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220-226 E Meadow Ave 7,000 SF 100% Leased Office Building East Meadow, NY 11554 $1,982,223 CAD ($283.17 CAD/SF)
Investment Highlights
- Rarely available, fully occupied mixed-use building featuring 3 street-level storefronts and 5 professional second-floor offices.
- Serving a dense, high-income suburban population
- Diverse Revenue: Multiple revenue streams from a mix of retail and professional tenants reduce vacancy risk.
Executive Summary
Prime Mixed-Use Investment in East Meadow | 100% Occupied | 8 Units Income
Stability: Rarely available, fully occupied mixed-use building featuring 3 street-level storefronts and 5 professional second-floor offices.
Prime Visibility: Situated in a bustling commercial corridor of East Meadow with high-visibility street frontage, ideal for long-term retail success.
Diverse Revenue: Multiple revenue streams from a mix of retail and professional tenants reduce vacancy risk.
Strategic Location: Excellent access to major Nassau County thoroughfares like Hempstead Turnpike and Merrick Avenue, serving a dense, high-income suburban population. Turn-Key Asset: Fully leased with established tenants, offering immediate cash flow for the savvy investor.
Stability: Rarely available, fully occupied mixed-use building featuring 3 street-level storefronts and 5 professional second-floor offices.
Prime Visibility: Situated in a bustling commercial corridor of East Meadow with high-visibility street frontage, ideal for long-term retail success.
Diverse Revenue: Multiple revenue streams from a mix of retail and professional tenants reduce vacancy risk.
Strategic Location: Excellent access to major Nassau County thoroughfares like Hempstead Turnpike and Merrick Avenue, serving a dense, high-income suburban population. Turn-Key Asset: Fully leased with established tenants, offering immediate cash flow for the savvy investor.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$229,664
|
$32.81
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$229,664
|
$32.81
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$98,428
|
$14.06
|
| Net Operating Income |
$131,237
|
$18.75
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $229,664 |
| Annual Per SF | $32.81 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $229,664 |
| Annual Per SF | $32.81 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $98,428 |
| Annual Per SF | $14.06 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $131,237 |
| Annual Per SF | $18.75 |
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
7,000 SF
Building Class
C
Year Built
1957
Price
$1,982,223 CAD
Price Per SF
$283.17 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,500 SF
Building FAR
1.34
Lot Size
0.12 AC
Zoning
Bus + B - Town of Hempstead
Amenities
- Central Heating
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Finance and Insurance
- -
- -
- -
Allstate began in 1931 when Sears Roebuck created it to sell auto insurance by mail. The company became fully independent in 1995 after Sears divested its shares. Allstate offers multiple insurance products across personal and commercial lines. The company provides homeowners, auto, renters, and life insurance through various distribution channels. Allstate maintains a significant market presence in the United States insurance industry.
- Helping Paws
- Services
- -
- -
- -
- Sofia's Empanadas
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Finance and Insurance | - | - | - | ||
| Helping Paws | Services | - | - | - | ||
| Sofia's Empanadas | - | - | - | - |
1 1
Walk Score®
Very Walkable (82)
Property Taxes
| Parcel Number | 2089-50-249-00-0262-0 | Improvements Assessment | $9,549 CAD (2025) |
| Land Assessment | $1,675 CAD (2025) | Total Assessment | $11,223 CAD (2025) |
Property Taxes
Parcel Number
2089-50-249-00-0262-0
Land Assessment
$1,675 CAD (2025)
Improvements Assessment
$9,549 CAD (2025)
Total Assessment
$11,223 CAD (2025)
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220-226 E Meadow Ave
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