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487-503 Hempstead Ave

12,400 SF Vacant Industrial Building West Hempstead, NY 11552 $3,350,000 ($270/SF)

Investment Highlights

  • User / Investor Opportunity!
  • Full HVAC, Gas heat, Ample power
  • Great Exposure on busy road

Executive Summary

PRICE REDUCED!
This 12,400 sf multi-tenanted industrial-flex building offers great exposure on heavily traveled Hempstead Ave with access to loading directly from Hempstead Ave. Street parking + Municipal lot adjacent to property. Ideal for light industrial, office and retail use. RE Taxes: $54,262.93 /yr. Currently, one tenant occupying 1,400sf paying +/- $3,000 /mo.

Property Facts

Price $3,350,000
Price Per SF $270
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Storefront
Building Class C
Lot Size 0.41 AC
Rentable Building Area 12,400 SF
No. Stories 1
Year Built 1956
Clear Ceiling Height 13 FT
No. Drive In / Grade-Level Doors 1

Utilities

  • Sewer
  • Heating - Gas
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2089-35-324-00-0028-0
Land Assessment
$1,807
Improvements Assessment
$1,369
Total Assessment
$3,176

zoning

Zoning Code L1 (Light Industrial)
L1 (Light Industrial)
  • Listing ID: 31158198

  • Date on Market: 3/8/2024

  • Last Updated:

  • Address: 487-503 Hempstead Ave, West Hempstead, NY 11552

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