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    Property profile & analytics

    2108 Hempstead Tpke East Meadow, NY 11554-1850

    • Drive through restaurants
    • 1,598 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $4,120,000
    Last Sale
    Jun 03, 2022
    $3,950,000
    Location Intelligence
    Property ID
    US63-3046773
    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

    • Drive through restaurants

    Property Details for 2108 Hempstead Tpke

    Year built
    2017
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.34 lot acres
    Property size
    1,598 SF
    Property type
    Drive through restaurants
    APN
    50-202-00-0042
    APU
    50202000042

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,065,000
      6.5%
      $3,855,000
      7%
      $3,605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,575,000
      Geo Method
      $4,170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,365,000
      Retail
      $3,435,000
      Mixed-Use
      $3,765,000
      Hospitality
      $3,590,000
      Educational
      $4,025,000
      Residential Income
      $4,435,000
      Energy
      $3,425,000
      Income-Based Land
      $3,385,000
      Food Service
      $4,385,000

    Location Insight

    • Map
    • Local Demand
    City
    East Meadow
    County
    Nassau
    State
    New York
    Longitude
    -73.5567
    Latitude
    40.7248
    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
    $78,678
    $4,503
    $4,916
    $9,419
    -
    $0.00
    $0.00
    $941,900

    Comparable in this City

    • Value Estimation by Request
      1,650 SF

      2430 Hempstead Tpke

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,650 SF
      2430 Hempstead Tpke, East Meadow, NY 11554-2031
      View Details
    • Value Estimation by Request
      1,950 SF

      2361 Hempstead Tpke, Unit 62

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,950 SF
      2361 Hempstead Tpke, East Meadow, NY 11554-2027
      View Details
    • Value Estimation by Request
      3,000 SF

      2170 Hempstead Tpke

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,000 SF
      2170 Hempstead Tpke, East Meadow, NY 11554-1850
      View Details
    • Value Estimation by Request
      812 SF

      2675 Jerusalem Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 812 SF
      2675 Jerusalem Rd, East Meadow, NY 11554-5446
      View Details
    • Value Estimation by Request
      1,392 SF

      1634 Frnt St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,392 SF
      1634 Frnt St, East Meadow, NY 11554-2350
      View Details
    • Value Estimation by Request
      4,530 SF

      1724 Hempstead Tpke

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,530 SF
      1724 Hempstead Tpke, East Meadow, NY 11554-1032
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Retail Space on Hempstead Turnpike

      Retail space with high visibility on Hempstead Turnpike.
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    • $40 SF/Yr
      800 SF

      East Meadow Retail Space Available

      Retail space for lease in a great location.
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      View Details
    • Contact for pricing
      1,050 SF

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      Retail space available near East Meadow Mall.
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      View Details
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    East Meadow, NY 11554-1850
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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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