352 Hempstead Ave
Listing Notes
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.
Price in context
Cheaper than 8% of the 24 homes listed nearby right now, which run $749,000 to $1,695,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 361 Walton St | $749,000 | 4 bd · 1 ba |
| 265 Marshall Ave | $749,000 | 4 bd · 2 ba |
| 234 Sycamore St | $760,000 | 3 bd · 3 ba |
| 93 Woodview Rd | $769,000 | 3 bd · 3 ba |
| 530 Washington Ave | $775,000 | 3 bd · 2 ba |
| 436 Bedell Ter | $779,000 | 3 bd · 3 ba |
| 48 Poplar St | $799,000 | 4 bd · 2 ba |
| 303 Nassau Blvd | $800,000 | 4 bd · 3 ba |
| 89 Osborne Rd | $815,000 | 4 bd · 2 ba |
| 474 Roy St | $839,000 | 4 bd · 2 ba |
| 270 Bedell Ter | $849,000 | 3 bd · 2 ba |
| 323 Richard St | $849,000 | 3 bd · 2 ba |
| 126 Oakland Ave | $850,000 | 3 bd · 2 ba |
| 321 Oakford St | $868,888 | 4 bd · 2 ba |
| 137 Sycamore St | $899,000 | 3 bd · 2 ba |
| 117 Walnut St | $899,999 | Studio |
| 356 Woodfield Rd | $975,000 | 4 bd · 4 ba |
| 445 Nassau Blvd | $999,000 | 4 bd · 4 ba |
| 571 Park Ave | $1,125,000 | 5 bd · 2 ba |
| 23 Westminster Rd | $1,175,000 | 4 bd · 3 ba |
| 243 Spruce St | $1,199,000 | 4 bd · 4 ba |
| 29 Baldwin Dr | $1,295,000 | 4 bd · 4 ba |
| 412 Coolidge St | $1,349,000 | 6 bd · 4 ba |
| 73 Stratford Rd | $1,695,000 | 5 bd · 3 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more