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349-353 Hempstead Ave 3 Properties Offered at $2,442,860 CAD in West Hempstead, NY
INVESTMENT HIGHLIGHTS
- Prime opportunity in highly visible and desirable corner location for owner use or developer.
- In Thriving Business District, Just Short Walk to LIRR, Houses of Worship and Several Schools.
- Sale includes lot with Legal 3-Family Home, 2 Retail Shops, 1 Warehouse/Garage, and Parking Lot.
EXECUTIVE SUMMARY
Prime Development Opportunity available on this 16,814 SF Mixed-use commercial property on the corner of Hempstead Avenue and Spruce Street in West Hempstead’s busy business district. This location is in walking distance to public transportation and the LIRR, and close to several houses of worship and schools. The property consists of a legal 3-family residential building in need of renovation, two separate commercial buildings with retail storefronts and full basements, a warehouse/garage with full attic, and a parking lot. There are several month-to-month tenants who separately occupy one storefront (barber), the warehouse and parking lot (landscaper), and one residential unit. The property is heated by natural gas. The annual taxes are $58,781. This is a one-of-a-kind opportunity for an investor, owner user or developer.
PROPERTY FACTS
| Price | $2,442,860 CAD | Number of Properties | 3 |
| Price / SF | $314.32 CAD / SF | Individually For Sale | 0 |
| Sale Conditions | Total Building Size | 7,772 SF | |
| Sale Type | Investment | Total Land Area | 0.78 AC |
| Status | Active |
| Price | $2,442,860 CAD |
| Price / SF | $314.32 CAD / SF |
| Sale Conditions | |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 7,772 SF |
| Total Land Area | 0.78 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Multi-family/2-Retail stores/Garage/Land
349 Hempstead Ave, West Hempstead, NY 11552 |
Multifamily | 5,408 SF | 1938 | - |
| 353 Hempstead Ave, West Hempstead, NY 11552 | Retail | 1,265 SF | 1938 | - |
| 351 Hempstead Ave, West Hempstead, NY 11552 | Retail | 1,099 SF | 1938 | - |
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349-353 Hempstead Ave
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