Property profile

Long Beach Rd Hempstead, NY 11572

OFF-MARKET
Commercial real estate
2,400 SF
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Property summary

AI-generated overview

This thriving nail and spa business, located on busy Long Beach Road in Hempstead, NY, presents a fantastic investment opportunity. The 2,400 square foot space boasts 8 manicure tables (16 seats), 10 pedicure stations, and 3 waxing rooms, ensuring ample capacity for clients. A convenient washroom is also included. The property benefits from a prime location within a shopping plaza, offering excellent visibility and accessibility. A large parking lot directly in front provides ample parking for patrons, enhancing convenience and attracting more customers. The business operates seven days a week, demonstrating consistent demand and profitability. A 10-year lease is in place, providing long-term stability for the new owner. A security deposit of $30,000 is required. This turnkey operation is ready for a new owner to step in and continue its success. The high-traffic location on Long Beach Road in the commercial district of Oceanside ensures a steady stream of potential customers. This is an exceptional opportunity to acquire an established and profitable business in a desirable location. The property is zoned for general commercial use.

Property profile

Verified
Property type Commercial real estate
Total area 2,400 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Long Beach Rd Hempstead, NY 11572
Hempstead metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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