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24-26 Main St
Hempstead, NY 11550

Office Property For Sale

Investment Highlights

  • For Sale: Retail & Office Building in Hempstead, NY
  • Restaurant Tenant has a Lease Expiring in 2027 with 3% Increases in Rent
  • High Ceilings
  • Nassau County Tenant is Month-to-Month
  • Property has a Basement (Nassau County Occupied)
  • Located Near Front St, Peninsula Blvd, Fulton Ave, and Several Other Major Roadways

Executive Summary

At this location is a retail and office building that has multiple tenants. The building has a basement and high ceilings throughout. This property is also located near Front St, Peninsula Blvd, Fulton Ave, and several other major roadways.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
25,806 SF
Building Class
C
Year Built
1948
Price
$3,499,000
Price Per SF
$136
Cap Rate
7.52%
NOI
$262,954
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,903 SF
Building FAR
1.21
Land Acres
0.49 AC
Opportunity Zone
Yes
Zoning
Commercial

Amenities

  • Restaurant
  • High Ceilings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2013-34-340-00-0008-0
Land Assessment
$7,413
Improvements Assessment
$24,529
Total Assessment
$31,942
  • Listing ID: 34149278

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 24-26 Main St, Hempstead, NY 11550

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