For Sale
$1,150,000

701 Nostrand Ave Uniondale, NY 11553

High-Visibility, Income-Generating Investment Opportunity

Overview

Added:
Feb 3
Days on market:
79
This exceptional mixed-use property at 701 Nostrand Avenue in Uniondale, NY, presents a unique investment opportunity. Situated on a 0.43-acre lot, this highly visible corner location boasts over 20,000 vehicles passing daily, ensuring significant exposure for any business. The property features approximately 1300 square feet of commercial space with 56 feet of frontage on Jerusalem Avenue. Currently, the property includes a separate, income-generating single-family residence, ideal for owner-operator occupancy or workforce housing. Its history as a farm stand and retail establishment speaks to its adaptability and proven commercial viability. The property's zoning, Residence District (B), allows for its current uses and permits accessory uses such as professional office space or senior residences, offering considerable flexibility for future development. This prime location offers easy access to major attractions and entertainment venues, further enhancing its appeal. The combination of high visibility, existing income stream, and flexible zoning makes this a truly one-of-a-kind property with significant potential for growth and return on investment. Priced at $1,150,000, this property represents a compelling opportunity for discerning investors seeking a versatile and profitable asset in a desirable location.

Property Details for 701 Nostrand Ave

Property type
Mixed-use properties
Year Built
1935
Lot Size (sq. ft)
18,731 SF

Location Insight

City
Uniondale
County
Nassau County
State
New York
Latitude
40.69519
Longitude
-73.58612

FAQs

What type of property is this?
Mixed-use property - High-Visibility, Income-Generating Investment Opportunity
Where is the mixed-use property located?
The property is located at 701 Nostrand Ave Uniondale, NY.
What is the asking price?
The asking price for this property is $1,150,000.
How can I contact the broker?
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701 Nostrand Ave
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