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Grocery-Anchored Shopping Center
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387-403 Fulton Ave, Hempstead, NY 11550

Fully leased retail center with 11 tenants, dedicated parking, and a signalized four-way intersection location.

Property Size17,430 SF
Days on Market142

Property Features for 387-403 Fulton Ave

General Information

Standard status Active
Size 17,430 SF
Property subtype Retail
Occupancy 100%

Additional Details

Corner Location Yes

Amenities

dedicated parking lot
full basements

Building Details

Year Renovated 2018
Tenancy Multi
Listing Agency: Silber Investment Properties Ltd
Listed By: Stuart Frankel · License #NY 40FR1166711
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 2:04PM

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 Silber Investment Properties Ltd

Investment Insights

Based on property information with market context.

Fulton Commons is a fully leased, grocery-anchored shopping center comprising 11 tenant spaces and 17,430 SF of GLA. The property includes a dedicated parking lot with over 55 parking stalls, and every tenant space has a full basement. Major roof improvements were completed in 2018.

The center occupies the northeast corner of Fulton Ave and Clinton St at a signalized four-way intersection. It is adjacent to the New Haven Place apartment complex and located near Hempstead LIRR Station, Hofstra University, Nassau County District Court, and Home Depot.

Key Highlights

  • Fully leased grocery‑anchored shopping center with 11 tenants
  • 17,430 SF of GLA with full basements for every tenant
  • Dedicated parking lot with over 55 parking stalls

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Skin Care Clinic Acupuncture Catering Service (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.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,698
Businesses Nearby
215k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 30% Shops & Services 22% Apparel 22% Dining 13%
T.J. Maxx Apparel
37,575 visits/mo 0.4 miles
Aldi Groceries
30,727 visits/mo 0.4 miles
Harbor Freight Tools Home Improvements & Furnishings
27,975 visits/mo 0.4 miles
Bravo Supermarkets Groceries
16,794 visits/mo 0.0 miles
Key Food Supermarkets Groceries
16,330 visits/mo 0.1 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • The Hub 132-178 Fulton Ave, Hempstead, NY 11550
  • Hempstead Village Commons 340 peninsula blvd, hempstead, ny 11550
  • Fulton Corner 236 Fulton Ave, Hempstead, NY 11550
  • Chino 12 n franklin st, hempstead, ny 11550
  • Clinton Plaza 80 Clinton St, Hempstead, NY 11550

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center with 11 tenants, dedicated parking, and a signalized four-way intersection location.
Where is this shopping center located?
The property is located at 387-403 Fulton Ave Hempstead, NY.
What are key features of this property?
This property features: Fully leased grocery‑anchored shopping center with 11 tenants; 17,430 SF of GLA with full basements for every tenant; Dedicated parking lot with over 55 parking stalls
(516) 864-8000 Call to check price and availability
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