352 Hempstead Avenue, Hempstead, NY, 11552
$1,339,000
$1,450,000
activeLot Size
2,220 sqft
Year Built
1925
Stories
2
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Exceptional investment opportunity in the Heart of West Hempstead! Features a 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.
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Listed by Afshin Termechi, Keller Williams Landmark II
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Jul 31, 2026, 8:08 PM UTC (date and time MLS GRID Data was obtained). 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.
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