This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

965 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

8-18 Broadway

5,800 SF 100% Leased Retail Building Malverne, NY 11565 £1,530,937 (£264/SF) 6.10% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • For Sale: Retail & Office Building in Malverne, NY
  • Within Walking Distance to the Malverne LIRR Train Station
  • *Please Do Not Speak with the Tenants*
  • Located off of Franklin Ave which has High Traffic Counts
  • Located a Half Mile from Several Shops and Restaurants in Malverne such as the Malverne Deli, Connolly Station Pub, Malverne Cinema, & More

EXECUTIVE SUMMARY

At this location is a fully-occupied retail and office building. This property is located off of Franklin Ave which has high traffic counts. The tenants contribute towards the RE taxes, they pay for their own utilities, & most tenants contribute towards the water as well. This is a great investment opportunity that is located within walking distance to the Malverne LIRR train station.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,800 SF
Building Class
C
Year Built
1929
Price
£1,530,937
Price Per SF
£264
Net Initial Yield
6.10%
NOI
£93,453
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.89
Lot Size
0.15 AC
Zoning
Commercial
1 of 1
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Fitness 19
Chase Bank
Webster Bank

PROPERTY TAXES

Parcel Number 2027-37-212-00-0424-0 Improvements Assessment £4,204
Land Assessment £1,315 Total Assessment £5,519

PROPERTY TAXES

Parcel Number
2027-37-212-00-0424-0
Land Assessment
£1,315
Improvements Assessment
£4,204
Total Assessment
£5,519
(516) 393-2300 x101

CONTACT

  • Listing ID: 33826435

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 8-18 Broadway, Malverne, NY 11565

The Retail Property at 8-18 Broadway, Malverne, NY 11565 is currently available for sale. Contact American Investment Properties, Inc. for more information.

1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
1/5
8-18 Broadway, Malverne, NY for sale Building Photo- Image 1 of 5
500770
8-18 Broadway, Malverne, NY for sale Building Photo- Image 2 of 5
509829
8-18 Broadway, Malverne, NY for sale Building Photo- Image 3 of 5
509831
8-18 Broadway, Malverne, NY for sale Primary Photo- Image 4 of 5
Primary Photo

1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

8-18 Broadway
(516) 393-2300 x 101

8-18 Broadway

Ron Koenigsberg

(516) 393-2300

x101

(516) 393-2300 x101

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link