Property profile

64 Hilton Ave Hempstead, NY 11550

FOR LEASE
Commercial real estate
Property ID
US63-2813592
1,052 SF 0.6 ac lot Built 1902
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This beautifully renovated 1899 Victorian mansion, located at 64 Hilton Avenue in Hempstead's Cathedral Gardens submarket, offers 6,000 square feet of professional office space. The three-story building features 16 suites, with a maximum contiguous space of 650 square feet, ideal for a variety of businesses. Recent renovations (2018) include new windows and carpeting, while preserving original moldings and two charming (non-working) fireplaces. The building provides 14 parking spaces and convenient access to a first-floor conference room. Situated just half a mile from downtown Garden City and five minutes from the Southern State Parkway, this location offers both a prestigious address and easy commuting. The building is also four blocks from the Nassau County District Court, within a residential area, providing a quiet and professional atmosphere. This property is perfect for attorneys and other professionals seeking a unique and well-maintained office space. Discounts are available for longer-term leases. The building does not have elevators.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1902
Construction FRAME
Total area 1,052 SF
Lot 0.6 ac (26,310 SF)
APN 34-285-00-0060
UPID US63-2813592

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
  • Law Firm
  • Law Firm
  • Law Firm
  • Law Firm Child Welfare Organization
  • Insurance Agency

Location

64 Hilton Ave Hempstead, NY 11550
Hempstead metro Census 406702 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2018
2 recorded transactions
2018
$300,000
1999
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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