USANYHempstead29 & 21-23 Broadway
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New
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$4,700,000

For Sale

19 hours ago

29 & 21-23 Broadway, Hempstead, NY

MLS® 1019407

0 Bed

0 Bath

--

3000 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $63,255
Days Active 0
Approx. Age 1920
MLS® Number 1019407

Property Address: 29 & 21-23 Broadway, Hempstead, NY, 11563

Average square foot calculated using Size range provided by listing agent.

Description

Attention All Investors, & Developers!!!, and End-Users! These 2 Buildings = 28, 164 SQFT Office /Multiuse or Multi-Purpose Building on a Great lot in Lynbrook is now available for sale! The building offers exceptional signage, Total SQFT (31, 101) Prime exposure, and strong zoning, with parking spaces, high ceilings, a skylight, and central air conditioning. Located in the heart of Lynbrook, just 2 blocks from the Lynbrook LIRR station, the property is ideally situated between Broadway & Merrick Road. Nearby neighbors include Starbucks, Audi, Acura, Volkswagen, Northwell Health, Bethpage Federal Credit Union, Dunkin', McDonald's, Enterprise Rent-A-Car, Stand-Up MRI, Karako Suits, Cold Stone Creamery, Regal Cinemas, White Castle, IHOP, KFC, and many more. With a daily traffic count of over 20, 000 vehicles, this is a prime location for your next investment! Beautiful Invesment Opportunity, Great Traffic, Can Build Residential Homes up to 5-6 Stories and Tripple the NOI. Building #1 Gross Income $267, 567 and Expenses is $40, 135 Taxes $47, 248 NOI = $180, 184.00 its a LAW FIRM and next to it is Building #2 Collectibles Antique store Gross Income is $89, 373 and Expenses is $13, 406 and Taxes is $16, 007 NOI = $59, 960. Great Potential here as Owner is currently renting at Extremely Cheap rates now at $18.00 SQft and $8.00 SQft. With short term LEASES. Parking Lot for collectibles Included, Great Opportunity to Reconstruct for Mixed Use Developments and Residential uses Permitted above a certain floor level as its Commercial zoned for Any Multiple Use or Multi-Purpose.
MLS® Number1019407
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 2, 2026List Date
$4,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
29 & 21-23 Broadway, Hempstead, NY

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