Mixed-Use Property with Retail and
For Sale
Contact for pricing
Pending
221 Hempstead Turnpike, West Hempstead, NY 11552
Four retail units plus apartments and office space in a mixed-use building with shared municipal parking nearby.
Property Size10,400 SF
Days on Market686
Property Features for 221 Hempstead Turnpike
General Information
Standard status
Pending
Size
10,400 SF
Property subtype
Mixed Use, Multifamily, Office, Retail
Building Details
Buildings
2
Stories
2
Listing Agency:
North Village Realty
Listed By:
Tom Bigansky · License #NY 10491210989
Source:
Crexi
Added: Oct 21, 2024
Changed: Aug 8
Last Checked: Jul 24 at 12:25PM
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 North Village Realty
Investment Insights
Based on property information with market context.
This mixed-use property totals 10,400 square feet and is currently configured with four retail units, two residential apartments, and more than 5,000 square feet of office space. The office area is described as convertible to support an additional five residential apartments, for a total of 12 units. The layout also allows an end-user to occupy the second floor while benefiting from income associated with seven rental units.
The building is attached to a municipal parking lot with capacity for more than 60 vehicles, supporting convenient access for both customers and residents. The property is also positioned down the block from an upcoming residential development featuring approximately 450 new apartments.
For leasing or ownership strategies requiring flexible mixed-use space, the existing retail and residential units paired with expandable residential potential provide a practical platform for multiple occupancy and operating approaches.
The building is attached to a municipal parking lot with capacity for more than 60 vehicles, supporting convenient access for both customers and residents. The property is also positioned down the block from an upcoming residential development featuring approximately 450 new apartments.
For leasing or ownership strategies requiring flexible mixed-use space, the existing retail and residential units paired with expandable residential potential provide a practical platform for multiple occupancy and operating approaches.
Key Highlights
- Mixed‑use commercial property with 10,400 SF total, featuring 4 retail units, 2 residential apartments, and 5,000+ SF of office space
- Office space offers conversion potential to add 5 residential apartments, for a total of 12 units
- End‑user option: occupy the second floor while benefiting from 7 rental units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
613
Businesses Nearby
Explore this area
Business Placement
Demographics for 11552, NY
24,903
Population
7,736
Households
3.2
Avg Household Size
40
Median Age
47%
College-Educated
93%
High-School Grad
3.5 sq mi
ZIP Area
7,115
Density / Sq Mi
$153,192
Median Household Income
$58,371
Median Earnings
$3,185
Median Rent
$615,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four retail units plus apartments and office space in a mixed-use building with shared municipal parking nearby.
Where is this apartment building located?
The property is located at 221 Hempstead Turnpike West Hempstead, NY.
What are key features of this property?
This property features: Mixed‑use commercial property with 10,400 SF total, featuring 4 retail units, 2 residential apartments, and 5,000+ SF of office space; Office space offers conversion potential to add 5 residential apartments, for a total of 12 units; End‑user option: occupy the second floor while benefiting from 7 rental units
