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Type: Commercial    Size: 6,060 sf
306-312 Jerusalem Avenue - Hempstead, NY
PROPERTY ID#: 
47858
 
PRICE: 
$995,000
 
LOT SIZE: 
 
PRIMARY TYPE: 
Commercial
 
SUB-TYPE: 
 
CAP RATE: 
 
NOI: 
$8
 
BUILDING SIZE: 
6,060 sf
 
Contact Broker
Ted Houvouras
Basic Member
Massey Knakal
P: 718-512-2601
 
 

    Description    More Details
Corner retail strip at traffic light, directly across from CVS Pharmacy. 7.9% CAP rate. 3 retail units (beauty parlor, barber, restaurant) with 5% rent increases annually + 2 Section 8 apartments (3BR) above which renew annually. Owner retiring, restaurant can be delivered vacant. Great exposure, Jerusalem Ave is busy and well trafficked. 6 parking spaces in side driveway plus 2 garage spaces, plus abundant street parking. Owner retiring. Excellent opportunity for investor or owner/user looking for unique location at stoplight across from CVS. Click "SETUP" below for photos + financial data.
 
Type: Commercial    Size: 2,840 sf
RETAIL BUILDING FOR SALE - Hempstead, NY
PROPERTY ID#: 
23525
 
PRICE: 
$465,000
 
LOT SIZE: 
 
PRIMARY TYPE: 
Commercial
 
SUB-TYPE: 
 
CAP RATE: 
 
NOI: 
 
BUILDING SIZE: 
2,840 sf
 
Contact Broker
Stephen Preuss
Basic Member
Massey Knakal
P: 718-512-2118
 
 

    Description    More Details
A one-story commercial building with full basement and a new roof on the West Side of Clinton Street just South of the Garden City border in Hempstead, NY. The building consists of one retail store, currently rented by a food market & deli. The tenant pays all expenses and the increase in taxes over the base year of the lease. Possible village tax reduction with court appearance scheduled this October. The lease expires in approximately five years in 2012 and has 3% rent increases per year. The property is centrally located with excellent visibility and transportation making for a prime...
 
Type: Commercial    Size: 7,394 sf
556 Peninsula Boulevard - Hempstead, NY
PROPERTY ID#: 
24778
 
PRICE: 
 
LOT SIZE: 
 
PRIMARY TYPE: 
Commercial
 
SUB-TYPE: 
 
CAP RATE: 
 
NOI: 
 
BUILDING SIZE: 
7,394 sf
 
Contact Broker
Brian Sarath
Basic Member
Massey Knakal
P: 718-275-3400 ext 2616
 
 

    Description    More Details
The subject property consists of three separate lots which contain one single story commercial building and parking. The subject property is located at the corner of Peninsula Boulevard and Tyler Avenue, about one half of a mile away from the Southern State Parkway in Hempstead. The building is approx. 7,394 sq. ft. The total square footage of the three lots are 12,996 sq. ft. The property will be delivered vacant.
 
Type: Development/Condo-Conversion
Residential Development Site For Sale - Hempstead, NY
PROPERTY ID#: 
23864
 
PRICE: 
$435,000
 
LOT SIZE: 
 
PRIMARY TYPE: 
Development/Condo-Conversion
 
SUB-TYPE: 
 
CAP RATE: 
 
NOI: 
 
BUILDING SIZE: 
 
Contact Broker
Thomas Donovan
Basic Member