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218-74 Hempstead Ave
Jamaica, NY 11429
High-Traffic Corner Mixed-Use Building · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,600 SF
Building Class
C
Year Built
2013
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.19
Lot Size
0.05 AC
Zoning
R3-2 / C1-2
Frontage
25’ on Hempstead Ave

About 218-74 HEMPSTEAD AVE , JAMAICA, NY 11429

218-74 Hempstead Avenue is a traffic-light corner mixed-use building consisting of two ground floor retail units, one apartment, and lower-level storage. Currently the front retail unit is vacant, and the rear unit is leased to a pharmacy. The second floor consists of one three-bedroom apartment occupied on a month-month basis, with entry on Springfield Boulevard. Additionally, the lower-level storage spaces offers approximately 1,200 square feet of rentable space. The building has been recently fully renovated in 2011 with a new roof, plumbing and electrical. The property enjoys approximately 108 feet of linear frontage on Springfield Boulevard / Hempstead Avenue. This location also sees a tremendous amount of average daily traffic of over 30,500 cars passing daily on Hempstead Avenue and over 13,000 on Springfield Boulevard. 218-74 Hempstead Avenue is located in proximity to multiple major roadways including the Cross Island Parkway, Clearview Expressway, Grand Central Parkway, as well as Jamaica and Hillside Avenues . The Queens Village LIRR stations is less than a half mile north of the property, and the Q2, Q27, Q83, and Q110 bus lines area available outside the building. Property inspections are by appointment only, please inquire within.

Property Taxes

Property Taxes

Parcel Number
11153-0025
Land Assessment
$7,485
Improvements Assessment
$30,064
Total Assessment
$37,549
  • Listing ID: 12696762

  • Date on Market: 5/29/2018

  • Last Updated:

  • Address: 218-74 Hempstead Ave, Jamaica, NY 11429

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