352 Hempstead Avenue West Hempstead, NY 11552

Mixed Use MLS #: 913604 Courtesy Of Keller Williams Landmark II

Property InformationDescription

Exceptional investment opportunity in the Heart of West Hempstead! Features a 4-Unit 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.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Building Units: 4
  • Exterior Type: Brick
  • Heating System: Steam
  • MLSID: 913604
  • Rooms: Basement

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352 Hempstead Avenue, West Hempstead, NY 11552
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