USANYW Hempstead352 Hempstead Ave
View of building exterior with a wall mounted AC | Image 1
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$1,450,000

352 Hempstead Ave, W Hempstead, NY

Real Estate

For Sale

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340
  • Key Facts
  • Description
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Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes $26,986
Days Active 12
Lot Size 
Approx. Age 1925
MLS® Number 913569

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity in the Heart of West Hempstead! Features a 4-Unit Mixed-Use Corner Building with a detached 2 Car Garage. The property features 20+ feet of frontage on high-traffic Hempstead Avenue, excellent signage and exposure. Equipped with 3-phase industrial electrical service (300 amps). 1st Floor Offers Store-Tattoo parlor with full basement $3, 000 month ($36, 000/year – can be delivered vacant) and Studio apartment $1, 500 month ($18, 000/year), 2nd Floor Units Offer a 2-bedroom apartment $2, 400 month ($28, 800/year), a 1-bedroom apartment $2, 300 month ($27, 600/year), and detached 2 car garage rental $500 month ($6, 000/year). Zoned for flexibility, it’s perfect for investors, developers, or end-users seeking a value-add opportunity or future redevelopment site. Gross annual rental income $116, 400 and annual expenses $31, 036.25. Located just blocks from the West Hempstead and Hempstead Gardens LIRR stations and surrounded by national retailers. This property offers unmatched visibility, steady cash flow, and tremendous upside. Don’t miss the chance to own a high-yield asset in one of Nassau County’s most desirable corridors.Show Description
MLS® Number913569
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0514
Exterior
GarageYes
Approx. Age1925
BasementFull, Unfinished
DrivewayGarage
Garage Spaces
HeatSteam, Other
A/CNone
Heating Fuel

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