFF-MARKET
Office buildings
Property ID
US63-1049280
9,238 SF 0.49 ac lot Built 1955
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,238 SF
Lot 0.49 ac (21,388 SF)
APN 35-079-00-0573
UPID US63-1049280

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
  • Real Estate Agency
  • Crisis Center Medical Clinic
  • Nail Salon
  • Employment Agency
  • Daycare Center

Location

60 Hempstead Ave West Hempstead, NY 11552-2148
West Hempstead metro Census 406201 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.26M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.09M
Blend (final) Blend
$6.19M

Owner & transaction history

since 2022
Last sale
$5.7M
7 recorded transactions
2023
Price N/A
2022
$5.7M
2017
Price N/A
2011
Price N/A
2005
$1,506.0M
2005
Price N/A
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $8.2M +99.1%
Neighborhood: shopping center $8.1M +96.8%
Commercial (general) $5.6M +35.6%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 60 Hempstead Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message