An office building in West Hempstead has been sold to a Long Island real estate investment firm. 

Great Neck-based Excel Capital Group purchased the 72,000-square-foot building on 2.62 acres at 60 Hempstead Ave. 

The price was not disclosed, but industry sources say the property traded for $6 million. 

The 7-story office building was 37 percent occupied at the time of the sale. Bank of America, which has a bank branch on the ground level, occupies nearly 30 percent of the building. 

The sale was facilitated through the Ten-X bidding platform. 

The buyer was self-represented, while Adam Rochlin, Michael Levenstein, Michael Rosenfeld and Maxx Rochlin of The Rochlin Organization represented seller Lighthouse Real Estate Ventures in the sales transaction. 

Levenstein said the building has a rich history. 

“Located within what was known as the Hempstead Financial District, 60 Hempstead had been known as the headquarters of Franklin National Bank and its successors,” he said. “The building’s unique shape, its location within walking distance to the West Hempstead LIRR station, and its clock-towered peak, makes this building a historic location in the area. Recognizing the single-digit vacancy rate within the surrounding marketplace, Excel felt a little TLC would go a long way in renting the vacant office suites.”  





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