Shopping Center

Malverne, NY Shopping Centers for Sale

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West Hempstead, NY Valley Stream, NY Franklin Square, NY Albany, NY Lynbrook, NY Elmont, NY Rockville Centre, NY East Rockaway, NY
Single-Story Retail Strip Center
Updated: Apr 10
Single-Story Retail Strip Center

360-374 Hempstead Avenue, Malverne, NY 11565

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7,800 sqft
Single‑story retail strip center totaling approx. 7,800 SF (plus full basement) with six retail units
Anchored by Chase Bank at the southeast corner of Hempstead Avenue and Arlington Avenue
Five of six units are currently occupied and leased on a NNN basis
Average current rents of $43.55/SF with long‑term leases in place
Located near the Malverne Long Island Rail Road Station and the Southern State Parkway
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Malverne, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail & Office Building For Sale
Retail & Office Building For Sale

24 Main St, Hempstead, NY

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25,806 sqft 0.49 AC lot

Retail and office building for sale in Hempstead, NY.

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Renovated Retail Strip with Four Units
Renovated Retail Strip with Four Units

215 Sunrise Hwy, Lynbrook, NY 11563

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Fully occupied retail strip consists of four units, renovated in 2017, with tenant-paid utilities and 3% annual rent increases.

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Lynbrook Commercial Building For Sale
Lynbrook Commercial Building For Sale

79-87 Sunrise Hwy, Lynbrook, NY

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9,082 sqft 0.52 AC lot

Fully occupied, one-story commercial building with long-term leases and parking.

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Corner Retail Shopping Center
Corner Retail Shopping Center

427 -429 S Franklin St, Hempstead, NY 11550

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Four-unit shopping center on a corner location with 100% occupancy, central air, and 12+ parking spaces.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Staten Island Commercial Land Opportunity
Staten Island Commercial Land Opportunity

6401 Amboy Road, Staten Island, NY 10309

$4,999,900
1.38 AC lot

Commercial land for sale in Staten Island, approximately 60,000 sq. ft.

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Malverne, NY Shopping Centers Market Trends and Statistics

Explore 1 shopping centers for sale in Malverne, NY on our real estate platform. These investment opportunities span a total of 7,800 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 3
Shopping centers 1

Demographics Overview

Population 8,908
Population Growth (5Y) +2.4%
Median Household Income $145,290
College Educated 80.8%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Nassau County

New Delisted

Total CRE Inventory on Market (SF)

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