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Three-Story Commercial Building
For Sale
Contact for pricing
Pending

54 Main St, Hempstead, NY 11550

Three-story commercial building with a finished basement, high ceilings, and two elevators, offered for sale and needing renovation.

Property Size13,000 SF
Days on Market113

Property Features for 54 Main St

General Information

Standard status Pending
Size 13,000 SF
Property subtype Retail

Additional Details

Heavy Power Yes

Building Details

Stories 3
Listing Agency: Winzone Realty Inc
Listed By: Victoria Chang · License #NY
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Aug 1 at 5:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Winzone Realty Inc

Investment Insights

Based on property information with market context.

This three-story commercial building includes a finished basement and high ceilings, with two elevators serving the upper levels. The property is described as a former landmark bank building and is offered for sale in need of renovation. It also has three-phase power available.

Located on Main Street in downtown Hempstead, the building is presented as having strong exposure. The seller notes low taxes as part of the offering.

While the property’s previous use was banking, the layout and improvements are positioned for investor and end-user redevelopment considerations, including potential medical or other commercial uses, subject to applicable approvals and permitting.

Key Highlights

  • 13,000+ SF three‑story commercial building for sale in downtown Hempstead
  • High ceilings and finished basement, with a prior landmark bank building
  • 3‑phase power and two elevators

Property Analytics

Current Use

Nishu Pharmacy Inc Pharmacy Hempstead Bank Building Bank Dr. Olakunle O. ... Physician Thomas Anna Employment Agency Alt Erin Medical Clinic

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Law Firm Garden Center Storage Facility Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

2,996
Businesses Nearby

Demographics for 11550, NY

61,901
Population
19,579
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
14,738
Density / Sq Mi
$86,904
Median Household Income
$40,662
Median Earnings
$1,647
Median Rent
$446,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story commercial building with a finished basement, high ceilings, and two elevators, offered for sale and needing renovation.
Where is this office building located?
The property is located at 54 Main St Hempstead, NY.
What are key features of this property?
This property features: 13,000+ SF three‑story commercial building for sale in downtown Hempstead; High ceilings and finished basement, with a prior landmark bank building; 3‑phase power and two elevators
(347) 781-8888 Call to check price and availability
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