Property profile

79 Hempstead Tpke West Hempstead, NY 11552

OFF-MARKET
Turn key restaurants
Property ID
US63-0259242
1,239 SF 0.37 ac lot Built 1983
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a single-story commercial building in West Hempstead with approximately 9,204 square feet of space situated on a lot of approximately 16,500 square feet. It features a flexible, open interior layout that can be reconfigured, with parking provided at both the front and rear. The building is located on Hempstead Turnpike, offering street frontage and straightforward access, including connectivity toward major highways and regional transportation routes for access to NYC and JFK Airport. The site is positioned near major retail and service destinations, including Target and Home Depot, and is adjacent to Wendy’s and across from Flagstar Bank. The property is configured to support a range of permitted commercial uses, including retail, showroom, medical, professional office, restaurant, event space, and other allowed uses, with potential for adaptive reuse, subject to zoning and required approvals.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,239 SF
Lot 0.37 ac (16,117 SF)
APN 35-365-00-0004
UPID US63-0259242

Cap rate & NOI

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

Location

79 Hempstead Tpke West Hempstead, NY 11552-2124
West Hempstead metro Census 406001 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.92M
Blend (final) Blend
$2.05M

Owner & transaction history

since 2025
Last sale
$2.0M
4 recorded transactions
2025
$1.2M
2022
$2.0M
2006
Price N/A
2005
Price N/A

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
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?”
You own 79 Hempstead Tpke?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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