Building Details

Year Built 2004

Listing Agency: Douglas Elliman Real Estate j***@elliman.com Show Phone

Listed By: Joseph Albano · License #30AL0910178 Show Phone

Source: Elliman

Added: Apr 24 Changed: Jul 10 Last Checked: Aug 6 at 7:41AM

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Investment Insights

Based on property information with market context.

This development site is located a short distance from Hempstead Turnpike. The location may be suitable for apartments, condominiums, or assisted living facilities. The property has a walk score of 58, indicating it is somewhat walkable, a bike score of 48, indicating it is somewhat bikeable, and a transit score of 50, indicating good transit options. The property may be sold subject to approval, depending on proposals.

Key Highlights

• Development site suitable for apartments, condos, or assisted living.
• Proximity to Hempstead Turnpike.
• Good Transit Score (50).

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Hair Salon

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

Location Intelligence

Trade Area within ½ mile

735

Businesses Nearby

Explore this area Business Placement

Demographics for 11003, NY

43,979

Population

12,641

Households

3.5

Avg Household Size

40

Median Age

33%

College-Educated

87%

High-School Grad

4.1 sq mi

ZIP Area

10,727

Density / Sq Mi

$123,000

Median Household Income

$53,302

Median Earnings

$2,315

Median Rent

$576,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Development site ideal for apartments, condos, or assisted living.

Where is this commercial land located?

The property is located at 1888 Foster Meadow Rd Elmont, NY.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: Development site suitable for apartments, condos, or assisted living.; Proximity to Hempstead Turnpike.; Good Transit Score (50).