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    159-163 Hempstead Tpke W Hempstead, NY 11552

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    For Sale
    Contact for pricing

    Retail property with high traffic volume and on-site parking.

    Property size:
    7,760 SF
    Lot size:
    0.28 Acres

    Property Features for 159-163 Hempstead Tpke

    General Information

    Size
    7,760 SF
    Lot size
    0.28 Acres

    Source: ACC Space Commercial Real Estate Agent Chip Entwistle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property on Hempstead Turnpike

    This 7,760 square foot retail property benefits from high traffic volume, with approximately 29,935 cars passing by daily. On-site parking is available. The property offers great exposure on Hempstead Turnpike and is located in close proximity to the West Hempstead Train Station. A new housing development is under construction in the surrounding area. The property is currently functioning as a wood working shop. It is suitable for an owner-user or an investor.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Similar Places Nearby

    The iCraft Studio, Elena's Florist, Elena's Florist

    Location Insight

    • Map
    • Local Demand
    City
    W Hempstead
    County
    Nassau
    State
    New York
    Longitude
    -73.6443388
    Latitude
    40.7047982

    Nearby Similar for Sale

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      10,000 SF

      Stand-Alone Building with On-Site Parking

      Stand-alone building with flexible uses on a +32,000 SF lot.
      700 Woodfield Rd, W Hempstead, NY 11552
      View Details
    • Contact for pricing
      8,740 SF

      West Hempstead Flex Warehouse Space

      Flex warehouse space with showroom/office and loading dock.
      50 Hempstead Gardens Dr, W Hempstead, NY 11552
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail property with high traffic volume and on-site parking.
    Where is this storefront property located?
    The property is located at 159-163 Hempstead Tpke W Hempstead, NY.
    What are key features of this property?
    This property features: - Great Exposure on Hempstead Tpke; - High Traffic Volume - 29,935 Cars a Day; - On-Site Parking
    (516) 277-0666
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    159-163 Hempstead Tpke W Hempstead, NY 11552
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