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Faits saillants de l'investissement

  • Corner positioning provides exceptional visibility and signage exposure.
  • Transit-oriented asset supported by Long Island Rail Road commuters.
  • Downtown Hempstead continues to see public and private investment, supporting future tenant demand.
  • Strong daytime population generated by government offices, courts, transit users, healthcare workers, and surrounding businesses.
  • Opportunity to increase value through active management and lease renewals.

Résumé de l'annonce

Prime corner mixed-use retail and office asset located at the signalized intersection of Fulton Avenue and North Franklin Street in the heart of Downtown Hempstead.
Strong Recent Leasing Momentum
Ownership has demonstrated its ability to successfully lease vacant space. Within the past several weeks:
• Zoni Language Center, one of the property's largest tenants, executed a new 2-year lease extension.
• RIA Money Transfer extended its lease through December 2027.
• The former vacant 224 SF was leased to an Orthopedic Office at $900 per month on a new lease.
Capital Investment by Tenant Health first
One of the property's anchor tenants, Health first, invested over $1.1 million into its space, including the installation of new electrical panels, a new boiler system, and
extensive interior improvements to their space. This significant capital commitment demonstrates the tenant's long-term investment in the property and substantially
reduces future capital expenditure concerns for a new owner.
Major Building Systems Already Updated
The property's roof was completely replaced in 2017, providing investors with condence that one of the building's most signicant capital items has already been
addressed. Combined with the recent electrical and mechanical upgrades, the asset oers a strong physical plant with limited near-term deferred maintenance.
Approximately 19,926 SF consisting of street-level retail and second-floor office suites.
Direct access to municipal parking immediately behind the property.
Elevator-served building with strong visibility from multiple directions.
One of the most recognizable commercial corners in Hempstead.
Direct access to municipal parking immediately behind the property.

Faits sur la propriété

Type de vente
Investissement
Conditions de vente
1031 Échange
Type de propriété
Bureau
Sous-type de propriété
Médical
Taille du bâtiment
36 000 pi²
Classe d’immeuble
C
Année de construction
1938
Prix
6 155 625 $ CAD
Prix par pi²
170,99 $ CAD
Taux de capitalisation
8,74%
Revenu net d’exploitation
538 223 $ CAD
Pourcentage loué
98%
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
12 250 pi²
Coefficient d’occupation des sols de l’immeuble
2,85
Taille du lot
0,29 AC
Zone de développement économique
Oui
Zonage
C4

Principaux locataires

  • Locataire
  • Secteur
  • pi² Occupé
  • Loyer/pi²
  • Type de bail
  • Fin du bail
  • All Over Properties
  • -
  • -
  • -
  • -
  • -
  • Blue Diamond Logistics
  • -
  • -
  • -
  • -
  • -
  • Brows By Nancy LLC
  • -
  • -
  • -
  • -
  • -
  • Soins de santé et assistance sociale
  • -
  • -
  • -
  • -

Back in 1994, Miriam Sternberg was a hospital nurse with a growing family. An immigrant from Moscow, she recognized a void that existed for many of her aging friends and neighbors and gathered a team of friends to provide home care services for them. That is how Caring Professionals began. Thr expertise and understanding of the Eastern European populations fueled their initial growth. Word of mouth spread in the Russian-speaking and Slavic communities that Caring Professionals took very good care of its patients and families recommended their services. Soon members of other communities, especially those from the Asian republics formerly within the Soviet Union, learned that they had aides who spoke their language and understood their culture. Caring Professionals became an active presence in these communities, participating in community events and providing health information and screenings at neighborhood sites.

  • Détaillant
  • -
  • -
  • Brut modifié
  • Janv. 2019

GEM Pawnbrokers was established in 1947 by the late Martin Kaminsky and has steadily grown into the largest pawnbroker in the New York City area with twenty-four branches. The high volume of loans that GEM writes makes it one of the largest privately held chains in the nation, as well as one of the largest in the world. Gem Financial Services, Inc. was established in 1975, by Martin’s son Mitchell, as a spin-off of the successful pawn business. Today, GEM is an industry leader in financial solutions for the pawn industry, offering a variety of financing programs to match any pawnbroker’s business model.

  • Finance et assurances
  • -
  • -
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Healthfirst began in 1993, when leading hospital systems in downstate New York formed a not-for-profit health insurance organization centered on value-based care and community needs. The company provides Medicare Advantage, Medicaid, Long-Term Care, and individual and family health plans, along with related member services and care navigation. Healthfirst’s business is built around collaboration with hospitals, health systems, and physicians, and its current offerings include no- and low-cost plans for members across New York. Recent company updates also highlight quality programs, managed care coverage, and efforts tied to preventive care and health education.

  • Hempstead Snug
  • -
  • -
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  • Multi Pest Corp
  • Services
  • -
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  • Finance et assurances
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People are on the move more than ever before. For a better future, for a better everyday life. With Ria, people can send money online and in person, use digital tools to find a location or track a transfer, or have a working relationship with them. Head to their money transfer site or learn more about their other services. Ria expands with more locations and new partnerships to continue serving the people who matter most- their customers With a worldwide network of locations in many countries, they continue to make the world a smaller place by closing distances between families and their loved ones through world-class money transfers. They also offer bill payment, mobile top-ups, prepaid debit cards, check cashing, and money orders. With every service that they provide, work hard to provide the most positive experience possible.

  • Zoni Language Services
  • -
  • -
  • -
  • -
  • -
Locataire Secteur pi² Occupé Loyer/pi² Type de bail Fin du bail
All Over Properties - - - - -
Blue Diamond Logistics - - - - -
Brows By Nancy LLC - - - - -
Soins de santé et assistance sociale - - - -
Détaillant - - Brut modifié Janv. 2019
Finance et assurances - - - -
Hempstead Snug - - - - -
Multi Pest Corp Services - - - -
Finance et assurances - - - -
Zoni Language Services - - - - -

Disponibilité des espaces

  • Espace
  • Taille
  • Utilisation de l’espace
  • Aménagement
  • Disponible
  • 1er Ét.-ste 213
  • 800 pi²
  • Bureau
  • construction complète
  • Maintenant

Office space for lease on Fulton Ave.

Espace Taille Utilisation de l’espace Aménagement Disponible
1er Ét.-ste 213 800 pi² Bureau construction complète Maintenant

1er Ét.-ste 213

Taille
800 pi²
Utilisation de l’espace
Bureau
Aménagement
construction complète
Disponible
Maintenant

1er Ét.-ste 213

Taille 800 pi²
Utilisation de l’espace Bureau
Aménagement construction complète
Disponible Maintenant

Office space for lease on Fulton Ave.

Très accessible à pied
80/100
Moyennement adapté aux voitures
60/100
Transports en commun efficaces
80/100
Plutôt accessible en vélo
50/100

Impôts fonciers

Impôts fonciers

Numéro de lot
2013-34-339-00-0101-0
Évaluation du terrain
3 821 $ CAD
Évaluation des bâtiments
23 078 $ CAD
Évaluation totale
26 899 $ CAD
  • ID d’inscription: 40786656

  • Date de mise sur le marché: 2026-06-04

  • Dernière mise à jour:

  • Adresse: 236-242 Fulton Ave, Hempstead, NY 11550

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