1717 Hempstead Tpke Elmont, NY 11003

This exceptional mixed-use property, situated at 1717 Hempstead Turnpike in Elmont, NY, presents a compelling investment opportunity. The building encompasses 4,890 square feet on a 0.11-acre lot and features three units. Two fully renovated, three-bedroom, one-bathroom residential units occupy the second floor, providing immediate rental income. The ground floor boasts turnkey commercial space, perfectly suited for a large office. This space has undergone a significant $250,000+ build-out, including a complete IT setup for over 30 people and security cameras, minimizing upfront costs for a new tenant. The property benefits from high visibility due to its location on Hempstead Turnpike, attracting significant foot and vehicle traffic. Ample parking is available, adding to its appeal. The combination of consistent residential income and the potential for substantial commercial rental income makes this a strong cash-flow generating asset. Its strategic location and potential for future development further enhance its long-term investment prospects, making it ideal for both owner-occupiers and investors seeking a diversified portfolio. The property is offered at $1,950,000.