Property summary
This exceptional mixed-use property, situated in the desirable village of East Rockaway at 70 Front Street, Hempstead, NY, presents a unique investment opportunity. Priced at $1,500,000, this property seamlessly blends commercial and residential spaces. The ground floor encompasses a substantial warehouse featuring a 14x14 overhead door, providing ample access for goods and equipment. The warehouse boasts impressive 16-foot ceilings and includes a dedicated office area and a full bathroom, enhancing functionality and convenience. Above the warehouse, a spacious four-bedroom, one-bathroom apartment offers comfortable living. A private terrace provides breathtaking views of the canal, creating a tranquil and desirable living space. Adding significant value to this property are three private boat slips and a dock, perfect for boating enthusiasts or as an additional revenue stream. The property's waterfront location and versatile layout make it an ideal investment for both commercial and residential purposes, offering a strong potential for rental income and appreciation. This is a rare opportunity to acquire a unique and highly desirable mixed-use property in a prime location. The property is offered as-is.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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