Office Space
300 Hempstead Turnpike West Hempstead, NY 11552
Details & Description
Price: $6,240,000
    Description: Retail center consisting of 17 retail tenants in West Hempstead Neighborhood: West Hempstead Lot Size: 32,375 SF Building Size: 31,710 SF Number of Stories: 3 Parking: 55 parking spots in front of the centwe and in the back Year Built: 1966 Transportation: [n6] bus stations Nearby Retailers: Dollar Tree, CVS Pharmacy, Game Stop, Chase Bank, Rite Aid and more Asking Price: $6,240,000Highlights: Multi-level office & retail center Located on a hard intersection of Hempstead Turnpike and Arden Avenue 55 parking spots in front & back of the center Strong retail corridor with heavy foot & car traffic on both sides of the streets Over 40,000 cars pass per day Significantly below market rents ~ average of $22.35 PSF National Tenants nearby include: Dollar Tree, Savers, People’s United Bank, Stop & Shop, GameStop, Payless, CVS, Chase Bank, Rite Aid, Cohen’s Optical, and many more Multiple local bus stops right in front of the center and the LIRR is nearby NOI- $ 383,700 CAP- 6.15 % Price- 6,240,000
    Listing Agents
    Michelle Abramov

    O: 718-663-2652
    mabramov@ripcony.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    300 Hempstead Turnpike

    West Hempstead, NY 11552

    Listing ID: 148340
    300 Hempstead Turnpike West Hempstead, NY 11552 | for Sale | Photo 1
    Building Size: 31,710 SF
    Lot Size: 0.750 AC
    Land Size: 32,670 SF
    Building $/SF: $196.78
    Land $/SF: $191.00
    Price
    $6,240,000
    Description

    Description: Retail center consisting of 17 retail tenants in West Hempstead
    Neighborhood: West Hempstead
    Lot Size: 32,375 SF
    Building Size: 31,710 SF
    Number of Stories: 3
    Parking: 55 parking spots in front of the centwe and in the back
    Year Built: 1966
    Transportation: [n6] bus stations
    Nearby Retailers: Dollar Tree, CVS Pharmacy, Game Stop, Chase Bank, Rite Aid and more
    Asking Price: $6,240,000

    Highlights:

    Multi-level office & retail center
    Located on a hard intersection of Hempstead Turnpike and Arden Avenue
    55 parking spots in front & back of the center
    Strong retail corridor with heavy foot & car traffic on both sides of the streets
    Over 40,000 cars pass per day
    Significantly below market rents ~ average of $22.35 PSF
    National Tenants nearby include: Dollar Tree, Savers, People’s United Bank, Stop & Shop, GameStop, Payless, CVS, Chase Bank, Rite Aid, Cohen’s Optical, and many more
    Multiple local bus stops right in front of the center and the LIRR is nearby
    NOI- $ 383,700
    CAP- 6.15 %
    Price- 6,240,000

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    New York History of Office Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    West Hempstead Area Market Trends

    Listing Demographics for 300 Hempstead Turnpike West Hempstead, NY 11552

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population23,621244,017674,538
    Population Median Age383940
    Population by Age0-9 Yrs2973 (12%)30842 (12%)77479 (11%)
    10-19 Yrs3389 (14%)32241 (13%)83994 (12%)
    20-29 Yrs3322 (14%)32749 (13%)90048 (13%)
    30-39 Yrs2562 (10%)30067 (12%)82330 (12%)
    40-49 Yrs2863 (12%)32357 (13%)87445 (12%)
    50-59 Yrs3571 (15%)34760 (14%)99410 (14%)
    60-69 Yrs2556 (10%)26387 (10%)78704 (11%)
    70+ Yrs2384 (10%)24614 (10%)75127 (11%)
    Median HH Income$107,686$102,336$100,617
    Total Household Income< 24K774 (10%)7940 (10%)22373 (10%)
    25-49K856 (11%)9650 (13%)28373 (13%)
    50-74K842 (11%)9253 (12%)27591 (13%)
    75-99K923 (12%)9419 (12%)26847 (12%)
    100-199K2592 (35%)25091 (33%)72304 (34%)
    200K+1244 (17%)12701 (17%)34071 (16%)
    Highest Education LevelNo Diploma15862082454048
    Diploma or GED371739794115991
    Some College23632679377043
    Assoc. Degree14081314439070
    Bachelors Degree313335883102892
    Higher Degree30552706477685
    Total Housing Units7,73277,945222,256
    --Owner-Occupied5,83755,571163,861
    --Renter-Occupied1,39418,48547,699
    Owner-Occupied Values< 100K24113874253
    100-199K22112004661
    200-299K201551815107
    300-399K14801298637292
    400-499K16011230540807
    500K+20922217461742
    Total Working Age Population18,890194,785548,308
    In Work Force12,327127,856358,422
    Not In Work Force6,56366,929189,886
    Workforce Employed11,784122,296340,323
    Workforce Unemployed5335,49817,857
    Civlian Workforce12,317127,794358,180
    Military Workforce1062243
    Total Households7,23174,055211,560
    Family Households5,60057,385162,434
    Non-Family Households1,63116,67049,126
    Married Couple4,18141,931120,967
    Other Family1,42015,45441,466
    Married w/Child1,90819,30651,960
    Single Male w/Child1371,3593,832
    Single Female w/Child4854,65711,200

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Queens County2,229,37902,230,722+92,436,549+52,565,268
    Nassau County1,334,54401,339,532+41,386,500+31,432,859

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 300 Hempstead Turnpike in West Hempstead?
    The asking price for 300 Hempstead Turnpike is $6,240,000
    What is the building size of this Office property in West Hempstead, NY?
    The size of the building/unit at 300 Hempstead Turnpike in West Hempstead is 31,710 square feet
    How much land does the West Hempstead, NY property at 300 Hempstead Turnpike include?
    300 Hempstead Turnpike in West Hempstead includes 0.750 acres of land
    What is the population within 1 mile of 300 Hempstead Turnpike in West Hempstead?
    The population within 1 mile of 300 Hempstead Turnpike West Hempstead, NY 11552 is 23,621 people.
    Who do I contact for questions about 300 Hempstead Turnpike?
    You should contact the listing agent, Michelle Abramov, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    John F Kennedy International Airport (JFK) 8
    La Guardia Airport (LGA) 13
    Newark Liberty International Airport (EWR) 27
    Price
    $6,240,000
    Listing Agent
    More listings from Michelle Abramov
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Cleaning Company •
    Spotless Cleaning logo
    A clean, sanitized office is here!

    Share
    Other property types near West Hempstead, NY