1601 Hempstead Tpke - Retail FOR SALE


Elmont, NY 11003
$2,350,000 USD
646-630-5598
1601 Hempstead Tpke, Elmont, NY for Sale
$2,350,000 USD
Retail - FOR SALE
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1601 Hempstead Tpke
Elmont, NY 11003


HIGHLIGHTS

  • Great visibility

OVERVIEW

An exceptional opportunity to acquire a highly visible single-story commercial property on one of Nassau County's busiest retail corridors. Positioned directly on Hempstead Turnpike, this premier commercial asset offers outstanding frontage, tremendous daily traffic counts, excellent accessibility, and unmatched exposure for virtually any retail, showroom, office, or service-oriented business. The property's location is truly second to none. Situated directly across the street from the Elmont Memorial Library, the building benefits from consistent daily foot traffic and exceptional community visibility. It is also located less than one-half mile from The Home Depot, creating a strong retail draw and attracting a constant stream of consumers and contractors to the immediate area. Surrounded by nationally recognized retailers including The Home Depot, Target, Stop & Shop, CVS Pharmacy, Walgreens, Starbucks, Chase Bank, TD Bank, Wendy's, Taco Bell, McDonald's, Dunkin', and numerous other established businesses, the property sits in the center of one of Long Island's strongest retail trade areas. In addition, it is only minutes from UBS Arena, Belmont Park, the transformative Belmont Park Village luxury retail development, and the Cross Island Parkway, providing exceptional connectivity to Queens, Nassau County, and the greater New York metropolitan area. These surrounding destinations continue to fuel significant economic growth and consumer activity throughout the corridor. Adding even greater value, the well-established flooring business currently operating within the building is also available for purchase. With A+ credit, an outstanding reputation, and over 35 years of successful operation, this thriving business presents a rare turnkey opportunity for an owner-user or entrepreneur seeking to acquire both prime commercial real estate and a proven, long-standing operation. Whether you're looking to establish a flagship location, expand your investment portfolio, or purchase a successful operating business together with the underlying real estate, 1601 Hempstead Turnpike offers a unique opportunity in one of Long Island's most desirable and rapidly growing commercial corridors.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

2089-32-474-00-0004-0

ASK ABOUT THIS PROPERTY

Bijan DjafariCloud RealtyMore Info
646-630-5598

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Bijan DjafariCloud RealtyMore Info
646-630-5598

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