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220-22 Hempstead Ave
Queens Village, NY 11429
Retail Property For Sale
Investment Highlights
- Located within an active neighborhood commercial corridor serving the surrounding Queens Village community.
- Commercial space is currently occupied by a barbershop, providing an established business presence.
- Convenient access to the Queens Village LIRR station, local bus routes, the Belt Parkway, and the Cross Island Parkway.
Executive Summary
Business owners, stop paying rent. Own your business and your building. This 2,356 SF mixed-use property in Queens Village puts a ground-floor commercial storefront — currently operating as a barbershop — directly beneath two free-market apartments, giving an owner- occupant the rare combination of built-in income and business space under one roof. Both residential tenants pay their own heat and hot water, keeping your operating costs lean from day one. The property occupies 19 feet of frontage on Hempstead Avenue with immediate access to the LIRR at Queens Village station, multiple bus lines, and the Belt and Cross Island Parkways — a location that keeps both residential and commercial space consistently in demand. The neighboring property at 220-24 is also available, offering the opportunity to control two storefronts side by side on the same block.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,356 SF
Building Class
C
Year Built
1925
Price
$975,000
Price Per SF
$413.84
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.73
Lot Size
0.03 AC
Zoning
R3-2 - Low density residential district
Frontage
19’ on Hempstead Ave
Property Taxes
| Parcel Number | 11155-0134 | Improvements Assessment | $23,539 |
| Land Assessment | $4,765 | Total Assessment | $28,304 |
Property Taxes
Parcel Number
11155-0134
Land Assessment
$4,765
Improvements Assessment
$23,539
Total Assessment
$28,304
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