$1,950,000
( $361.38Per Sq Foot )
 $10,468 est/mo Sourced by Back At You

18-20 Hempstead Turnpike,Farmingdale, NY 11735

Farmingdale, NY 11735

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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!

Details

MLS #1022320
Listing TypeFor Sale
StyleOffice
Sub-TypeResale
StatusActive
Year1938
Days On Site73
Listing Provided ByEXIT Realty Premier | Robert J. Schwendel

Features

SQ Feet5,396
BasementY
Acreage0.33

Interior

CoolingCentral Air
HeatingNatural Gas

Exterior

Construction MaterialsFrame

Utilities

UtilitiesElectricity Connected, Natural Gas Connected
SewerPublic Sewer

Taxes

Tax Year2024
Tax Assessed Value5742
Tax Annual Amount39189.6

Area Information

StateNY
CountyNassau County
CityFarmingdale
Zip Code11735
Listing VS Median (in 11735)
Price:
$1,950,000
low | high
Med:
$700,000
100% of Average
sqft:
5,396
low | high
Med:
1,291
100% of Average
$ / sqft:
$361
low | high
Med:
$550
2.066216828701% of Average
On site:
73
low | high
Med:
8
100% of Average
Sourced by Back At You

Market Activity 11735

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Learn More About This Property

Gregory Kyroglou

Gregory Kyroglou

Modern Spaces New York

 (917) 916-6776greg@modernspaces.com
StateNY
CountyNassau County
CityFarmingdale
Zip Code11735
Listing VS Median (in 11735)
Price:
$1,950,000
low | high
Med:
$700,000
100% of Average
sqft:
5,396
low | high
Med:
1,291
100% of Average
$ / sqft:
$361
low | high
Med:
$550
2.066216828701% of Average
On site:
73
low | high
Med:
8
100% of Average
Sourced by Back At You
Listing Updated: July 9, 2026 at 3:43:50 PM PDT
Gregory Kyroglou
(917) 916-6776
Astoria - 29-20 23rd Ave.
Astoria, New York 11105

Gregory Kyroglou - Modern Spaces New York