
221-223 Hempstead Tpke
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221-223 Hempstead Tpke
10,400 SF 52% Leased Retail Building West Hempstead, NY 11552 £1,504,054 (£144.62/SF)



INVESTMENT HIGHLIGHTS
- 10,400 SF Mixed Use Building featuring Retail, Office, and Multi Family
- Ideal opportunity for an Owner-User to occupy the second floor space and benefit from multiple sources of income
- Attached to Municipal Parking for 70 Vehicles
- 2 Blocks Away from the $210M Redevelopment bringing 481,000 SF featuring 425+ New Apartments
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,400 SF
Building Class
C
Year Built
1932
Price
£1,504,054
Price Per SF
£144.62
Percent Leased
52%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.30
Lot Size
0.18 AC
Zoning
Business X
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS










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