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    Renovated Retail Property For Sale Title is generated by Realmo AI

    180 Hempstead Turnpike, West Hempstead, NY

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    Retail property with renovated basement and high-traffic location.

    Type:RETAIL
    Property size:
    8,800 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $227/SF
    Added:
    Sep 11, 2025
    Days on Market:
    277
    Last Refresh:
    May 19 at 9:46 pm

    Property Features for 180 Hempstead Turnpike

    General Information

    Standard status
    Active
    Size
    8,800 SF
    Lot size
    0.14 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Dawn Assael Gingold
    Dawn Assael Gingold

    Listing agent Dawn Assael Gingold

    Listing office American Investment Properties, Inc.

    Listing date Sep 11, 2025

    Source Moodyscre

    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, Inc.

    HighLights

    • Fully renovated basement with high ceilings
    • Owner‑occupied, ensuring the property is well‑maintained
    • High traffic counts on Hempstead Tpke: 23,047 cars per day
    • Looking to vacate at sale

    Overview

    This retail property is currently owner-occupied and the owner is looking to vacate upon sale. The property features a fully renovated basement with high ceilings. Located on Hempstead Turnpike, the location benefits from high traffic counts of 23,047 cars per day. The property size is 8,800 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $264.0k $30.00
    − Vacancy −$15.0k −$1.71
    EGI $249.0k $28.29
    − OpEx −$74.7k −$8.49
    NOI $174.3k $19.80
    8,800 SF · lease $30.00/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.49M
    $2.18M – $2.90M (±1% cap)
    NOI $174,266 @ 7.0% cap · market cap 8.72%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $5.82M
    $5.09M – $6.79M (±1% cap)
    NOI $407,286 @ 7.0% cap · market cap 20.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fire Department Clothing (Bike/Boat/Book/etc) Store Something Greek Custom T-Shirt Store EZ Corporate Clothing (Bike/Boat/Book/etc) Store Formerly, MrT-shirts.com; Currently, ... Custom T-Shirt Store Civilian Face Masks Textile Manufacturer

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

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

    Location Insight

    • Map
    • Local Demand
    City
    West Hempstead
    County
    Nassau
    State
    New York
    Longitude
    -73.645
    Latitude
    40.7053

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    FAQs

    What type of property is this?
    Storefront property - Retail property with renovated basement and high-traffic location.
    Where is this storefront property located?
    The property is located at 180 Hempstead Turnpike West Hempstead, NY.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: Fully renovated basement **with high ceilings**; Owner‑occupied, ensuring the property is well‑maintained; High traffic counts on Hempstead Tpke: 23,047 cars per day
    (917) 696-3630 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Dawn Assael Gingold
    Dawn Assael Gingold
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