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Renovated Mixed-Use Building
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882 Hempstead Turnpike, Hempstead, NY 11010

Corner property combining a ground-floor coffee cafe with two updated one-bedroom apartments and rear parking.

Property SizeContact for details
Days on Market179

Property Features for 882 Hempstead Turnpike

General Information

Standard status Active
Total Parking Spaces 7
Property subtype Multifamily

Units

Unit Mix 2 x 1BR
Multifamily Units 2

Building Details

Year Built 1925
Year Renovated 2018
Buildings 1
Units 3
Construction stucco
Listing Agency: Signature Premier Properties
Listed By: Carmela Marra
Source: Crexi
Added: Mar 6 Changed: Aug 30 Last Checked: Aug 30 at 6:30PM

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 Signature Premier Properties

Investment Insights

Based on property information with market context.

This mixed-use property includes a coffee cafe on the first floor and two one-bedroom apartments on the second floor. The apartments are updated and currently have no leases. Each unit has a split HVAC system, while the building also includes kitchens, bathrooms, electrical and plumbing systems, and a gas line.

The corner building at 882 Hempstead Turnpike in Hempstead, NY, has a private rear parking lot with seven spaces, including one handicapped space. A basement entrance is located at the rear, with stairs and a banister serving the property. Exterior improvements include stucco, updated windows, and a roof completed as part of a 2018 renovation performed to code. Originally built in 1925, the property combines retail and residential components in one building.

Key Highlights

  • Mixed‑use building at 882 Hempstead Turnpike, Hempstead, NY 11010
  • First‑floor coffee cafe with 2.5 years remaining on its lease
  • Two updated one‑bedroom apartments on the second floor; no apartment leases in place

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Law Firm Parking Lot & Garage Hotel & Motel Storage Facility Acupuncture (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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,577
Businesses Nearby

Demographics for 11010, NY

25,013
Population
8,577
Households
2.9
Avg Household Size
44
Median Age
40%
College-Educated
91%
High-School Grad
2.4 sq mi
ZIP Area
10,422
Density / Sq Mi
$140,686
Median Household Income
$58,584
Median Earnings
$2,096
Median Rent
$647,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner property combining a ground-floor coffee cafe with two updated one-bedroom apartments and rear parking.
Where is this mixed-use property located?
The property is located at 882 Hempstead Turnpike Hempstead, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Mixed‑use building at 882 Hempstead Turnpike, Hempstead, NY 11010; First‑floor coffee cafe with 2.5 years remaining on its lease; Two updated one‑bedroom apartments on the second floor; no apartment leases in place
(516) 987-4900 Call to check price and availability
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