542 East Meadow Avenue, Hempstead, NY 11554

  • $1,300,000
Active
542 East Meadow Avenue, Hempstead, NY 11554
  • $1,300,000

Overview

Property ID: 802429
  • Retail, Commercial Sale
  • Property Type
  • 4000
  • Square Feet

Description

Prime Mixed-Use Property for Sale: Great Location & Strong Rental Potential

Located on the highly trafficked East Meadow Avenue, this property offers 2 spacious 12 x 22 storefronts and a 2-bedroom, 2-bath residential unit in a busy retail corridor. With ample parking—including a 3-car driveway, 1-car garage, and free parking in front—this property is ideal for businesses and tenants.

Renovated in 2018, it features a modern kitchen, updated baths, and a finished basement with outside entrance (OSE), plus a large backyard. The annual rental revenue potential is approx. $91,000+. Additionally, permits are in place for a second-floor expansion, providing opportunities for further growth.

This versatile property is perfect for investors or business owners looking for income and expansion potential.

Details

Updated on January 8, 2025 at 7:34 pm
  • Property ID: 802429
  • Price: $1,300,000
  • Property Size: 4000 Square Feet
  • Garage Size: x x
  • Property Type: Retail, Commercial Sale
  • Property Status: Active

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Jerry Wang
  • Jerry Wang