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About This Home

This 0-bedroom, 0-bathroom single family at 352 Hempstead Avenue in West Hempstead, NY is listed for $1,450,000. Built in 1925, on a 0.05 acres lot.

Agent 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.

Key Features

  • Built in 1925
  • 0.05 acre lot

Property Details

1 story
1925

Monthly Cost Estimate

$7,755/mo

20% down · 6.5% · 30 years

Principal$1,049
Interest$6,283
Insurance$423

Estimates only. Actual payments may vary.

Location

352 Hempstead Avenue

West Hempstead, NY 11552

Property Details

Construction

Brick

Heating

Steam

Questions & Answers

This 0-bedroom, 0-bathroom single 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.

AT

Afshin Termechi

Agent at Keller Williams Landmark II

(347) 846-1200

Listed by Keller Williams Landmark II

MLS# 913604· Source: listhub· Updated 259 days ago

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352 Hempstead Avenue, West Hempstead, NY 11552

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