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Property Description

Exceptional investment opportunity in the Heart of West Hempstead! Features a 4-Unit Mixed-Use Corner Building with a detached 2 Car Garage. The property features 20+ feet of frontage on high-traffic Hempstead Avenue, excellent signage and exposure. Equipped with 3-phase industrial electrical service (300 amps). 1st Floor Offers Store-Tattoo parlor with full basement $3,000 month ($36,000/year – can be delivered vacant) and Studio apartment $1,500 month ($18,000/year), 2nd Floor Units Offer a 2-bedroom apartment $2,400 month ($28,800/year), a 1-bedroom apartment $2,300 month ($27,600/year), and detached 2 car garage rental $500 month ($6,000/year). Zoned for flexibility, it’s perfect for investors, developers, or end-users seeking a value-add opportunity or future redevelopment site. Gross annual rental income $116,400 and annual expenses $31,036.25. Located just blocks from the West Hempstead and Hempstead Gardens LIRR stations and surrounded by national retailers. This property offers unmatched visibility, steady cash flow, and tremendous upside. Don’t miss the chance to own a high-yield asset in one of Nassau County’s most desirable corridors.

Features
Heating System:
Steam
Cooling System:
No
Basement:
Full
Sewer:
Public Sewer
Utilities:
Natural Gas Connected, Electricity Connected, Cable Connected, Water Connected, Sewer Connected
Address Map
City:
Hempstead
State:
NY
County:
Nassau County
Property and Construction
Development Status:
Brick
Agent MlsId:
113751
Office MlsId:
KLRW01
Number Of Units:
4
Special Listing Conditions:
No
Stories Total:
2
Tax Annual Amount:
$26,986
Water Source:
Public
PhotosCount:
8

Commercial Sale For Sale

352 Hempstead Avenue, Hempstead, NY

2,220 Acre
$1,450,000
Listing ID #913604
Basic Details
Property Type :
Commercial Sale
Property SubType :
Mixed Use
Listing ID :
913604
Price :
$1,450,000
Bathrooms Total :
0
Building Area :
3,960 Sqft
Lot Area :
2,220 Acre
Year Built :
1925
Status :
Active
Status :
Active
Listing Office :
Keller Williams Landmark II
Listing Agent :
Afshin Termechi
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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