Hempstead, NY Commercial Real Estate for Lease and Sale

Explore 20 listings of Hempstead commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

64 Hilton Ave

64 Hilton Ave, Hempstead, NY
Property

Office

7,723 SF
Availability

5 Spaces

685 SF
Year Built

1902
For Lease

$650.00 - $1,300.00/MO
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50 Clinton Street

50 Clinton Street, Hempstead, NY
Property

Office

18,735 SF
Availability

7 Spaces

19,978 SF
For Lease Contact for pricing
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1 Helen Keller Way, Hempstead, NY 11550

1 Helen Keller Way, Hempstead, New York, 11550, Hempstead, NY
Property

Unassigned

73,500 SF
Year Built

1973
For Sale

$8,750,000
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1 Helen Keller Way

1 Helen Keller Way, Hempstead, NY
Property

Office

73,500 SF
Availability

3 Spaces

25,400 SF
Year Built

1973
For Lease

$19.75/SF/YR
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14 Front Street

14 Front Street, Hempstead, NY
Property

Office

32,485 SF
Availability

2 Spaces

4,500 SF
Year Built

1969
For Lease Contact for pricing
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820 Front Street

820 Front Street, Hempstead, NY
Property

Office

10,000 SF
Availability

1 Space

10,000 SF
For Lease Contact for pricing
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250 Fulton Avenue

250 Fulton Avenue, Hempstead, NY
Property

Office

90,000 SF
Availability

4 Spaces

21,163 SF
Year Built

1955
For Lease

$28.00/SF/YR
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175 Baldwin Rd

175 Baldwin Rd, Hempstead, NY
Property

Mixed Use

8,550 SF
Availability

3 Spaces

4,600 SF
Year Built

1923
For Lease Contact for pricing
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279 Baldwin Rd

279 Baldwin Rd, Hempstead, NY
Property

Multi-Family

12,000 SF
Year Built

1930
For Sale Contact for pricing
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50 Clinton Street
Modern Office Space Long Island
50 Clinton Street, Hempstead, NY
Services

Meeting Room

Private Office

Dedicated Desk
Amenities

Cleaning services

Complimentary coffee & tea

Free water

High-speed internet

Parking

Printer

Receptionist/Secretarial services
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1078-1096 Grand Ave.

1078-1096 Grand Ave., South Hempstead, NY
Property

Retail

9,589 SF
Availability

1 Space

1,600 SF
For Lease Contact for pricing
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The Hub

172 Fulton Avenue, Hempstead, NY
Property

Retail

248,569 SF
Availability

3 Spaces

7,278 SF
Year Built

2000
For Lease Contact for pricing
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160 Marvin Avenue

160 Marvin Avenue, Hempstead, NY
Property

Land

76,230 SF
Availability

1 Space

76,230 SF
For Lease Contact for pricing
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32-44 Intersection Street

32 Intersection Street, Hempstead, NY
Property

Industrial

39,000 SF
Availability

1 Space

10,000 SF
Year Built

1936
For Lease Contact for pricing
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Hempstead Village Commons

252 Peninsula Blvd, Hempstead, NY
Property

Retail

96,482 SF
Availability

1 Space

24,000 SF
Year Built

1998
For Lease Contact for pricing
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474 Fulton Avenue

474 Fulton Avenue, Hempstead, NY
Property

Office

4,070 SF
Availability

1 Space

4,070 SF
For Lease Contact for pricing
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316-318 Fulton Ave

316-318 Fulton Ave, Hempstead, NY
Property

Office

10,272 SF
Availability

1 Space

4,000 SF
Year Built

1911
For Lease

$30.00/SF/YR
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54 N. Franklin Avenue

54 N. Franklin Avenue, Hempstead, NY
Property

Retail

1,200 SF
Availability

1 Space

1,200 SF
For Lease Contact for pricing
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160 Marvin Ave

160 Marvin Ave, Hempstead, NY
Property

Land

76,230 SF
For Sale Contact for pricing
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Hempstead Village Commons

290 Peninsula Boulevard, Hempstead, NY
Property

Retail

96,482 SF
Availability Contact for availability

For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Hempstead commercial real estate market incorporates 246,785 square feet of office space across 10 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Hempstead commercial real estate market includes 361,840 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Hempstead market, there is a total of 39,000 square feet of industrial property.

The listing inventory in Hempstead incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Hempstead is represented by Office space, which accounts for 89,796 square feet of available listings. Retail space available in Hempstead adds up to 34,078 square feet.

Meanwhile, most of the listings of commercial property for sale in Hempstead are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Hempstead is $25.16 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Hempstead can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Hempstead, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $30 per square foot. In particular, the property type commanding the highest lease rates in Hempstead was Office space.

The average size of a commercial property in Hempstead depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Hempstead, the average size of an office property is 30,849 square feet.
Retail properties here incorporate an average of 72,368 square feet.
Industrial space in Hempstead is in buildings that are, on average 39,000 square feet in size.

Hempstead, NY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Hempstead currently add up to 214,704 square feet. The market offers 10 active office listing(s), which amount to 89,796 square feet and account for 58% of commercial spaces on the market. Local retail availability includes 34,078 square feet across 4 retail space(s). Industrial space for rent opportunities in Hempstead amount to 10,000 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	10	89,796
Retail	4	34,078
Industrial	2	10,000
Other	1	80,830

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Hempstead, NY. Currently, there is 167,730 square feet of commercial property for sale here , which includes , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Retail	1	6,000
Other	2	161,730

Hempstead, NY Commercial Real Estate for Lease and Sale

64 Hilton Ave

50 Clinton Street

1 Helen Keller Way, Hempstead, NY 11550

1 Helen Keller Way

14 Front Street

820 Front Street

250 Fulton Avenue

175 Baldwin Rd

279 Baldwin Rd

50 Clinton Street

1078-1096 Grand Ave.

The Hub

160 Marvin Avenue

32-44 Intersection Street

Hempstead Village Commons

474 Fulton Avenue

316-318 Fulton Ave

54 N. Franklin Avenue

160 Marvin Ave

Hempstead Village Commons

Frequently Asked Questions

Hempstead, NY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Hempstead, NY Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Hempstead, NY?

What factors affect the price of commercial real estate in Hempstead, NY?

What is the average rent for commercial space in Hempstead, NY?

What are the best areas for commercial real estate in Hempstead, NY?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Hempstead, NY?

Hempstead, NY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us