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221-223 Hempstead Tpke 10,400 SF 100% Leased Retail Building West Hempstead, NY 11552 $2,662,023 CAD ($255.96 CAD/SF)



Investment Highlights
- 10,400 SF Mixed Use Building featuring Retail, Office, and Multi Family
- Ideal opportunity for an Owner-User to occupy the second floor space and benefit from multiple sources of income
- Attached to Municipal Parking for 70 Vehicles
- 2 Blocks Away from the $210M Redevelopment bringing 481,000 SF featuring 425+ New Apartments
Executive Summary
North Village Realty has been exclusively retained for the sale of 221-223 Hempstead Tpke. This is an excellent opportunity for an owner-user to capitalize on the vacant 5,000+ SF of second floor space with municipal parking for almost 70 vehicles directly attached. The property is located only two blocks away from the massive redevelopment currently being constructed by Heatherwood Luxury Rentals of 481,000 SF featuring 425+ apartments. For more information or to schedule a private showing, contact the exclusive broker Tom Bigansky at 516-343-6964.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,400 SF
Building Class
C
Year Built
1932
Price
$2,662,023 CAD
Price Per SF
$255.96 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.30
Lot Size
0.18 AC
Zoning
Business X - Business District
Frontage
79’ on Hempstead Turnpike
Walk Score®
Very Walkable (84)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $14,294 CAD | |
| Land Assessment | $3,449 CAD | Total Assessment | $17,744 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$3,449 CAD
Improvements Assessment
$14,294 CAD
Total Assessment
$17,744 CAD
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221-223 Hempstead Tpke
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