Search
Three-Story Corner Mixed-Use Building
For Sale
Contact for pricing
Pending

233 Fulton Avenue, Hempstead, NY 11550

Fully occupied property combines 16 apartments with 9 retail stores in a prominent corner configuration.

Property Size30,118 SF
Days on Market42

Property Features for 233 Fulton Avenue

General Information

Standard status Pending
Size 30,118 SF
Property subtype Retail, Multifamily, Mixed Use
Occupancy 100%

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes
Public Transit Yes

Additional Details

Average Monthly Rent $1,103
Multifamily Units 16

Building Details

Year Built 1926
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Kassin Sabbagh Realty
Listed By: Ronnie Shaban · License #NY 10301200261
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 11:15AM

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 Kassin Sabbagh Realty

Investment Insights

Based on property information with market context.

Built circa 1926, this three-story mixed-use walkup contains 16 apartments and 9 stores within approximately 30,118 SF. The retail component accounts for 6,300 SF, while the residential units are rent stabilized and currently occupied. Each apartment includes a formal living room, dining room, eat-in kitchen, bathroom with a tub, and a working fireplace.

The building occupies the northeast corner of North Franklin Street and Fulton Avenue in Hempstead. Public transportation access includes the Hempstead Long Island Rail Road station and the Greyhound bus station, both within walking distance. The property is positioned north of the Southern State Parkway and east of the Meadowbrook State Parkway, with Adelphi University, Hofstra University, Hempstead Golf & Country Club, and Eisenhower Park in the surrounding area.

Key Highlights

  • 16 apartments and 9 stores in a three‑story mixed‑use walkup building
  • 30,118± SF total building area, including a 6,300 SF retail component
  • 100% occupied across the residential and commercial portions

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Dental Office

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

16
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

734
Businesses Nearby

Demographics for 11550, NY

61,901
Population
19,579
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
14,738
Density / Sq Mi
$86,904
Median Household Income
$40,662
Median Earnings
$1,647
Median Rent
$446,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied property combines 16 apartments with 9 retail stores in a prominent corner configuration.
Where is this mixed-use property located?
The property is located at 233 Fulton Avenue Hempstead, NY.
What are key features of this property?
This property features: 16 apartments and 9 stores in a three‑story mixed‑use walkup building; 30,118± SF total building area, including a 6,300 SF retail component; 100% occupied across the residential and commercial portions
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message