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    349 Hempstead Ave West Hempstead, NY 11552

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    For Sale
    $1,750,000

    16,814 SF mixed-use property in West Hempstead business district.

    Lot size:
    0.39 Acres

    Property Features for 349 Hempstead Ave

    General Information

    Lot size
    0.39 Acres

    Building Details

    Year built
    1903

    Source: Daniel Gale Sothebys Intl Rlty Agent Kari G. Caulfield CBR

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

    Overview

    Mixed-Use Development Opportunity, West Hempstead

    This 16,814 square foot mixed-use commercial property is located at the corner of Hempstead Avenue and Spruce Street in the busy business district of West Hempstead. The location is within walking distance of public transportation and the Long Island Rail Road, and is close to several houses of worship and schools. The property includes a legal three-family residential building that requires renovation, two separate commercial buildings with retail storefronts and full basements, a warehouse/garage with a full attic, and a parking lot. The property is heated by natural gas. Currently, there are month-to-month tenants occupying one storefront (barber), the warehouse and parking lot (landscaper), and one residential unit. This property presents a development opportunity for an investor, owner-user, or developer.
    Location Intelligence

    Current Use by Public Records

    L-mar's wiring & installation Electrician

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Hempstead
    County
    Nassau
    State
    New York
    Longitude
    -73.6383433
    Latitude
    40.6704314

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    FAQs

    What type of property is this?
    Mixed-use property - 16,814 SF mixed-use property in West Hempstead business district.
    Where is this mixed-use property located?
    The property is located at 349 Hempstead Ave West Hempstead, NY.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Prime 16,814 SF mixed-use commercial property in a busy business district.; - Development opportunity for investor, owner-user, or developer.; - Includes a legal 3-family residential building, two commercial buildings with retail storefronts and full basements, a warehouse/garage with full attic, and a parking lot.
    (516) 313-9792
    Request Owner's contact information
    349 Hempstead Ave West Hempstead, NY 11552
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    West Hempstead, NY 11552
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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
    349 Hempstead Ave West Hempstead, NY 11552
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