Address
158 Main Street, Hempstead, NY
Price
$ 5,580,000
Property Attributes
  • MLS#3521619
  • TypeCommercial
  • CountyNASSAU
  • CityHempstead
  • Zip11550
  • Style
  • Taxes$ 172000
  • Price$ 5,580,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18150
  • Lot Size0.42 Acres
Data Source:
OneKey® MLS
Property Description

This prime retail investment property is at 158 Main Street, Hempstead, NY. Located in the heart of Hempstead, it boasts an impressive annual net operating income of $305,464 This 22,753 square-foot retail strip offers eleven stores, with only one store vacant, ensuring consistent rental income. What sets this property apart is its minimal management requirements, making it an excellent choice for both seasoned and novice investors. Situated in a high-traffic location next to a large parking lot and the Hempstead LIRR station, this investment promises visibility and convenience, making it a lucrative opportunity in the bustling NYC retail market. Don't miss your chance to secure your financial future with this straightforward and low-maintenance retail asset.

Price History
12/18/2023 Listed $5,580,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 11550

Price
AVG $2.99M
$5.58M
Taxes
AVG $105,577
$172,000
Visits
AVG 209
114
Data Provided by Inside Real Estate®

Areas We Cover

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