18-20 Hempstead Turnpike
Farmingdale, NY, 11735 $ 1,950,000
Bedrooms-- Baths-- Sq 5,396 Monthly Estimate*
$ 12,313
for $1,950,000. This 5,396 square foot building was built in 1938 on a lot size of 0.326.
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!
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected
Construction Materials Frame
Year Built 1938
Property Subtype Office
Tax Year 2024
Parcel Number 2489-49-248-00-0017-0
Business Type Mixed Professional/Office
County Nassau County
Property Type Commercial Sale
City Oyster Bay
High School District Farmingdale
Property Attached Y/N N
Tax Annual Amount 39189.6
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Farmingdale
Elementary School District Farmingdale
Tax Assessed Value 5742
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InteriorBasement Finished
Basement Features Finished
Basement (Y/N) Y
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ExteriorWater Source Public
Building Area Total 5396
Waterfront Y/N N
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* Excluded FeaturesList ByRobert J. SchwendelListing Agent
Exit Realty PremierBroker
Affordability Calculator
- Monthly Principal & Interest
- $12,313
- Monthly Property Taxes
- $3,266
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Farmingdale, NY
Average List Price $1,422,500
Percent of Sale Price 27%
About Farmingdale, NY 32,273 Population
0% Since 2002
$ 91,599 Median Income
41.96 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4099471 Elementary School
5434919 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/6/2026 | $1,950,000 | | Listed Price |