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Hard Corner Development Opportunity
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340 Hempstead Tpke, Hempstead, NY 11552

Hard Corner Development Opportunity

Property Size2,314 SF
Lot Size0.60 Acres
Days on Market347

Property Features for 340 Hempstead Tpke

General Information

Standard status Active
Property type Grocery and convenience stores, Individual retail properties, Retail properties & Spaces
Size 2,314 SF
Net Rentable 2,314 SF
Total Parking Spaces 34
Elevators No
Lot size 0.60 Acres

Building Details

Buildings 1
Stories 1
Listing Agency:
Listed By: Lara
Added: Sep 8, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This property features a 2,314 square foot freestanding building situated on a 0.60 acre parcel. It occupies a hard corner location at a signalized intersection on Hempstead Turnpike, which experiences traffic counts exceeding 30,870 vehicles per day. The property includes curb cuts on both Hempstead Turnpike and New York Avenue, and provides 34 parking spaces. The current real estate taxes are $49,847.74. The property is located in West Hempstead, New York. The property is currently operating as a Burger King and will be delivered vacant.

Property Analytics

Current Use

Burger King Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Parts Store Grocery & Convenience Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

1,438
Businesses Nearby
215k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 44% Dining 27% Groceries 24% Apparel 5%
Stop & Shop Groceries
51,047 visits/mo 0.2 miles
Dollar Tree Shops & Services
30,973 visits/mo 0.3 miles
Starbucks Dining
18,857 visits/mo 0.5 miles
McDonald's Dining
14,725 visits/mo 0.1 miles
Pet Supplies Plus Shops & Services
12,076 visits/mo 0.2 miles

Demographics for 11552, NY

24,903
Population
7,736
Households
3.2
Avg Household Size
40
Median Age
47%
College-Educated
93%
High-School Grad
3.5 sq mi
ZIP Area
7,115
Density / Sq Mi
$153,192
Median Household Income
$58,371
Median Earnings
$3,185
Median Rent
$615,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Hard Corner Development Opportunity
Where is this grocery and convenience store located?
The property is located at 340 Hempstead Tpke Hempstead, NY.
More about this property
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