Hellen Keller Services Acquires Office Building From The Incorporated Village Of Hempstead For $8.875M

The sale of an office asset located at 1 Helen Keller Way, Hempstead, NY was completed for a total amount of $8,875,000. The property encompasses a six-story Class B office building with a total area of 73,500 square feet and includes a 35-space indoor parking garage. Built in 1973, the office building is strategically situated at the prominent intersection of Helen Keller Way and Fulton Avenue, providing exceptional visibility and access to major roadways.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $8,875,000
• Address: 1 Helen Keller Way
• Market: Hempstead
• Square Footage: 73,500
• Buyer: Hellen Keller Services
• Seller: The Incorporated Village of Hempstead
• Buyer's Representative: Gary Pezza (Cushman & Wakefield)
• Seller's Representatives: Carmine Inserra (Cushman & Wakefield), Daniel Abbondandolo (Cushman & Wakefield), Joegy Raju (Cushman & Wakefield)

This transaction showcases the involvement of exclusive brokers from Cushman & Wakefield, reflecting their role in facilitating the successful sale. The property's location benefits from nearby amenities such as Nassau University Medical Center, Eisenhower Park, Hofstra University, and Belmont Park, which contribute to its strategic significance in the market.