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    1285 Hempstead Tpke Elmont, NY 11003

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    1285 Hempstead Tpke Elmont, NY 11003


    • Grocery and convenience stores
    • 7,721 SF
    • 0.27 lot acres
    Elmont Commercial Investment Opportunity For Sale
    $2,500,000
    0.27 Acres

    Elmont Commercial Investment Opportunity

    Commercial property for sale in Elmont, NY.

    1285 Hempstead Turnpike, Elmont, NY 11003
    View Listing
    Property ID
    US63-2053803
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Butcher Square / Take-out & Catering / Butcher
    • Ram Green Farm / Grocery & Convenience Store / Food Market

    Property Details for 1285 Hempstead Tpke

    Year built
    1954
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.27 lot acres
    Property size
    7,721 SF
    Property type
    Grocery and convenience stores
    APN
    35-030-00-0112
    APU
    35030000112

    Description

    This exceptional commercial property, located at 1285 Hempstead Turnpike in Elmont, New York, presents a significant investment opportunity. Boasting a substantial 7,596 square feet of space, this general commercial building offers immense potential for a variety of businesses. The property is situated on a lot with no acreage, making it ideal for businesses that require convenient access and high visibility along a major thoroughfare. The asking price is $2,500,000. Given its prime location on Hempstead Turnpike, this property benefits from high traffic volume and excellent exposure to potential customers. The building's substantial square footage allows for flexible layout configurations, accommodating diverse business needs. This presents a rare chance to acquire a well-positioned commercial property in a thriving Elmont location. The property's size and location make it suitable for a wide range of commercial enterprises, from retail establishments to offices or light industrial uses. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further details regarding the building's internal layout and specifications are available upon request. Don't miss this opportunity to secure a valuable asset in a dynamic commercial market. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,550,000
      6.5%
      $2,350,000
      7%
      $2,185,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Elmont
    County
    Nassau
    State
    New York
    Longitude
    -73.6876
    Latitude
    40.7081
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $72,150
    $3,651
    $6,899
    $10,550
    -
    $0.00
    $0.00
    $1,055,000
    View Listing
    More about this property
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