2921-2953 Hempstead Tpke - Restaurant FOR SALE


Levittown, NY 11756
$22,500,000 USD
516-223-6200
2921-2953 Hempstead Tpke, Levittown, NY for Sale
$22,500,000 USD
Restaurant - FOR SALE
1/7
null | 6.24% Cap Rate

2921-2953 Hempstead Tpke
Levittown, NY 11756


HIGHLIGHTS

  • Incredible visibility and access on Hempstead Tpke.
  • Resilient and synergistic tenant mix including 7 restaurants!
  • Extensive recent renovations for multiple restaurant users
  • All municipal parking with extensive parking field in rear
  • Shadow-anchored by Staples, PC Richard, Skechers, and Wren Kitchens

OVERVIEW

Prime Long Island multi-tenant retail property, on extremely busy retail and business corridor of Hempstead Tpke. in Levittown. The property is home to retail, food service, services, and entertainment tenants and is located in a combined development with shadow-anchors including Staples and PC Richard. Municipal parking lot, including huge rear parking field, maintained by town. Extensive bespoke improvements for recent tenants including IHop, Izumi, WingStop, and four additional restaurants.

FOR SALE DETAILS

PRICE

$22,500,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

6.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

Commercial

APN/PARCEL ID

2089-45-M-00-0024-0

ASK ABOUT THIS PROPERTY

Ryan RodgerUnited Properties Corp.More Info
516-223-6200

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Ryan RodgerUnited Properties Corp.More Info
516-223-6200

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