525 Lakeville Rd New Hyde Park, NY 11040

Property Details for 525 Lakeville Rd

Lot size

0.14 lot acres

Property size

6,000 SF

Property type

Commercial real estate

Description

This exceptional mixed-use property, located at 525 Lakeville Road in New Hyde Park, NY 11040, presents a compelling investment opportunity. The 6,000 square foot building sits on a 0.14-acre lot and is currently configured as a two-family home, offering significant potential for various commercial uses. The property boasts four bedrooms, 2.5 bathrooms, and two kitchens, providing ample living space. Two separate living rooms cater to the needs of multiple occupants. A full finished basement with a separate entrance adds versatility and potential for additional income generation. Parking is abundant, with a detached one-car garage and a long driveway accommodating four or more vehicles. The property also features a backyard with an above-ground swimming pool, although it has been unused for some time. Its convenient location near Hillside Avenue ensures easy access to shopping, transportation, and other amenities. The asking price of $995,000 represents a highly competitive entry point into the New Hyde Park market, making this a truly unique opportunity for a quick sale. The property's size, layout, and location combine to create a rare and attractive investment prospect.