For Sale
$2,495,000

221 Hempstead TpkeWest Hempstead, NY 11552

10,400 SF Mixed-Use Property, West Hempstead

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional mixed-use property in West Hempstead, NY, offers 10,400 square feet of versatile space, ideally situated on Hempstead Turnpike. The property consists of two buildings, each two stories high, and includes four established retail units and two residential apartments. A significant 5,000+ square feet of office space presents a unique opportunity for conversion into an additional five residential apartments, potentially increasing the total unit count to seven. This presents a compelling investment opportunity for both investors and end-users, allowing for owner-occupancy while generating rental income from the seven units. The property benefits from convenient access to a municipal parking lot with over 60 spaces, ensuring ample parking for residents and customers. Its prime location, near a planned residential development adding approximately 450 new apartments, promises future growth and increased demand. The asking price is $2,495,000. This is a rare chance to acquire a substantial mixed-use property in a thriving Nassau County community. The property's address is 221-223 Hempstead Turnpike, West Hempstead, NY 11552.

Highlights

  • 10,400 SF mixed-use property in West Hempstead, NY on Hempstead Turnpike.
  • Two two-story buildings with four retail units and two residential apartments.
  • 5,000+ SF of office space convertible to five additional residential units.
  • Convenient access to municipal parking lot with 60+ spaces.
  • Prime location near a planned 450-unit residential development.
  • Asking price: $2,495,000.

Property Details for 221 Hempstead Tpke

Property type
Retail properties, Office properties
Square Feet
10,400 SF
Buildings
2
Stories
2

Location Insight

City
West Hempstead
County
Nassau
State
New York
Latitude
40.705086328686
Longitude
-73.646935409682
221 Hempstead Tpke, West Hempstead, New York

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221 Hempstead Tpke
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