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Hempstead NY, 11550 $5,580,000

Mixed Use Commercial  

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Details ML#: 3521619  

  • Business Type: Other
  • Sale or Rent:Sale
  • Taxes: $172,000
  • Status:Active

Description

This prime retail investment property is at 158 Main Street, Hempstead, NY. Located in the heart of Hempstead, it boasts an impressive annual net operating income of $305, 464 This 22, 753 square-foot retail strip offers eleven stores, with only one store vacant, ensuring consistent rental income. What sets this property apart is its minimal management requirements, making it an excellent choice for both seasoned and novice investors. Situated in a high-traffic location next to a large parking lot and the Hempstead LIRR station, this investment promises visibility and convenience, making it a lucrative opportunity in the bustling NYC retail market. Don’t miss your chance to secure your financial future with this straightforward and low-maintenance retail asset.

More Property Details

Property Features

Building Size: 22753   Lot Size: 0.42   Lot Sq Ft: 18150   Stories: 2  

Financial

Taxes: $172,000  

Local Area Information

Zoning: Bus B  

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