380 Hempstead AveWest Hempstead, NY 11552

  • Office buildings
  • 3,360 SF

Property Details for 380 Hempstead Ave

Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.33 AC
Property size (Sq ft)
3,360 SF
Property type
Office buildings
APN
35-372-00-0012
APU
35372000012

Description

This exceptional medical office space, located at 380 Hempstead Avenue in West Hempstead, NY 11552, offers a fantastic opportunity for medical professionals seeking a well-established presence in a thriving community. The building, constructed in 1963, is a two-story structure encompassing a total of 6,720 square feet and features one available suite of 1,864 square feet. The property is classified as a multi-tenant building, providing a collaborative and professional environment. Convenient on-site parking is available with a ratio of 4 spaces per 1000 square feet. The building is equipped with elevators for easy access to both floors. This is a single building property, ideal for a variety of medical practices. The property's location in West Hempstead, New York offers easy access to major transportation routes and a strong local patient base. This is a rare opportunity to secure a well-situated medical office space in a desirable location. The building's age is complemented by its well-maintained condition and functional layout, making it an attractive option for medical professionals seeking a comfortable and efficient workspace. The available suite provides ample space for a variety of medical specialties. Don't miss this chance to establish or expand your practice in this prime West Hempstead location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $555,508
    6.5%
    $512,777
    7%
    $476,150
  • Comparable approach

    Method
    Valuation
    Relative Method
    $439,018
    Geo Method
    $439,018
  • Alternative Use

    Use
    Valuation
    Residential
    $635,843
    Hospitality
    $582,429
    Educational
    $484,574
    Medical
    $501,239
    Retail
    $753,782

Location Insight

City
West Hempstead
County
Nassau
State
New York
Latitude
40.6986
Longitude
-73.6517
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$53,865
$2,734
$4,341
$7,075
-
-
-
$707,500

FAQs

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