Log In/Sign Up
Your email has been sent.
443 Hempstead Tpke - Vacant Land 0.42 Acres of Commercial Land Offered at $3,500,000 in Elmont, NY 11003
Investment Highlights
- Approved for a Two-Story Mixed-Use Development - featuring 8 Residential Units and 5 Retail Spaces
- Approved for Approx. 12 Parking Spaces
- Approval for 88 Machine Laundromat - Major Value Driver
- Situated in an Established Market with Robust Rental Demand and Mixed-Use Vitality
Executive Summary
A Compelling Opportunity for Investors, Developers, and End-Users Seeking a Location with Strong Demographics, Rental Demand, and Long-Term Growth. This is a rare chance to secure both a profitable operating business and a valuable mixed-use real estate investment!
Property Facts
| Price | $3,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.42 AC |
| Zoning | Commercial | ||
| Price | $3,500,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.42 AC |
| Zoning | Commercial |
1 Lot Available
Lot
| Price | $3,500,000 | Lot Size | 0.42 AC |
| Price Per AC | $8,241,072.56 |
| Price | $3,500,000 |
| Price Per AC | $8,241,072.56 |
| Lot Size | 0.42 AC |
Located Close to the Cross Island Parkway, Southern State Parkway, and Long Island Expressway. Located Less than 0.75 Miles from UBS Arena, Belmont Park, and Belmont Village Shopping Center. Located on Hempstead Turnpike with High Traffic Counts &
Description
Prime Approved Mixed-Used Development Site on Hempstead Turnpike in Elmont For Sale. Town approved for a two story building with 8 apartments, 5 retail stores and a mid-size laundromat with 12 parking spaces. This site at the center of Elmont town surrounded by strong demographics, greatly rental demand and consistent area growth offers tremendous mixed-uses development.
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 2089-32-440-00-0283-0 | Improvements Assessment | $1,143 |
| Land Assessment | $3,890 | Total Assessment | $5,033 |
Property Taxes
Parcel Number
2089-32-440-00-0283-0
Land Assessment
$3,890
Improvements Assessment
$1,143
Total Assessment
$5,033
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
443 Hempstead Tpke - Vacant Land