Property profile

2242 Hempstead Tpke East Meadow, NY 11554

OFF-MARKET
Other investment properties
Property ID
US63-3346567
1,890 SF 0.09 ac lot Built 1988
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is located in East Meadow on a main commercial corridor directly across from Nassau University Medical Center. It is configured to support either professional office use or retail operations, with frontage and exposure to regular pedestrian and vehicle traffic along the corridor. The site includes on-site parking intended to serve staff and visitors.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,890 SF
Lot 0.09 ac (3,760 SF)
APN 50-204-00-0018
UPID US63-3346567

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Production Facility
  • Hair Salon
  • Auto Parts Store

Location

2242 Hempstead Tpke East Meadow, NY 11554-1852
East Meadow metro Census 408200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2014
3 recorded transactions
2014
$415,000
2013
$427,500
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2242 Hempstead Tpke?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message