Skip to main content

MLS ID KEY1022320Last updated Jul 7, 2026

Office

18-20 Hempstead Turnpike

Active · Oyster Bay · Nassau County, NY 11735

Asking price$1,950,000Request a Showing
Year built
1938
Est. monthly taxes
$3,265.8
Property gallery0 / 29
Loading photo…Photo unavailable

About this home

Prime Commercial Investment Opportunity in Farmingdale! Discover an exceptional commercial property offering outstanding flexibility, existing rental income, and endless possibilities for investors and owner-users alike. Featuring 10 private offices, 5 bathrooms, 16 dedicated parking spaces, and the potential for up to 4 separate rental spaces, this versatile property is designed to accommodate a variety of business and income-producing uses. An established dance studio tenant is currently in place, generating $4,326 per month in rental income and providing immediate cash flow. The main office suite features 5 private offices, a reception area, conference room, bathroom, and front and rear entrances with ramp access. The second-floor office offers 2 private offices, a conference room, kitchen, laundry room, full bathroom with shower, and private balcony. The dance studio includes a reception area, private office, 2 bathrooms, and a separate entrance with ramp access. The lower-level office provides a large workspace with cubicles, conference room, storage area, high ceilings, and a private entrance. Additional highlights include a state-of-the-art lighting system controlled by app or switches and a security camera system throughout the property. Whether you’re looking to occupy a portion of the building while generating rental income or seeking a flexible multi-tenant investment opportunity, this unique Farmingdale property offers exceptional functionality, versatility, and long-term potential. A must-see commercial opportunity!

Listing snapshot

Days on site
59 days
Listed on MLS
Jul 6, 2026
Annual property tax (MLS)
$39,189.6
Tax year
2024
Listing brokerage
EXIT Realty Premier
MLS ID
KEY1022320
Last updated
Jul 7, 2026

General features

Property type
Office
Year built
1938
Water source
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected

Interior features

Basement
Finished
Heating
Natural Gas
Cooling
Central Air

Exterior features

Construction materials
Frame

Schools (MLS)

Elementary school district
Farmingdale
Middle school district
Farmingdale
High school district
Farmingdale

School information is provided by the MLS. Confirm attendance eligibility with the school district.

Recent activity

  1. First seen on this site
  2. Listing updated from MLS
  3. MLS status changed

Location

Oyster Bay · Nassau County, NY 11735Show interactive map
18-20 Hempstead Turnpike

Oyster Bay · Nassau County, NY 11735

Google Maps directions

Listing data is supplied by the MLS and may change without notice.