BEDS3
BATHS4 full
MLS#913569
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLWest Hempstead
Property Description
Exceptional investment opportunity in the Heart of West Hempstead! Features a 4-Unit 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Garage: 2
Heating: Steam, Other
Lot Size: 0.05 Acres
Taxes: $26,986
Year Built: 1925
Amenities
Other
Feature Descriptions
Building Area Total: 3960
Days on Site: 197
Exterior: Brick
GarageY/N: Yes
Heating Zones: 4
Maintenance Expense: 250
Maintenance Expense: 250
On Market Date: 2025-09-16
Parcel Number: 2089-35-375-00-0110-0
Parking Features: Garage
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 5
Sewer: Public Sewer
Units: 4
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Water: Public
Local Schools
School District: West Hempstead
Listed By / Shown By
Listing By
Agency Name: Keller Williams Landmark II
Agency Contact: 347-846-1200
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 5,898.82 per month $3,227.07 Principal & Interest $2,248.83 Property Tax $422.92 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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352 Hempstead Avenue | MLS# 913569
This multi-family property located at 352 Hempstead Avenue, West Hempstead, NY 11552 is currently listed for sale with an asking price of $1,450,000. Hempstead Avenue is located within the West Hempstead school district. Search West Hempstead real estate on www.coldwellbankerchoice.com today.