560 Peninsula Blvd
Cedarhurst, NY 11516
Block-Front Commercial Redevelopment Site · Land For Sale · 0.75 AC

Cushman & Wakefield has been retained on an exclusive basis for the sale of 560-570 Peninsula Boulevard in Cedarhurst, Long Island. 560-570 Peninsula Boulevard is an assemblage of six adjacent tax lots equating to approximately 32,692 lot square footage. The property is currently improved by two commercial buildings of approximately 6,184 combined square footage. The existing buildings will be delivered vacant. The property lies in Business X & Residence B zonings within the Town of Hempstead. This zoning allows for a building area of 70 % of the lot square footage and up to two stories, or 30 feet. This equates to approximately 22,884 square feet, and also has parking requirement for one space per every 200 square feet of building. All plans and zoning will need to be verified independently with the Town of Hempstead. This assemblage provides a great opportunity for an investor or developer to take advantage of a development site in a prime location ideal for a retail strip or shopping center. 560-570 Peninsula Boulevard is in a prime location with a high average daily traffic count of over 28,000 cars. It is located across the street from HALB Elementary school and just a few blocks east of Lawrence High School. Peninsula Boulevard conveniently features the Q111 MTA bus providing easy access to Queens / NYC and to JFK International Airport, located five miles away. Conceptual plans and surveys are available upon request. Property inspections are by appointment only, please inquire within.