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220-226 E Meadow Ave 7,000 SF 100% Leased Office Building East Meadow, NY 11554 $1,987,094 CAD ($283.87 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 |
$230,229
|
$32.89
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$230,229
|
$32.89
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$98,670
|
$14.10
|
| Net Operating Income |
$131,559
|
$18.79
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $230,229 |
| Annual Per SF | $32.89 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $230,229 |
| Annual Per SF | $32.89 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $98,670 |
| Annual Per SF | $14.10 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $131,559 |
| Annual Per SF | $18.79 |
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
$1,987,094 CAD
Price Per SF
$283.87 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
- -
- -
- -
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- 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
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2089-50-249-00-0262-0 | Improvements Assessment | $9,622 CAD (2025) |
| Land Assessment | $1,687 CAD (2025) | Total Assessment | $11,309 CAD (2025) |
Property Taxes
Parcel Number
2089-50-249-00-0262-0
Land Assessment
$1,687 CAD (2025)
Improvements Assessment
$9,622 CAD (2025)
Total Assessment
$11,309 CAD (2025)
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220-226 E Meadow Ave
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