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    Storefront Retail Building with Basement Title is generated by Realmo AI

    288 Hempstead Avenue, West Hempstead, NY 11552

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    Claim this Listing
    For Sale
    $688,000

    SINGLE_FAMILY - West Hempstead, NY

    Type:Retail
    Property size:
    2,760 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $249/SF
    Added:
    Jun 11, 2026
    Days on Market:
    28
    Last Refresh:
    Jul 8 at 6:06 pm

    Property Features for 288 Hempstead Avenue

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Rooms
    Basement
    Basement
    Partially Finished, Walk-Out Access, Full
    Standard status
    Active
    APN
    2089-35-383-00-0274-0
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    10225

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Building materials
    Brick

    We can help!

    Contact an agent
    Kenny Theam H. Tan ABR CIPS SRS C2

    Listing agent Kenny Theam H. Tan ABR CIPS SRS C2 License #10311210013

    Listing office Skylux Realty Inc 55 Northern Blvd Suite 302, FLUSHING, NY

    Listing date Jun 11, 2026

    MLS# 1012175

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1380 SF commercial space at 288 Hempstead Ave with an additional full basement (1380 SF)
    • Highly visible storefront on one of West Hempstead’s main business corridors
    • Flexible multi‑room layout suitable for a range of commercial uses
    • Brick construction with central air and natural gas heating
    • Public water and public sewer
    • Cable available

    Overview

    This is a for-sale commercial storefront property featuring a flexible multi-room layout and strong street-facing presentation. The building offers approximately 1,380 SF of main-floor space, along with a full basement of approximately 1,380 SF, providing additional area that can support back-of-house needs, storage, or complementary workspace depending on the user’s requirements.

    Located at 288 Hempstead Avenue in West Hempstead, the property is described as being highly visible along a main business corridor. The listing notes convenient access to major roads and surrounding neighborhoods, which can support businesses that rely on walk-in activity and easy customer access.

    The layout and storefront presence make this property a practical fit for a variety of business types, including medical, professional, wellness, retail, and service-oriented operations. Prospective tenants and buyers can evaluate the combined main level and basement configuration for how they want to stage customer-facing space versus operational space, while benefiting from the property’s commercial frontage and curb appeal as presented in the listing.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $82.8k $30.00
    − Vacancy −$4.7k −$1.71
    EGI $78.1k $28.29
    − OpEx −$23.4k −$8.49
    NOI $54.7k $19.80
    2,760 SF · lease $30.00/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $780.8K
    $683.2K – $910.9K (±1% cap)
    NOI $54,656 @ 7.0% cap · market cap 7.94%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $1.82M
    $1.60M – $2.13M (±1% cap)
    NOI $127,740 @ 7.0% cap · market cap 18.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fernandez Christine T Physician Cynthia M Navas ... Medical Clinic Sergio Acupuncture Plus Medical Clinic Marilyn Ciccone Physician Pierce Rubbish Removal Waste Management Facility

    Suggested Use

    Real Estate Agency Parking Lot & Garage Catering Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Law Firm Butcher Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • The iCraft Studio — 163 Hempstead Turnpike, West Hempstead, NY 11552
    • Elena's Florist — 167 Hempstead Ave, West Hempstead, NY 11552
    • Elena's Florist — 163 hempstead ave, west hempstead, ny 11552

    Location Insight

    • Map
    • Local Demand
    City
    West Hempstead
    County
    Nassau
    State
    New York
    Longitude
    -73.6689779
    Latitude
    40.6757625

    FAQs

    What type of property is this?
    Storefront property - Flexible multi-room storefront with a full basement provides versatile space for a range of service and professional uses.
    Where is this storefront property located?
    The property is located at 288 Hempstead Avenue West Hempstead, NY.
    What is the asking price?
    The asking price for this property is $688,000.
    What are key features of this property?
    This property features: 1380 SF commercial space at 288 Hempstead Ave with an additional full basement (1380 SF); Highly visible storefront on one of West Hempstead’s main business corridors; Flexible multi‑room layout suitable for a range of commercial uses
    More about this property
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