288 Hempstead Avenue, West Hempstead, NY 11552
SINGLE_FAMILY - West Hempstead, NY
- Added:
- Jun 11, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 13 at 5:06 am
Property Features for 288 Hempstead Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Rooms
- Basement
- Basement
- Walk-Out Access, Partially Finished, Full
- Standard status
- Active
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 10225
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Building materials
- Brick
Listing agent Kenny Theam H. Tan ABR CIPS SRS C2 License #10311210013 (917) 806-4383
Listing office Skylux Realty Inc 55 Northern Blvd Suite 302, FLUSHING, NY (718) 500-2231
Listing date Jun 11, 2026
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1380 SF commercial space at 288 Hempstead Ave with an additional full basement (1380 SF)
- Highly visible storefront on one of West Hempstead’s main business corridors
- Flexible multi‑room layout suitable for a range of commercial uses
- Brick construction with central air and natural gas heating
- Public water and public sewer
- Cable available
Overview
Located in West Hempstead, the property is described as highly visible along one of the area’s main business corridors, with convenient access to major roads and surrounding neighborhoods. The storefront presence is designed to support walk-in and street-level traffic patterns for daily business operations.
The space is well suited for medical, professional, wellness, retail, or service-oriented businesses seeking a prominent storefront location and an added full basement for storage, back-of-house functions, or secondary workspace. Prospective tenants and buyers can evaluate the layout for how the main floor and basement space will support their specific workflow and customer-facing requirements.
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 | $82.8k | $30.00 |
| − Vacancy | −$4.7k | −$1.71 |
| EGI | $78.1k | $28.29 |
| − OpEx | −$23.4k | −$8.49 |
| NOI | $54.7k | $19.80 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West Hempstead
- County
- Nassau
- State
- New York
- Longitude
- -73.6689779
- Latitude
- 40.6757625
