| MLS # | 888770 |
| Construction Year | 1983 |
| Taxes (per year) | $185,000 |
| Fuel Type | Electric |
| Heat type | Electric |
| LIRR | 0.4 miles: "West Hempstead" |
| 0.8 miles: "Hempstead" | |
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Prime Hempstead strip mall investment opportunity featuring two well-maintained commercial buildings totaling approximately 17,500 sq ft of retail space on a 0.95-acre corner lot (39,703 sq ft). The property offers 15 storefronts, currently occupied by 11 tenants—many with tenancies spanning over 20 years. With 50 dedicated customer parking spaces and a high-visibility location in the fast-growing town of Hempstead, surrounded by national retailers and heavy traffic, this asset delivers strong performance and stability. Generating $637,000 in annual net income at a 6.38% cap rate, it presents a rare opportunity for reliable cash flow and long-term upside. © 2025 OneKey™ MLS, LLC







