218-56 Hempstead Ave - Retail FOR SALE


Jamaica, NY 11429
$1,100,000 USD
646-261-6430
218-56 Hempstead Ave, Jamaica, NY for Sale
$1,100,000 USD
Retail - FOR SALE
1/3
null | Request Cap Rate

218-56 Hempstead Ave
Jamaica, NY 11429


HIGHLIGHTS

  • High traffic area perfect for a business
  • Significant upside potential

OVERVIEW

Prime Mixed-Use Building Opportunity This mixed-use building offers an ideal investment or end-user opportunity in a high-traffic, highly desirable area. Featuring one vacant retail store and two spacious 2-bedroom apartments with month-to-month tenants, this property provides immediate rental income with significant upside potential. The retail space is perfectly positioned for a business owner or to attract a tenant, benefiting from heavy pedestrian and vehicular traffic and neighboring major franchise retailers. The apartments offer bright and functional layouts, appealing to a wide range of renters. Whether you're looking to expand your portfolio or secure a prime location for your business, this property delivers flexibility, income potential, and long-term value in a thriving area. Don’t miss out on this fantastic opportunity!

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$430 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

R3-2

APN/PARCEL ID

11110-0004

ASK ABOUT THIS PROPERTY

Mitch SlavuterPrime RealtyMore Info
646-261-6430

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Mitch SlavuterPrime RealtyMore Info
646-261-6430

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