159-163 Hempstead Tpke
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159-163 Hempstead Tpke
6,960 SF 100% Leased Retail Building West Hempstead, NY 11552 £1,774,013 (£254.89/SF)
INVESTMENT HIGHLIGHTS
- Soaring ceilings and dual double-door access for easy deliveries and logistics
- Ample parking area for clients, staff, and deliveries
- 80 feet of storefront exposure for high visibility in this prominent location
- Flexible space for a variety of commercial uses
EXECUTIVE SUMMARY
This nearly 7,000 sq. ft. building on a 12,000 sq. ft. lot offers an exceptional opportunity for retail, office, medical, or mixed-use space. Located on bustling Hempstead Turnpike, it features 80 feet of storefront exposure, an open floor plan, and high ceilings, making it suitable for a wide range of businesses. The spacious parking lot and dual double-door access help streamline logistics and operations.
The property’s prime location ensures high visibility and foot traffic, just minutes from major hubs like Garden City, Franklin Square, and Rockville Centre. Its close proximity to a new 400+ unit luxury apartment development enhances the potential for this exceptional commercial property. There is also a municipal parking lot 1 block away within walking distance and a bus stop on corner.
The property’s prime location ensures high visibility and foot traffic, just minutes from major hubs like Garden City, Franklin Square, and Rockville Centre. Its close proximity to a new 400+ unit luxury apartment development enhances the potential for this exceptional commercial property. There is also a municipal parking lot 1 block away within walking distance and a bus stop on corner.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,960 SF
Year Built
1969
Price
£1,774,013
Price Per SF
£254.89
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.58
Lot Size
0.28 AC
Zoning
Multi-Use Commercial - Multi-Use Commercial
Parking
10 Spaces (1.44 Spaces per 1,000 SF Leased)
Frontage
120 ft on Hempstead Tpke
AMENITIES
- Bus Route
- Commuter Rail
- Fenced Lot
- Security System
- Signage
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2089-35-355-00-0010-0 | Total Assessment | £987 |
| Land Assessment | £972 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £15 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
2089-35-355-00-0010-0
Land Assessment
£972
Improvements Assessment
£15
Total Assessment
£987
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
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Artisan Custom Interiors
159-163 Hempstead Tpke
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