352 Hempstead Ave West Hempstead, NY 11552

Building Details

Year Built

1925

Listing office Keller Williams Landmark II a***@adasells.com Show Phone

Listing date Mar 10, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This mixed-use corner building is located in West Hempstead and features four units and a detached two-car garage. The property has over 20 feet of frontage on Hempstead Avenue, offering signage and exposure. It is equipped with 3-phase industrial electrical service at 300 amps. The first floor includes a store with a full basement, currently operating as a tattoo parlor, and a studio apartment. The second floor contains a two-bedroom apartment and a one-bedroom apartment. The detached two-car garage is also rented out. The property is zoned for flexibility, making it suitable for investors, developers, or end-users seeking a value-add opportunity or future redevelopment site. The gross annual rental income is $116,400, with annual expenses of $31,036.25. The building is located blocks from the West Hempstead and Hempstead Gardens LIRR stations and is surrounded by national retailers.

Key Highlights

• High Gross Annual Rental Income: $116,400 provides substantial cash flow.
• Prime Corner Location: Offers 20+ feet of frontage on high‑traffic Hempstead Avenue, ensuring excellent visibility and signage opportunities.
• Mixed‑Use Building: Features a diverse income stream from retail and residential units.

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FAQs

What type of property is this?

Mixed-use property - Four-unit mixed-use corner building with high visibility and income potential.

Where is this mixed-use property located?

The property is located at 352 Hempstead Ave West Hempstead, NY.

What is the asking price?

The asking price for this property is $1,450,000.

What are key features of this property?

This property features: High Gross Annual Rental Income: $116,400 provides substantial cash flow.; Prime Corner Location: Offers 20+ feet of frontage on high‑traffic Hempstead Avenue, ensuring excellent visibility and signage opportunities.; Mixed‑Use Building: Features a diverse income stream from retail and residential units.