$5,580,000
●
Commercial -
For Sale
158 Main Street
Hempstead, NY 11550
Studio
0 Bath
$41,733
Estimated Monthly
$0
HOA / Fees
-2.68%
Cap Rate
About This Property
This prime retail investment property is at 158 Main Street,
Hempstead, NY. Located in the heart of Hempstead, it boasts an
impressive annual net operating income of $305,464 This 22,753
square-foot retail strip offers eleven stores, with only one store
vacant, ensuring consistent rental income. What sets this property
apart is its minimal management requirements, making it an
excellent choice for both seasoned and novice investors. Situated
in a high-traffic location next to a large parking lot and the
Hempstead LIRR station, this investment promises visibility and
convenience, making it a lucrative opportunity in the bustling NYC
retail market. Don't miss your chance to secure your financial
future with this straightforward and low-maintenance retail asset.
Unit Size
-
Days on Market
142 days
Land Size
0.42 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$14,333
HOA Dues
-
Year Built
1949
Listed By
Last updated: 23 days ago (OneKey MLS #ONE3521619)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2023 | Listed by B Square Realty Inc | $5,580,000 | |
| Listed by B Square Realty Inc | |||
| May 29, 2015 | Sold | $2,900,000 | |
| Sold | |||
Property Highlights
Exterior Details
Property Information
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Acres: 0.42
Lot Size Square Feet: 18150
Financial Details
Tax Annual Amount: $172,000
Location Details
Directions: Google Maps
County or Parish: Nassau
Other Details
On Market Date: 2023-12-18
158 Main Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Hempstead
Similar Homes for Sale
Nearby Rentals
Last Updated: 23 days ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
