352 Hempstead AVE, West Hempstead, NY 11552
352 Hempstead AVE, West Hempstead, NY 11552
352 Hempstead AVE, West Hempstead, NY 11552
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$1,339,000
Est. payment /mo
2,178 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 913604

Rental Info No

Year Built 1925

Annual Tax Amount $26,986

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Mixed Use

Source onekey2

Property Description

Exceptional investment opportunity in the Heart of West Hempstead! Features a Mixed-Use Corner Building with a detached 2 Car Garage. The property features 20+ feet of frontage on high-traffic Hempstead Avenue, excellent signage and exposure. Equipped with 3-phase industrial electrical service (300 amps). 1st Floor Offers Store-Tattoo parlor with full basement $3,000 month ($36,000/year – can be delivered vacant) and Studio apartment $1,500 month ($18,000/year), 2nd Floor Units Offer a 2-bedroom apartment $2,400 month ($28,800/year), a 1-bedroom apartment $2,300 month ($27,600/year), and detached 2 car garage rental $500 month ($6,000/year). Zoned for flexibility, it's perfect for investors, developers, or end-users seeking a value-add opportunity or future redevelopment site. Gross annual rental income $116,400 and annual expenses $31,036.25. Located just blocks from the West Hempstead and Hempstead Gardens LIRR stations and surrounded by national retailers. This property offers unmatched visibility, steady cash flow, and tremendous upside. Don't miss the chance to own a high-yield asset in one of Nassau County's most desirable corridors.

Location

State NY

County Nassau County

Rooms

Basement Full

Interior

Heating Steam

Cooling None

Fireplace No

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None


Read Less Info
OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Keller Williams Landmark II • Afshin Termechi

NEARBY SCHOOLS & PROPERTIES

Arif Baksh

The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

+1(914) 494-1549

baksharif@gmail.com

399 Knollwood Rd, White Plains, NY 10603, USA

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352 Hempstead AVE