For Sale: Vacant Commercial Land in Elmont, New York

443 HEMPSTEAD TPKE, ELMONT, NY 11003

Executive Summary:

Price:	$3,500,000
Building Size:	—
Property Type:	Land
Lot Size:	18,500 SF
Year Built:	—
Price PSF:	$189.19
NOI:	N/A
Location:	443 Hempstead Tpke, Elmont, NY 11003

Property Highlights

Approved for a Two-Story Mixed-Use Development – featuring 8 Residential Units and 5 Retail Spaces
Approval for 88 Machine Laundromat – Major Value Driver
Approved for Approx. 12 Parking Spaces
Situated in an Established Market with Robust Rental Demand and Mixed-Use Vitality
Located Close to the Cross Island Parkway, Southern State Parkway, and Long Island Expressway
Located Less than 0.75 Miles from UBS Arena, Belmont Park, and Belmont Village Shopping Center
Located on Hempstead Turnpike with High Traffic Counts & Strong Visibility
A Compelling Opportunity for Investors, Developers, and End-Users Seeking a Location with Strong Demographics, Rental Demand, and Long-Term Growth

This is a rare chance to secure both a profitable operating business and a valuable mixed-use real estate investment!

About Elmont, NY

Elmont is an unincorporated hamlet and census-designated place (CDP) located in northwestern Hempstead in Nassau County, New York, United States, along its border with the borough of Queens in the City of New York. The population was 35,265 at the time of the 2020 census.

The hamlet is famous for Belmont Park which hosts the Belmont Stakes, the third leg of the prestigious Triple Crown of thoroughbred racing. Elmont is also home to UBS Arena, home of the NHL’s New York Islanders.

Elmont has tried incorporating itself as a village multiple times, but has been unable to successfully do so.