150-158 Main St - Retail FOR SALE


Hempstead, NY 11550
$5,580,000 USD
347-628-8818
150-158 Main St, Hempstead, NY for Sale
$5,580,000 USD
Retail - FOR SALE
1/20
null | 5.47% Cap Rate

150-158 Main St
Hempstead, NY 11550


HIGHLIGHTS

  • 22,753 SF RETAIL STRIP WITH ELEVEN STORES - ONLY ONE STORE VACANT
  • MINIMAL MANAGEMENT RETAIL ASSET - ALL LONG-TERM 10 YEAR + TENANTS
  • HEAVY FOOT TRAFFIC LOCATION - NEXT TO LARGE PARKING LOT AND LIRR STATION

OVERVIEW

This prime retail investment property is at 158 Main Street, Hempstead, NY. Located in the heart of Hempstead, it boasts an impressive annual net operating income of $305,464 This 22,753 square-foot retail strip offers eleven stores, with only one store vacant, ensuring consistent rental income. What sets this property apart is its minimal management requirements, making it an excellent choice for both seasoned and novice investors. Situated in a high-traffic location next to a large parking lot and the Hempstead LIRR station, this investment promises visibility and convenience, making it a lucrative opportunity in the bustling NYC retail market. Don't miss your chance to secure your financial future with this straightforward and low-maintenance retail asset.

FOR SALE DETAILS

PRICE

$5,580,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

5.47%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,500 SF

ZONING

-

APN/PARCEL ID

2013-34-522-00-0204-0

ASK ABOUT THIS PROPERTY

Barbie LiB Square RealtyMore Info
347-628-8818

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Barbie LiB Square RealtyMore Info
347-628-8818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.