158 Main Street, Hempstead, NY 11550

$5,580,000

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List Price
$5,580,000
Days on Market
233
MLS#
L3521619
Status
PENDING
Property Tax
$172,000
Neighborhood
Hempstead

Property Description

This prime retail investment property is at 158 Main Street, Hempstead, NY. Located in the heart of Hempstead, it boasts an impressive annual net operating income of $305,464 This 22,753 square-foot retail strip offers eleven stores, with only one store vacant, ensuring consistent rental income. What sets this property apart is its minimal management requirements, making it an excellent choice for both seasoned and novice investors. Situated in a high-traffic location next to a large parking lot and the Hempstead LIRR station, this investment promises visibility and convenience, making it a lucrative opportunity in the bustling NYC retail market. Don't miss your chance to secure your financial future with this straightforward and low-maintenance retail asset., Building Size:22753

Additional Information

Acres
0.42
Stories
2

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Listing courtesy of Listing Agent: Li Li (barbieli@bsquarerealty.com) from Listing Office: B Square Realty Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.