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    OFF-MARKET
    Office buildings

    2550 Hempstead Tpke, East Meadow, NY 11554-2136

    1,645 SF 0.12 ac lot Built 1985
    Individually Owned Free & Clear
    Property ID
    US63-6164481
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a vacant 4,500-square-foot retail storefront located at 2550 Hempstead Turnpike in East Meadow, New York. The property, built in 1985, is a three-story Class B building situated on a 0.12-acre lot (APN: 2089-51-004-00-0083-0) and offers fee simple ownership. Currently vacant, this storefront presents a value-add opportunity for an opportunistic investor. The asking price is $1,300,000, translating to $288.89 per square foot. The property benefits from its location on Hempstead Turnpike, a high-traffic area with 53,949 cars passing daily, ensuring excellent visibility and accessibility. The building is zoned for commercial use and includes some on-site parking for added convenience. Its prime location is surrounded by other neighborhood retail businesses, creating a synergistic environment. This property is ideal for a variety of retail uses and presents a strong potential for significant return on investment. The net rentable area is 4,500 square feet.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1985
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,645 SF
    Lot 0.12 ac (5,250 SF)
    APN 51-004-00-0083
    UPID US63-6164481
    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
    • Executive Auto Sales Car Dealership
    • HVAC Drafting & Design Inc Renovation Specialist (Bike/Boat/Book/etc) Store
    • Executive Auto Collision Auto Repair Shop
    • Life Coach Inc Loan Service Bank
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Executive Auto Collision & Towning
    Executive Auto Collision & Towning
    since 2025
    6 recorded transactions
    2025
    2011
    $550,000
    2006
    $10
    2006
    $523,500
    2004
    $425,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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