1975 Hempstead TpkeEast Meadow, NY 11554

  • Office buildings
  • 5,216 SF

Property Details for 1975 Hempstead Tpke

Year built
1971
Construction
CONCRETE
Lot size
1.14 AC
Property size (Sq ft)
5,216 SF
Property type
Office buildings
APN
45-234-00-0064
APU
45234000064

Description

This exceptional executive office space, located at 1975 Hempstead Turnpike in East Meadow, NY, offers a fantastic opportunity for businesses seeking a prestigious address in Nassau County. The building boasts a total of 32,305 square feet, currently featuring multiple tenants. This specific suite comprises 675 square feet of well-maintained office space, perfect for a small team or individual professional. Ample parking is available with 134 spaces provided for tenants and visitors. The property is conveniently situated at 1975 Hempstead Turnpike, in the vibrant East Meadow community, with easy access to major roadways and public transportation, making commuting a breeze. The zip code is 11554. This is a rare opportunity to secure a move-in ready executive office suite in a well-maintained building with convenient amenities. The property is classified as an office building with a subtype of Executive Office and Professional Office. Don't miss out on this chance to establish your business in a prime location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $862,361
    6.5%
    $796,025
    7%
    $739,166
  • Comparable approach

    Method
    Valuation
    Relative Method
    $681,523
    Geo Method
    $681,523
  • Alternative Use

    Use
    Valuation
    Residential
    $987,071
    Hospitality
    $904,152
    Educational
    $752,244
    Medical
    $778,115
    Retail
    $1,170,157

Location Insight

City
East Meadow
County
Nassau
State
New York
Latitude
40.7248
Longitude
-73.5632
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
$215,696
$7,726
$15,445
$23,171
-
-
-
$2,317,100

FAQs

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