Mixed-Use Corner
For Sale
Contact for pricing
218-74 Hempstead Avenue, Jamaica, NY 11429
Two retail units accompany a three-bedroom apartment and lower-level storage.
Property SizeContact for details
Days on Market145
Property Features for 218-74 Hempstead Avenue
General Information
Standard status
Active
Property subtype
Mixed Use
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR
Multifamily Units
1
Building Details
Year Renovated
2011
Buildings
1
Tenancy
Multi
Listing Agency:
RIPCO Real Estate New York
(516) 647-7155
Listed By:
Kevin Schmitz · License #NY 10401284640
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 7:39PM
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 New York
Investment Insights
Based on property information with market context.
This mixed-use property combines two ground-floor retail spaces, a three-bedroom apartment, and approximately 1,200 square feet of rentable lower-level storage. The front retail unit is vacant, while the rear storefront is leased to a pawn shop. The apartment has a separate entrance on Springfield Boulevard and is occupied on a month-to-month basis. Building improvements completed in 2011 included a new roof along with updated plumbing and electrical systems.
The property occupies a signalized intersection at Hempstead Avenue and Springfield Boulevard, with approximately 108 feet of combined frontage. Reported daily traffic totals exceed 30,500 vehicles on Hempstead Avenue and 13,000 on Springfield Boulevard. The site is near the Cross Island Parkway, Clearview Expressway, Grand Central Parkway, Jamaica Avenue, and Hillside Avenue. Queens Village LIRR station is less than a half mile away, and Q2, Q27, Q83, and Q110 bus service is available outside the building.
The property occupies a signalized intersection at Hempstead Avenue and Springfield Boulevard, with approximately 108 feet of combined frontage. Reported daily traffic totals exceed 30,500 vehicles on Hempstead Avenue and 13,000 on Springfield Boulevard. The site is near the Cross Island Parkway, Clearview Expressway, Grand Central Parkway, Jamaica Avenue, and Hillside Avenue. Queens Village LIRR station is less than a half mile away, and Q2, Q27, Q83, and Q110 bus service is available outside the building.
Key Highlights
- Two ground‑floor retail units plus one three‑bedroom apartment
- Approximately 1,200 square feet of rentable lower‑level storage
- Approximately 108 feet of frontage on Springfield Boulevard and Hempstead Avenue
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,988
Businesses Nearby
39k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Dining 32%
Electronics 2%
Citibank
Shops & Services
14,764 visits/mo
0.4 miles
Chase Bank
Shops & Services
10,271 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
6,164 visits/mo
0.4 miles
Dunkin' Donuts
Dining
6,146 visits/mo
0.4 miles
H&R Block
Shops & Services
840 visits/mo
0.4 miles
Demographics for 11429, NY
25,895
Population
8,601
Households
3
Avg Household Size
41
Median Age
27%
College-Educated
84%
High-School Grad
1.3 sq mi
ZIP Area
19,919
Density / Sq Mi
$98,232
Median Household Income
$45,053
Median Earnings
$1,605
Median Rent
$646,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two retail units accompany a three-bedroom apartment and lower-level storage.
Where is this mixed-use property located?
The property is located at 218-74 Hempstead Avenue Jamaica, NY.
What are key features of this property?
This property features: Two ground‑floor retail units plus one three‑bedroom apartment; Approximately 1,200 square feet of rentable lower‑level storage; Approximately 108 feet of frontage on Springfield Boulevard and Hempstead Avenue
