24-26 Main St
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24-26 Main St
25,806 SF Office Building Hempstead, NY 11550 £2,737,793 (£106/SF) 7.52% Net Initial Yield
Investment Highlights
- For Sale: Retail & Office Building in Hempstead, NY
- Restaurant Tenant has a Lease Expiring in 2027 with 3% Increases in Rent
- High Ceilings
- Nassau County Tenant is Month-to-Month
- Property has a Basement (Nassau County Occupied)
- Located Near Front St, Peninsula Blvd, Fulton Ave, and Several Other Major Roadways
Executive Summary
At this location is a retail and office building that has multiple tenants. The building has a basement and high ceilings throughout. This property is also located near Front St, Peninsula Blvd, Fulton Ave, and several other major roadways.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Building Size
25,806 SF
Building Class
C
Year Built
1948
Price
£2,737,793
Price Per SF
£106
Net Initial Yield
7.52%
NOI
£205,748
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
12,903 SF
Building FAR
1.21
Lot Size
0.49 AC
Opportunity Zone
Yes
Zoning
Commercial
Amenities
- Restaurant
- High Ceilings
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Walk Score ®
Walker's Paradise (91)
PROPERTY TAXES
Parcel Number | 2013-34-340-00-0008-0 | Improvements Assessment | £19,241 |
Land Assessment | £5,815 | Total Assessment | £25,056 |
PROPERTY TAXES
Parcel Number
2013-34-340-00-0008-0
Land Assessment
£5,815
Improvements Assessment
£19,241
Total Assessment
£25,056
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24-26 Main St
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