352 Hempstead Avenue, West Hempstead, NY 11552
Nassau County
Key Facts
Description
Exceptional investment opportunity in the Heart of West Hempstead! Features a 4-Unit Mixed-Use Corner Building with a detached 2 Car Garage. The property features 20+ feet of frontage on high-traffic Hempstead Avenue, excellent signage and exposure. Equipped with 3-phase industrial electrical service (300 amps). 1st Floor Offers Store-Tattoo parlor with full basement $3,000 month ($36,000/year – can be delivered vacant) and Studio apartment $1,500 month ($18,000/year), 2nd Floor Units Offer a 2-bedroom apartment $2,400 month ($28,800/year), a 1-bedroom apartment $2,300 month ($27,600/year), and detached 2 car garage rental $500 month ($6,000/year). Zoned for flexibility, it’s perfect for investors, developers, or end-users seeking a value-add opportunity or future redevelopment site. Gross annual rental income $116,400 and annual expenses $31,036.25. Located just blocks from the West Hempstead and Hempstead Gardens LIRR stations and surrounded by national retailers. This property offers unmatched visibility, steady cash flow, and tremendous upside. Don’t miss the chance to own a high-yield asset in one of Nassau County’s most desirable corridors.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1925
Stories
2
Living Area
3,960 sq ft
Lot Size
0.05 acres
Days on Market
302
MLS® Listing#
913604
Property Features
Cooling
Heating
Basement
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$26,986
Affordability Calculator
$267,800
Estimated monthly payment
$7,127/mo
Principal $1,071,200 · Est. interest $1,494,419 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in West Hempstead, NY
- $658,491
- Median Listing Price
- 40
- Median Days on Market
- 1,702
- Median Sq Ft
- $372
- Median Price / Sq Ft
- 326
- Active Listings
- This home’s price is 103% above the area median.
- Its price per sq ft is 9% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in West Hempstead, NY.
Location
Points of Interest in West Hempstead, NY
Showing the West Hempstead area map.
Nearby Schools
West Hempstead Union Free School District
Elementary · 0.2 mi away
Chestnut Street School
Elementary · 0.2 mi away
Hebrew Academy of Nassau County
School · 0.3 mi away
George Washington School
Secondary · 0.5 mi away
Hanc West Hempstead
School · 0.5 mi away
St. Thomas the Apostle
School · 0.6 mi away
West Hempstead High School
Secondary · 0.7 mi away
John Street School
Elementary · 0.7 mi away
West Hempstead Middle School
Elementary · 0.7 mi away
David Paterson School
Elementary · 0.8 mi away
Eagle Avenue Middle School
School · 0.9 mi away
Hempstead High School
Secondary · 1.0 mi away
Academy Charter School
School · 1.0 mi away
Sacred Heart Academy
School · 1.0 mi away
Crescent School
School · 1.1 mi away
Winners' Academy
School · 1.2 mi away
Cornwell Avenue School
Elementary · 1.2 mi away
Franklin Square Public Schools
School · 1.3 mi away
Washington Street School
Elementary · 1.3 mi away
Waldorf School of Garden City
School · 1.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 52 Brodhead Road, West Shokan, NY | $950,000 | 3 | 2 | 1,440 |
| 65 Buckout Road, West Harrison, NY | $950,000 | — | — | — |
| 303 Oak Street, South Hempstead, NY | $980,000 | 6 | 5 | 3,185 |
| 1475 Orchard Park Road, West Seneca, NY | $995,000 | — | — | 15,978 |
| 501 Lake Street, West Harrison, NY | $995,000 | — | — | 800 |
| 11-13 Demarest Avenue, West Nyack, NY | $999,000 | 6 | 4 | 2,925 |
Moving Cost Estimate
EXIT Agents in West Hempstead
Listing Courtesy: Keller Williams Landmark II - 3478461200
Presented by: Afshin Termechi
Fair Housing Notice