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$ 1,950,000
Est. payment /mo
New
18-20 Hempstead TPKE Farmingdale, NY 11735
0.33 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1022320
Rental Info No
Year Built 1938
Annual Tax Amount $39,189
Lot Size 0.326 Acres
Acres 0.326
Property Sub-Type Office
Source onekey2
Property Description
Prime Commercial Investment Opportunity in Farmingdale! Discover an exceptional commercial property offering outstanding flexibility, existing rental income, and endless possibilities for investors and owner-users alike. Featuring 10 private offices, 5 bathrooms, 16 dedicated parking spaces, and the potential for up to 4 separate rental spaces, this versatile property is designed to accommodate a variety of business and income-producing uses. An established dance studio tenant is currently in place, generating $4,326 per month in rental income and providing immediate cash flow. The main office suite features 5 private offices, a reception area, conference room, bathroom, and front and rear entrances with ramp access. The second-floor office offers 2 private offices, a conference room, kitchen, laundry room, full bathroom with shower, and private balcony. The dance studio includes a reception area, private office, 2 bathrooms, and a separate entrance with ramp access. The lower-level office provides a large workspace with cubicles, conference room, storage area, high ceilings, and a private entrance. Additional highlights include a state-of-the-art lighting system controlled by app or switches and a security camera system throughout the property. Whether you're looking to occupy a portion of the building while generating rental income or seeking a flexible multi-tenant investment opportunity, this unique Farmingdale property offers exceptional functionality, versatility, and long-term potential. A must-see commercial opportunity!
Location
State NY
County Nassau County
Rooms
Basement Finished
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
High Schools Farmingdale
School District Farmingdale
Others
Special Listing Condition None
Listed by EXIT Realty Premier • Robert J. Schwendel