516-867-3508 2065 Grand Ave, Baldwin, NY 11510
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158 Main Street Hempstead, NY 11550
$5,580,000
  • Commercial
  • Mixed Use
  • ML# 3521619

Property Details

Overview

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.

Key Facts

  • Lot Size: 0.42
  • Lot Sq Ft: 18150
  • Taxes: $172,000
  • Business Type: Other
  • Sale or Rent: Sale
  • Zoning: Bus B

Additional Features

  • Building Size: 22753
  • Stories: 2

Financial

  • Taxes: $172,000
Listing Information provided courtesy of B Square Realty Inc  646-889-9988
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