Retail Building in Malverne, NY

Investment 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*

Investment Summary

American Investment Properties is retained to sell the property located at 8-18 Broadway, Malverne. At this location is a fullyoccupied 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.

About Malverne, NY

The true history of Malverne goes back further than anyone knows. Located on the south shore of Long Island , our village has quite possibly existed for millions of years. More than 10,000 years ago, much of Long Island was covered by glaciers. When the ice began to melt, it formed lakes, brooks, ponds, and streams. The glaciers also transported millions of tons of sand and gravel towards the oceans, building up what is now our south shore. Malverne rests upon this bed of sand and gravel. Our water supply comes from a vast underground basin which extends beneath much of Long Island and runs two thousand feet deep in some places. With its proximity to the south shore, Malverne’s water table is higher than in more northerly villages, and many residents can remember the once vigorously rushing brooks and ponds that occasionally overflowed their banks. The area where Hempstead Avenue and Franklin Avenue meet was once known as “Grassy Pond” and was a popular spot for ice skating during the winter.

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