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Multi-Tenant Retail Storefront
For Sale
$1,300,000

156 Hempstead Turnpike West, Hempstead, NY 11552

Fully occupied retail property with basement space and tenant-paid utilities.

Property SizeContact for details
Days on Market196

Property Features for 156 Hempstead Turnpike West

General Information

Standard status Active
Property subtype Street Retail
Occupancy 100%

Amenities

Basement
walking distance to West Hempstead Train Station
bus stop in front

Building Details

Tenancy Multi
Listing Agency: American Investment Properties
Listed By: Ron Koenigsberg · License #31K00933350
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 5:47PM

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 American Investment Properties

Investment Insights

Based on property information with market context.

This fully occupied storefront property contains 6 retail tenants and includes basement space. Utility costs are paid directly by the tenants, providing a clearly defined operating arrangement for the building.

The property fronts Hempstead Turnpike in West Hempstead, with the West Hempstead Train Station located 0.3 mile away. An n6 bus stop is positioned in front of the property, and the surrounding retail environment includes 7-Eleven, Wendy's, KFC, a BP service station, Cherry Valley Deli, and auto repair shops.

Key Highlights

  • 6‑tenant fully occupied retail building
  • Basement space included
  • Tenants pay their own utilities

Property Analytics

Current Use

Pandora's Treasure Corner ... Clothing Store

Suggested Use

Top Pick Parking Lot & Garage Nursing Home (Bike/Boat/Book/etc) Store Butcher Pet Store Pet Store & Service

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,264
Businesses Nearby
189k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 49% Dining 45% Apparel 6%
Dollar Tree Shops & Services
30,973 visits/mo 0.1 miles
Shell Shops & Services
20,198 visits/mo 0.2 miles
Wendy's Dining
16,656 visits/mo 0.3 miles
Dunkin' Donuts Dining
16,188 visits/mo 0.4 miles
McDonald's Dining
14,725 visits/mo 0.4 miles

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 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

  • Elena's Florist 167 Hempstead Ave, West Hempstead, NY 11552
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  • The iCraft Studio 163 Hempstead Turnpike, West Hempstead, NY 11552
  • Stop & Shop Florist 132 Fulton Ave, Hempstead, NY 11550

Frequently Asked Questions

What type of property is this?
Storefront property - Fully occupied retail property with basement space and tenant-paid utilities.
Where is this storefront property located?
The property is located at 156 Hempstead Turnpike West Hempstead, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 6‑tenant fully occupied retail building; Basement space included; Tenants pay their own utilities
More about this property
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