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About This Home
This 3-bedroom, 4-bathroom residential multi family at 352 Hempstead Avenue in West Hempstead, NY is listed for $1,450,000. Built in 1925, on a 0.05 acres lot.
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.
Key Features
- Built in 1925
- 0.05 acre lot
Property Details
Monthly Cost Estimate
$7,755/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
352 Hempstead Avenue
West Hempstead, NY 11552
Property Details
Construction
Parking
Heating
Questions & Answers
This 3-bedroom, 4-bathroom residential multi family at 352 Hempstead Avenue is listed at $1,450,000. The estimated monthly payment is $6,283 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.05 acre lot.
This property is listed by Afshin Termechi and can be reached at 3478461200 or afshin@adasells.com.




