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1529 Hempstead Tpke 10,400 SF Retail Building Elmont, NY 11003 $4,999,000 ($480.67/SF)
EXECUTIVE SUMMARY
Located at 1529 Hempstead Turnpike, this exceptional commercial property offers a prime opportunity for investors and end-users alike. The property encompasses a total of 8,800 square feet, featuring two retail storefronts, each spanning 800 square feet and including a full basement, perfect for additional storage or expansion needs. Boasting 24 on-site parking spaces, the property ensures convenience for customers and employees. It is equipped with central air conditioning and gas baseboard heating, guaranteeing comfort year-round. The property is connected to the sewer system, and the 7,200 square foot main building is constructed on a solid slab foundation, providing durability and stability. A standout feature of this property is the steel beam support system, which offers flexibility in space configuration. Whether you wish to divide the area for multiple tenants or reconfigure it to suit your business requirements, the structural integrity supports various options. The location is highly advantageous, situated near significant transportation hubs. The newly developed UBS Arena and UBS LIRR Station enhance the property's appeal, providing easy access for commuters and increased foot traffic. This vibrant area is poised for growth, making it a strategic investment opportunity. Don't miss out on this versatile and well-located commercial property.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
10,400 SF
Building Class
B
Year Built
1984
Price
$4,999,000
Price Per SF
$480.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.58
Lot Size
0.41 AC
Frontage
8’ on Hempstead Tpke
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2089-32-494-00-0121-0 | Improvements Assessment | $1,287 |
| Land Assessment | $4,288 | Total Assessment | $5,575 |
PROPERTY TAXES
Parcel Number
2089-32-494-00-0121-0
Land Assessment
$4,288
Improvements Assessment
$1,287
Total Assessment
$5,575
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1529 Hempstead Tpke
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