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Executive Summary

Investment or Owner User!
Office/Medical
Currently fully occupied
Can be deliverd vacant or with income
Pristine office spaces
Municpal Lot directly behind building
Zoning "B" Village of Malverne
CALL JEREMY OGUR @ 516-647-1782 for Income and Expenses & RR

Attachments

OM
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Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,600 SF
Building Class
C
Year Built
1910
Price
$1,225,000
Price Per SF
$340.28
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
953 SF
Building FAR
2.87
Lot Size
0.03 AC
Zoning
Business "B" - Zoning Business "B" Villlage of Malverne Office/Medical
Parking
5 Spaces (1.39 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Ann Lorraine Russo Inc
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Coach Realtors Co
  • Real Estate
  • -
  • -
  • -
  • Lightning Bolt Holdings LLC
  • Manufacturing
  • -
  • -
  • -
  • Robert J Frey Agency
  • Finance and Insurance
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Ann Lorraine Russo Inc Professional, Scientific, and Technical Services - - -
Coach Realtors Co Real Estate - - -
Lightning Bolt Holdings LLC Manufacturing - - -
Robert J Frey Agency Finance and Insurance - - -
Moderately walkable
70/100
Fairly drivable
50/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
2027-35-281-00-0012-0
Land Assessment
$232
Improvements Assessment
$2,261
Total Assessment
$2,493
  • Listing ID: 40418700

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 294 Hempstead Ave, Malverne, NY 11565

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