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114/16/18/20/22 Broadway

Malverne, NY 11565
  • $1,750,000
  • STATUS: Active
  • ON SITE: 118 Days
  • MLS #: 901066
Price Reduced
$1,750,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1957
County:
Area:

School Ratings & Info

Description

Prime Mixed-Use Property For Sale – 114-122 Broadway, Malverne, NY 11565 Excellent investment opportunity in the heart of Malverne’s business district. This fully leased mixed-use property offers approx. 4,456 SF of interior space on a 6,165 SF lot. All tenants have long-term leases and pro-rata tax pass-throughs. Recently upgraded with a new roof and HVAC system (both installed 3 years ago). Generates steady income and minimal landlord responsibility. Ideal for investors seeking turnkey, low-maintenance assets.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-10T00:17:12.263.
www.selectyournexthome.com/homes/166867417
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114/16/18/20/22 Broadway Malverne, NY 11565

  • Price: $1,750,000
  • Status: Active
  • On Site: 118 Days
  • MLS #: 901066
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1957
Built
Neighborhood:
Hempstead
County:
Nassau
Area:
Hempstead
Property Description
Prime Mixed-Use Property For Sale – 114-122 Broadway, Malverne, NY 11565 Excellent investment opportunity in the heart of Malverne’s business district. This fully leased mixed-use property offers approx. 4,456 SF of interior space on a 6,165 SF lot. All tenants have long-term leases and pro-rata tax pass-throughs. Recently upgraded with a new roof and HVAC system (both installed 3 years ago). Generates steady income and minimal landlord responsibility. Ideal for investors seeking turnkey, low-maintenance assets.
Exterior Features

Construction Materials Stucco Cross Street Alanwick Road Parking Features Private Parking Total 3 Property Attached YN Yes Stories Total 1 Waterfront YN No

Interior Features

Basement YN No Cooling Central Air Electric 200+ Amp Service Elevator YN No

Property Features

Building Area Total 4456 Business Type Mixed Heating BaseboardForced AirHot Air Lot Size Area 6165 Net Operating Income 110236 Operating Expense 32349 Property Condition Updated/Remodeled Property Sub Type Mixed Use Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 30000 Tax Section 37 Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Water Source Public

Listing courtesy of David Lau of Stonegate Real Estate: 516-740-2777
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-10T00:17:12.263.
 
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