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Development Site Near Hempstead Turnpike

1888 Foster Meadow Rd, Elmont, NY 11003

For Sale
$4,500,000
Pending

Development site ideal for apartments, condos, or assisted living.

Property Size44,773 SF
Days on Market199

Property Features for 1888 Foster Meadow Rd

General Information

Standard status Pending
Size 44,773 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,120

Building Details

Building Size 44,773 SF
Year Built 2004
Listing Agency: Douglas Elliman Real Estate
Listed By: Joseph Albano · License #30AL0910178
Source: Elliman
Added: Apr 24 Changed: Nov 5 Last Checked: Nov 6 at 10:24AM

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 Douglas Elliman Real Estate

Rey
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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

Who owns this building? See the owner, sales and loan history
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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Nassau County

Jul
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Sep
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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).
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