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    Property profile & analytics

    1343 Hempstead Tpke Elmont, NY 11003-1126

    • Turn key restaurants
    • 769 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 26, 2025
    Location Intelligence
    Property ID
    US63-2002135
    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.

    Current Use by Public Records

    • King Umberto / Italian Restaurant / Takeout Restaurant

    Property Details for 1343 Hempstead Tpke

    Year built
    1934
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.07 lot acres
    Property size
    769 SF
    Property type
    Turn key restaurants
    APN
    32-563-00-0001
    APU
    32563000001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elmont
    County
    Nassau
    State
    New York
    Longitude
    -73.6902
    Latitude
    40.7079
    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
    $14,120
    $1,157
    $685
    $1,842
    -
    $0.00
    $0.00
    $184,200

    Comparable in this City

    • Value Estimation by Request
      2,272 SF

      721 Elmont Rd

      RESTAURANT • 2,272 SF
      721 Elmont Rd, Elmont, NY 11003-4030
      View Details
    • Value Estimation by Request
      1,450 SF

      238 2nd Linden Blvd

      RESTAURANT • 1,450 SF
      238 2nd Linden Blvd, Elmont, NY 11003
      View Details
    • Value Estimation by Request
      0.08 Acres

      Elmont Rd

      RESTAURANT • 0.08 Acres
      Elmont Rd, Elmont, NY 11003
      View Details
    • Value Estimation by Request
      5,151 SF

      1710 Hempstead Tpke

      RESTAURANT • 5,151 SF
      1710 Hempstead Tpke, Elmont, NY 11003-1856
      View Details
    • Value Estimation by Request
      0.05 Acres

      239th St

      RESTAURANT • 0.05 Acres
      239th St, Elmont, NY 11003
      View Details
    • Value Estimation by Request
      0.09 Acres

      Elmont Rd

      RESTAURANT • 0.09 Acres
      Elmont Rd, Elmont, NY 11003
      View Details

    Similar Nearby for Sale

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      10,000 SF

      Elmont Retail Property For Sale

      Retail property in Elmont, New York with high traffic volume.
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    Similar Nearby for Lease

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      Retail space with high visibility and ample parking available.
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      8,250 SF

      Elmont Medical Office Space For Lease

      8,250 SF Medical Office - High Visibility
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    • $10,000 /Mo
      11,522 SF

      Commercial Strip in Residential Community

      Attractive commercial strip near Franklyn General Hospital, Elmont, NY.
      500-502 Meacham Ave, Elmont, NY 11003
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    • $1,000 /Mo
      1,000 SF

      Elmont Office Space For Rent

      Office space in prime Elmont location, utilities included.
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    • Contact for pricing
      6,000 SF

      Renovated Office Space Near Highways

      Fully renovated office space with convenient highway access.
      570 Elmont Rd, Elmont, NY 11003
      View Details

    Property Visit Statistics

    • Visits by month
      9.4k
    • Visitors by month
      6.3k
    • Avg Time on site
      17 min
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    1343 Hempstead Tpke
    Elmont, NY 11003-1126
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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