Property Description
Prime Mixed-Use Property For Sale - 114-122 Broadway, Malverne, NY 11565Excellent 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.
114/16/18/20/22 Broadway | MLS# 901066
This commercial property located at 114/16/18/20/22 Broadway, Malverne, NY 11565 is currently listed for sale with an asking price of $1,750,000. Search Malverne real estate on www.timberlandproperties.com today.
Gallery
Property Features
Property Type: Commercial - Multiple
Cooling: Central Air
Heating: Baseboard, Forced Air, Hot Air
Lot Size: 0.14 Acres
Stories: 1.0
Taxes: $30,000
Year Built: 1957
Feature Descriptions
Building Area Total: 4456
Business Type: Mixed
Cap Rate: 6
Days on Site: 202
Electric: 200+ Amp Service
Exterior: Stucco
On Market Date: 2025-08-13
Parking Features: Private
Parking Total: 3
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Water: Public
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114/16/18/20/22 Broadway, Malverne, NY 11565
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Demographics
Listed By / Shown By
Listing By
Agency Name: Stonegate Real Estate
Agency Contact: 516-740-2777
Shown By
Agency Title: Timberland Properties
Agency Phone: 845-586-3321
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114/16/18/20/22 Broadway, Malverne, NY 11565
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