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Retail Building in Malverne, NY

$1,750,000

8 Broadway, Malverne, NY 11565

Active
Last Updated: 05/02/2025

7.07

Cap Rate

123,652

NOI

Details:
Cap Rate:    7.07%
NOI:    $123,652
Building Size:    5,800 sqft
Lot Area:    6,750 sqft
Occupancy:    100%
Class:    C
Lease Type:    Modified Gross
Year Built:    1929
Price Per Sqft:    $301.72
Zoning:    Commercial
Tenancy:    Multiple
Gross Leaseable Area:    5,800
Investment Strategy:    Opportunistic
Highlights:
  • For Sale: Retail & Office Building in Malverne, NY
  • Located off of Franklin Ave which has High Traffic Counts
  • Within Walking Distance to the Malverne LIRR Train Station
  • Located a Half Mile from Several Shops and Restaurants in Malverne such as the Malverne Deli, Connolly Station Pub, Malverne Cinema, & More
  • *Please Do Not Speak with the Tenants*
Description:

American Investment Properties is retained to sell the property located at 8-18 Broadway, Malverne. 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.

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Today's Available Mortgage Rates

8 Broadway, Malverne, New York 11565

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/28/2025
BankLender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$8,200 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 73% LTV $0 Lender fees
Loan Amount $1,277,500 Loan Amount
Details
BankLender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$8,188 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 72% LTV $0 Lender fees
Loan Amount $1,260,000 Loan Amount
Details
BankLender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$8,150 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 71% LTV $0 Lender fees
Loan Amount $1,242,500 Loan Amount
Details
Speak With a Loan Consultant

CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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