221-223 Hempstead Tpke - Storefront Retail/Office FOR SALE


West Hempstead, NY 11552
$1,950,000 USD
516-343-6964
221-223 Hempstead Tpke, West Hempstead, NY for Sale
$1,950,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | Request Cap Rate

221-223 Hempstead Tpke
West Hempstead, NY 11552


HIGHLIGHTS

  • 10,400 SF Mixed Use Building featuring Retail, Office, and Multi Family
  • Attached to Municipal Parking for 70 Vehicles
  • Ideal opportunity for an Owner-User to occupy the second floor space and benefit from multiple sources of income
  • 2 Blocks Away from the $210M Redevelopment bringing 481,000 SF featuring 425+ New Apartments

OVERVIEW

North Village Realty has been exclusively retained for the sale of 221-223 Hempstead Tpke. This is an excellent opportunity for an owner-user to capitalize on the vacant 5,000+ SF of second floor space with municipal parking for almost 70 vehicles directly attached. The property is located only two blocks away from the massive redevelopment currently being constructed by Heatherwood Luxury Rentals of 481,000 SF featuring 425+ apartments. For more information or to schedule a private showing, contact the exclusive broker Tom Bigansky at 516-343-6964.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,000 SF

ZONING

Business X

APN/PARCEL ID

2089-35-354-00-0009-0,2089-35-354-00-0011-0

ASK ABOUT THIS PROPERTY

Thomas BiganskyNorth Village Realty LLCMore Info
516-343-6964

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Thomas BiganskyNorth Village Realty LLCMore Info
516-343-6964

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