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Property profile & analytics
FOR LEASE
Investment properties

2501 Hempstead Tpke East Meadow, NY 11554

28,082 SF 2.1 ac lot Built 1969
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US63-1498566
Property summary
AI-generated overview

This exceptional retail property, located at 2501 Hempstead Turnpike in East Meadow, New York, presents a unique investment opportunity. The property is classified as a shopping center with multiple suites, encompassing a total of 1 square foot of building space. Currently, 1 square foot of retail space is available for lease. Situated on a generous 2.1-acre lot, this location offers significant visibility and accessibility. The property's address is 2501 Hempstead Turnpike, East Meadow, NY 11554, within Nassau County. Its strategic location provides excellent exposure to high traffic volume, making it ideal for a variety of retail businesses. The property's size and location make it an attractive option for businesses seeking a prominent presence in a thriving commercial area. The ample land area offers potential for expansion or future development. This is a rare opportunity to secure a retail space in a prime East Meadow location. The property's single-suite configuration offers a unique opportunity for a business seeking a dedicated space. Further details regarding lease terms and conditions are available upon request. Interested parties are encouraged to inquire promptly. The property is conveniently located in Nassau County, New York, offering easy access to major transportation routes and a strong local customer base.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1969
Total area 28,082 SF
Lot 2.1 ac (91,476 SF)
APN 45-00J-00-0136
UPID US63-1498566
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Panera Bread Cafe & Coffee Shop
  • Crunch Fitness - East Meadow Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.07M
Owner & transaction history
2501 Hempstead Turnpike Realty · 21 yrs held
2501 Hempstead Turnpike Realty
since 2005
4 recorded transactions
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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?”
More about this property
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