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220-24 Hempstead Ave
Queens Village, NY 11429
Retail Property For Sale
Executive Summary
Two free-market apartments over a fully renovated, newly built-out commercial storefront in Queens Village. The office buildout is move-in ready, eliminating near-term capital requirements and reducing vacancy risk for a new owner. Tenants pay heat and hot water — removing a significant expense line from the budget.
Both residential units are free market. The commercial space is positioned for professional, medical, or service tenants. Hempstead Avenue's high vehicular traffic and highway access make this a durable income asset in a corridor that doesn't overbuild.
220-22 Hempstead is available simultaneously for investors looking to acquire both storefronts and expand their footprint on the block.
Both residential units are free market. The commercial space is positioned for professional, medical, or service tenants. Hempstead Avenue's high vehicular traffic and highway access make this a durable income asset in a corridor that doesn't overbuild.
220-22 Hempstead is available simultaneously for investors looking to acquire both storefronts and expand their footprint on the block.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,356 SF
Building Class
C
Year Built
1925
Price
$1,459,782 CAD
Price Per SF
$619.60 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.73
Lot Size
0.03 AC
Zoning
R3-2 - C1-2 Commercial Overlay
Property Taxes
| Parcel Number | 11155-0034 | Improvements Assessment | $32,726 CAD |
| Land Assessment | $6,625 CAD | Total Assessment | $39,350 CAD |
Property Taxes
Parcel Number
11155-0034
Land Assessment
$6,625 CAD
Improvements Assessment
$32,726 CAD
Total Assessment
$39,350 CAD
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