Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

340 Hempstead Tpke Hempstead, NY 11552

FOR SALE
Drive through restaurants
Property ID
US63-3567762
2,314 SF 0.6 ac lot Built 1971
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
340 Hempstead Tpke, Hempstead, NY 11552 For Sale
$290,000 2,314 SF
340 Hempstead Tpke, Hempstead, NY 11552
View Listing

Property summary

AI-generated overview

The property is a freestanding commercial building totaling 2,314 square feet situated on a 0.60-acre parcel. It is positioned on a hard corner at a signalized intersection along Hempstead Turnpike, with access from both Hempstead Turnpike and New York Avenue via curb cuts. The site provides 34 off-street parking spaces. The building has been configured for restaurant use and is expected to be delivered vacant, and it is located in an area supported by high traffic volumes along Hempstead Turnpike.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$51k
Tax billed · 2023
Assessed value$7k
Assessed land$7k
Effective rate721.17%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$330k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$888/SF
County average, outlier-cleaned · 97 recorded sales of this use type
Observed band · Q1–Q3$349 – $1,547
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.9
Parking Facility12.0
Nursing Home10.0

Location

340 Hempstead Tpke Hempstead, NY 11552
County assessor Recorded deeds · not on file 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
314 Hempstead, West Hempstead, NY 11552-1449 $1,201,000 Oct 2023 2,360 SF
152-154 Hempstead, West Hempstead, NY 11552 $435,000 May 2022 2,800 SF
45 Hempstead, West Hempstead, NY 11552-2122 $5,674,875 Jan 2022 2,000 SF
197 Hempstead, West Hempstead, NY 11552-2119 $2,625,000 Jan 2020 2,208 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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
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
Why this one?
Saved
Reason not saved — we won't ask again