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    4025-4045 Hempstead Tpke Bethpage, NY 11714

    For Lease
    $301 /Mo

    High-traffic retail center, prime location.

    Lot size:
    75,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Bethpage Plaza, a well-established Class B retail center in Nassau County, presents a compelling investment opportunity. This 75,500 square foot property, situated on 5.34 acres of land, boasts a prime location on the heavily trafficked Hempstead Turnpike. The center comprises three single-story buildings, offering a total of 15 suites and ample parking for 376 vehicles. Currently, the center houses a diverse mix of established tenants including the New York DMV, Dunkin' Donuts, Jersey Mike's Subs, AT&T, and Orangetheory Fitness, demonstrating strong occupancy and consistent foot traffic. One retail space of 179 square feet is currently available. The property features prominent pylon signage, restaurant signage opportunities, and tenant-controlled HVAC systems. Recessed lighting enhances the aesthetic appeal of the retail spaces, which benefit from excellent window visibility and convenient parking. An additional two-story office building is fully occupied by ProHealth. Built in 1956, the property is meticulously maintained and benefits from heavy daytime foot traffic, attracting a multicultural clientele. This established center offers a unique blend of retail and office space, presenting a strong potential for continued growth and profitability.

    Property Features for 4025-4045 Hempstead Tpke

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    75,500 SF
    Class
    B
    Total Rate
    301.56

    Building Details

    Year Built
    1956
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    ATM Kiosk
    Size
    179 SF
    Rate per SF
    $301

    HighLights

    • 75,500 square feet of retail space in a Class B, multi‑tenant shopping center.
    • Located on Hempstead Turnpike in Bethpage, Nassau County, NY.
    • 15 suites across 3 one‑story buildings on 5.34 acres.
    • 376 parking spaces available.
    • Strong tenant mix including New York DMV, Dunkin', Jersey Mike's, AT&T, and Orangetheory Fitness.
    • Features pylon signage, ample parking, and high daytime foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bethpage
    County
    Nassau
    State
    New York
    Longitude
    -73.4860132
    Latitude
    40.7261708

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail center, prime location.
    Where is this retail property located?
    The property is located at 4025-4045 Hempstead Tpke Bethpage, NY.
    What is the lease rate?
    The lease rate is $301 /Mo.
    What are key features of this property?
    This property features: 75,500 square feet of retail space in a Class B, multi-tenant shopping center.; Located on Hempstead Turnpike in Bethpage, Nassau County, NY.; 15 suites across 3 one-story buildings on 5.34 acres.
    Request Owner's contact information
    4025-4045 Hempstead Tpke Bethpage, NY 11714
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4025-4045 Hempstead Tpke Bethpage, NY 11714
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