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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

Property Facts

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
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
Walk Score ®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2013-34-340-00-0008-0
Land Assessment
£5,815
Improvements Assessment
£19,241
Total Assessment
£25,056
  • Listing ID: 34149278

  • Date on Market: 09/09/2024

  • Last Updated:

  • Address: 24-26 Main St, Hempstead, NY 11550

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