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Property profile & analytics
OFF-MARKET
Investment properties

275 Hempstead Tpke West Hempstead, NY 11552-1539

200 SF 0.28 ac lot Built 1905
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US63-0047369
Property summary
AI-generated overview

This exceptional 1,200 square foot storefront retail space is located at 275 Hempstead Turnpike in Nassau County, offering a fantastic opportunity for a single-tenant business. The property is part of a larger 9,500 square foot building, situated on a single story with convenient access to public transportation. The space is currently vacant and ready for immediate occupancy. Nearby amenities include the West Hempstead Fire Department, a barbershop, gym, restaurants, and a Dollar Tree, indicating a vibrant and established local community. Public transportation options are readily available, with the N6 bus line stopping at nearby Maplewood Street and Arden Boulevard, and the LIRR West Hempstead Station a short 10-minute walk away. The property's location on Hempstead Turnpike ensures high visibility and accessibility for customers. While there is no on-site parking, the surrounding residential area and public transportation options provide ample access for patrons. This storefront presents a unique chance to establish or expand a business in a thriving West Hempstead neighborhood. The building features a single story and no elevators. The cross street is Maplewood Street. This is a single-tenant occupancy property.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1905
Construction FRAME
Total area 200 SF
Lot 0.28 ac (12,327 SF)
APN 35-354-00-0138
UPID US63-0047369
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
  • Lester A. Davis: Allstate Insurance Insurance Agency
  • Team Unique 516 Car Wash
  • J Gimbel (Bike/Boat/Book/etc) Store Home Decor Store
  • Long Island Printhouse Factory Production Facility
  • Riders GPS Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
26-275 Hempstead Tpke LLC · 14 yrs held
26-275 Hempstead Tpke LLC
since 2012
5 recorded transactions
2012
$636,000
2004
$1.0M
2000
$1.9M
1992
$650,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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