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79 Hempstead Tpke 19,943 SF Specialty Building Offered at $2,595,000 at a 8.90% Cap Rate in West Hempstead, NY 11552
EXECUTIVE SUMMARY
Vacant property for sale on high-traffic Hempstead Turnpike. Features 9,000–10,000 SF of event space, on-site parking, a full commercial kitchen, an elevator, and an elegant ballroom. Surrounded by national tenants like Wendy’s, Verizon, and 7-Eleven. Ideal for event operators or repositioning to medical, retail, or office use. High visibility + strong income potential.
PROPERTY FACTS
| Price | $2,595,000 | Building Class | B |
| Price Per SF | $130.12 | Lot Size | 0.37 AC |
| Sale Type | Investment or Owner User | Building Size | 19,943 SF |
| Cap Rate | 8.90% | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1983 |
| Property Subtype | Lodge/Meeting Hall | Parking Ratio | 1.25/1,000 SF |
| Zoning | commercial - commercial | ||
| Price | $2,595,000 |
| Price Per SF | $130.12 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.90% |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | B |
| Lot Size | 0.37 AC |
| Building Size | 19,943 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | commercial - commercial |
AMENITIES
- Bus Line
- Commuter Rail
- Energy Performance Rating - A
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Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 2089-35-365-00-0004-0 | Improvements Assessment | $5,718 |
| Land Assessment | $5,080 | Total Assessment | $10,798 |
PROPERTY TAXES
Parcel Number
2089-35-365-00-0004-0
Land Assessment
$5,080
Improvements Assessment
$5,718
Total Assessment
$10,798
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79 Hempstead Tpke
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