1285 Hempstead Tpke, Elmont, NY 11003
- Grocery and convenience stores
- 7,721 SF
- 0.27 lot acres
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 type
- Grocery and convenience stores
- APN
- 35-030-00-0112
- APU
- 35030000112
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 21, 2018 | — | Yong Hwan Kim | — | Deed · related | $20k · New Millennium Bank |
| Aug 23, 2016 | — | Yong Hwan Kim | — | Deed · related | $540k · Metro City Bank |
| Jun 23, 2016 | — | Abc Green Farm INC | — | Deed · related | $142k · * Other Institutional Lenders |
| Nov 25, 2014 | — | Yong H Kim | — | Trustees Deed · related | $600k · Metro Cty Bk |
| Jun 25, 2008 | — | Kim,yong & Hyang | — | Deed Of Trust · related | $265k · Cascade Land Hm Financing |
| Dec 5, 1997 | — | Yong H Kim | Cunningham,robert F | Grant Deed | $375k · Individual |
| — | — | Abc Green Farm INC | — | Deed Of Trust · related | $210k · Keb Ny Financial Corp |
| — | — | Kim Yong Hwan | — | Loan Modification, Consolidation And Extension · related | $530k · New Millennium Bk |
| — | — | Abc Green Farm INC | — | Deed Of Trust · related | $199k · Yong H & Hyang S Kim |
| — | — | Yong Kim | — | Deed Of Trust · related | $1.1M · Keb Ny Financial Corp |
| — | — | Abc Green Farm INC | — | Loan Modification · related | $142k · * Other Institutional Lenders |
| — | — | Yong H Kim | — | Deed Of Trust · related | $300k · Nara Bank |
| — | — | Yong H Kim | — | Deed Of Trust · related | $540k · Metro Cty Bk |
| — | — | Yong H Kim | — | Deed Of Trust · related | $300k · Nara Bank |
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
-
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
