Project Description

For Sale: Retail Building in Hempstead, New York

415  Clinton St, Hempstead, NY 11550

Executive Summary:

Price: $675,000
Building Size: 2,040 SF
Property Type: Retail
Lot Size: 0.05 Acres
Year Built: 1969
Cap Rate: 7.09%
NOI: $47,860
Location:
415 Clinton St
Hempstead, NY 11550

Investment Highlights

  • Vacant Retail Building in Hempstead
  • Corner Property With Great Frontage
  • Strong Traffic Counts on Clinton St
  • Surrounded by Local Retail & Transportation Options
  • Ideal Opportunity for an Owner-User with a Retail Business
  • Great Lease-Up Opportunity for a Savvy Investor

Investment Overview

American Investment Properties has been exclusively retained to sell the retail building located at 415 Clinton St, Hempstead, New York. The property features approximately 2,040 square feet of retail space, 680 SF of a half-basement, and sits on 0.05 acres.

Additionally, this property sits on a corner lot with great visibility and wide frontage on Clinton St. Clinton Street has high traffic counts and is located near many modes of local transportation.

About Hempstead, NY

The Town of Hempstead is among the three towns known as civil townships located in Nassau County, Long Island, New York. There is a total of twenty-two incorporated villages completely or partially in the town.

Hempstead has a number of institutions of higher learning such as Hofstra University, New York University and Nassau Community College and more. The Town of Hempstead Department of Parks and Recreation is one of the largest municipal park systems in the United States. It has a total of 65 parks and marinas that offer numerous activities for all ages including sports, cultural arts, concerts, aquatics, and recreation.

Contact Broker

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
President
Ron@aiprops.com
(O) 516.393.2300
(F) 516.390.5780

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