Property profile

275 Fulton Ave Hempstead, NY 11552

OFF-MARKET
Retail properties & Spaces
Property ID
US63-2532680
12,600 SF Built 1905
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 12,600-square-foot retail center located at 275 Fulton Avenue in Hempstead, New York. The property boasts a desirable location with ample parking, accommodating approximately 20 vehicles, including rear spaces. The retail space is currently divided into several well-occupied units, offering a diverse tenant mix. The layout includes approximately 2,200 square feet, 1,300 square feet, 2,600 square feet, and a two-story unit of 2,000 square feet. Adding to its versatility, the property also features a substantial 4,500-square-foot warehouse space, ideal for storage or additional business operations. The warehouse boasts a high ceiling of 16 feet, providing ample vertical space. This property is priced at $2,380,000 and presents a strong return on investment due to its established tenant base and prime location within a busy commercial area of Hempstead. The property sits on a lot with no acreage listed. This is a rare opportunity to acquire a well-maintained, income-producing retail center with significant potential for future growth. Serious inquiries only.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1905
Total area 12,600 SF
UPID US63-2532680

Cap rate & NOI

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

Location

275 Fulton Ave Hempstead, NY 11552
Hempstead metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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
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