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218-56 Hempstead Ave 2,560 sq ft 100% Let Retail Property Jamaica, NY 11429 £814,385 (£318.12/sq ft)

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INVESTMENT HIGHLIGHTS

  • High traffic area perfect for a business
  • Significant upside potential

EXECUTIVE SUMMARY

Prime Mixed-Use Building Opportunity This mixed-use building offers an ideal investment or end-user opportunity in a high-traffic, highly desirable area. Featuring one vacant retail store and two spacious 2-bedroom apartments with month-to-month tenants, this property provides immediate rental income with significant upside potential. The retail space is perfectly positioned for a business owner or to attract a tenant, benefiting from heavy pedestrian and vehicular traffic and neighboring major franchise retailers. The apartments offer bright and functional layouts, appealing to a wide range of renters. Whether you're looking to expand your portfolio or secure a prime location for your business, this property delivers flexibility, income potential, and long-term value in a thriving area. Don’t miss out on this fantastic opportunity!

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Size
2,560 sq ft
Costar Property Class
C
Year Built
1935
Price
£814,385
Price per sq ft
£318.12
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.96
Total Plot Size
0.03 ac
Use Class
R3-2 - Low density residential district
Parking
2 Spaces (0.89 Spaces per 1,000 sq ft Leased)
Frontage
16 ft on Hempstead Ave

AMENITIES

  • Bus Route
Walk Score®
Excellent pedestrian access (91)
Transit Score®
Excellent Public Transport (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

NEARBY MAJOR RETAILERS

CTown
Golden Krust Caribbean Bakery
Chase Bank
Wells Fargo Home Mortgage
Citibank
Capital One
Pret A Manger
Key Food
Td Bank
Retro Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11110-0004
Land Assessment
£4,671
Improvements Assessment
£17,141
Total Assessment
£21,812
  • Listing ID: 34922615

  • Date on Market: 24/02/2025

  • Last Updated:

  • Address: 218-56 Hempstead Ave, Jamaica, NY 11429

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