1529 Hempstead Tpke - Retail FOR SALE


Elmont, NY 11003
$5,250,000 USD
516-801-6181
1529 Hempstead Tpke, Elmont, NY for Sale
$5,250,000 USD
Retail - FOR SALE
1/16
null | Request Cap Rate

1529 Hempstead Tpke
Elmont, NY 11003


OVERVIEW

Located at 1529 Hempstead Turnpike, this exceptional commercial property offers a prime opportunity for investors and end-users alike. The property encompasses a total of 8,800 square feet, featuring two retail storefronts, each spanning 800 square feet and including a full basement, perfect for additional storage or expansion needs. Boasting 24 on-site parking spaces, the property ensures convenience for customers and employees. It is equipped with central air conditioning and gas baseboard heating, guaranteeing comfort year-round. The property is connected to the sewer system, and the 7,200 square foot main building is constructed on a solid slab foundation, providing durability and stability. A standout feature of this property is the steel beam support system, which offers flexibility in space configuration. Whether you wish to divide the area for multiple tenants or reconfigure it to suit your business requirements, the structural integrity supports various options. The location is highly advantageous, situated near significant transportation hubs. The newly developed UBS Arena and UBS LIRR Station enhance the property's appeal, providing easy access for commuters and increased foot traffic. This vibrant area is poised for growth, making it a strategic investment opportunity. Don't miss out on this versatile and well-located commercial property.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$505 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

18,034 SF

ZONING

-

APN/PARCEL ID

2089-32-494-00-0121-0

ASK ABOUT THIS PROPERTY

Giuseppe GregorioNY Space FindersMore Info
516-801-6181

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Giuseppe GregorioNY Space FindersMore Info
516-801-6181

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.