236-242 Fulton Ave - Medical FOR SALE


Hempstead, NY 11550
$4,650,000 USD
516-737-3638
236-242 Fulton Ave, Hempstead, NY for Sale
$4,650,000 USD
Medical - FOR SALE
1/12
null | 8% Cap Rate

236-242 Fulton Ave
Hempstead, NY 11550


HIGHLIGHTS

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

OVERVIEW

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. Approximately 19,277 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.

FOR SALE DETAILS

PRICE

$4,650,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C4

APN/PARCEL ID

2013-34-339-00-0101-0

ASK ABOUT THIS PROPERTY

Abraham AdjmiSilber Investment Properties, LTDMore Info
516-737-3638

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Abraham AdjmiSilber Investment Properties, LTDMore Info
516-737-3638

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