32 Atlantic Ave Hempstead, NY 11563
- Parking lots & garages
- 0.07 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 32 Atlantic Ave
- Lot size
- 0.07 lot acres
- Property type
- Parking lots & garages
- APN
- 34-289-00-0165
- APU
- 34289000165
Description
This exceptional 9,431 square foot commercial building, situated on a 10,850 square foot lot at 32 Atlantic Ave in Hempstead, NY, presents a compelling investment or owner-user opportunity. The property boasts a prime location in the heart of Lynbrook Centre, directly on busy Atlantic Avenue, just one block from the Lynbrook LIRR station and midway between Sunrise Highway and Merrick Road. Benefitting from high visibility and excellent signage, the building enjoys a daily traffic count exceeding 4,900 vehicles. The property features 146 parking spaces, high 10-foot ceilings, all new LED lighting, and a skylight, along with 200 amp power and central air conditioning. Currently housing a diverse mix of tenants including a deli, nail salon, cooking school/catering facility, and several second-floor office suites, the property generates substantial annual income. The deli (3,000 sq ft) yields $67,980 annually with a 3% annual increase and lease expiring in 2026
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hempstead
- County
- Nassau
- State
- New York
- Longitude
- -73.6304
- Latitude
- 40.7127
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
