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Retail Space at Lake Success Center
For Lease
Contact for pricing
Pending

1398-1526 Union Tpke, New Hyde Park, NY 11040

Lake Success Shopping Center offers for-lease retail space in a high-activity New York shopping destination on the North Shore.

Property Size3,885 SF
Days on Market1136

Property Features for 1398-1526 Union Tpke

General Information

Standard status Pending
Size 3,885 SF
Property subtype RETAIL
Listing Agency: RIPCO Real Estate - Corporate
Listed By: Brian Schuster
Source: Moodyscre
Added: Jun 21, 2023 Changed: Jul 27 Last Checked: Jul 29 at 12:18PM

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 RIPCO Real Estate - Corporate

Investment Insights

Based on property information with market context.

Lake Success Shopping Center is a retail shopping center offering for-lease commercial space within the Lake Success Shopping Center complex.

The center is described as being among the busiest and most successful shopping centers in all of New York, located on the western edge of the north shore of Nassau County just east of the Queens border. The reported trade area includes a combination of high density, high-income population, and a high concentration of office/medical space anywhere on Long Island.

Prospective tenants should review the available for-lease details within the shopping center and confirm current space configurations and terms directly with the listing team.

Key Highlights

  • Lake Success Shopping Center offers for‑lease retail space.
  • Located on the western edge of the north shore of Nassau County, just east of the Queens border.
  • Trade area includes a combination of high income population and the highest concentration of office/medical space anywhere on Long Island.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Daycare Center Garden Center Auto Parts Store Barber Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,757
Businesses Nearby
442k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 29% Shops & Services 25% Groceries 19% Apparel 17%
Target Superstores
126,977 visits/mo 0.1 miles
ShopRite Groceries
85,474 visits/mo 0.4 miles
T.J. Maxx Apparel
48,026 visits/mo 0.3 miles
Cumberland Farms Shops & Services
29,829 visits/mo 0.3 miles
Victoria's Secret Apparel
16,823 visits/mo 0.0 miles

Demographics for 11040, NY

43,075
Population
14,608
Households
2.9
Avg Household Size
45
Median Age
56%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
8,974
Density / Sq Mi
$153,511
Median Household Income
$70,649
Median Earnings
$2,388
Median Rent
$795,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Lake Success Shopping Center — 1526 Union Tpke, New Hyde Park, NY 11040
  • North Shore Commons — 1700 Lakeville Rd, New Hyde Park, NY 11040
  • New Hyde Park Shopping Mall — 2315 New Hyde Park Rd, New Hyde Park, NY 11042

Frequently Asked Questions

What type of property is this?
Shopping center - Lake Success Shopping Center offers for-lease retail space in a high-activity New York shopping destination on the North Shore.
Where is this shopping center located?
The property is located at 1398-1526 Union Tpke New Hyde Park, NY.
What are key features of this property?
This property features: Lake Success Shopping Center offers for‑lease retail space.; Located on the western edge of the north shore of Nassau County, just east of the Queens border.; Trade area includes a combination of high income population and the highest concentration of office/medical space anywhere on Long Island.
(516) 933-8880 Call to check price and availability
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