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220-226 E Meadow Ave 7,000 SF 100% Leased Office Building East Meadow, NY 11554 $2,006,060 CAD ($286.58 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
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 |
$232,426
|
$33.20
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$232,426
|
$33.20
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,611
|
$14.23
|
| Net Operating Income |
$132,815
|
$18.97
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $232,426 |
| Annual Per SF | $33.20 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $232,426 |
| Annual Per SF | $33.20 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,611 |
| Annual Per SF | $14.23 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $132,815 |
| Annual Per SF | $18.97 |
Property Facts Under Contract
Amenities
- Central Heating
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Finance and Insurance
- -
- -
- -
Allstate is a publicly held insurance company founded in 1931 as part of Sears, Roebuck and Co., and it later became an independent business. The company began with auto insurance and has since expanded into a broad protection platform that includes auto, home, renters, motorcycle, boat, landlord, condo, life, business, retirement and investment, roadside assistance, identity protection, and phone protection products. Allstate's current strategy centers on growing property-liability market share while broadening protection offerings, and the company operates reportable segments that include Allstate Protection, Run-off Property-Liability, Protection Services, and Corporate. The business also maintains insurance operations in Canada, giving the brand a presence beyond its core United States market.
- Helping Paws
- Services
- -
- -
- -
- Sofia's Empanadas
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Finance and Insurance | - | - | - | ||
| Helping Paws | Services | - | - | - | ||
| Sofia's Empanadas | - | - | - | - |
Property Taxes
| Parcel Number | 2089-50-249-00-0262-0 | Improvements Assessment | $9,732 CAD |
| Land Assessment | $1,707 CAD | Total Assessment | $11,439 CAD |
Property Taxes
Presented by
220-226 E Meadow Ave
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