Retail Strip in Hempstead, NY

238 Front St Hempstead, NY 11550

238 Front St , Hempstead, NY, 11550
238 Front St , Hempstead, NY, 11550 238 Front St , Hempstead, NY, 11550 238 Front St , Hempstead, NY, 11550 238 Front St , Hempstead, NY, 11550 238 Front St , Hempstead, NY, 11550 238 Front St , Hempstead, NY, 11550 238 Front St , Hempstead, NY, 11550 238 Front St , Hempstead, NY, 11550
FOR SALE
Property Type:
Street Retail
Amount:
$5,750,000
Cap Rate:
0.00%
Last Verified:
Mar 29, 2024

• Fully-Occupied Retail Strip in Hempstead, NY • Tenants Pay for their Own Utilities • 127 Feet of Frontage on Front St • High Traffic Counts: 21,870 Cars Per Day • On-Site Parking with 17 Spaces • On the Corner of a Signalized Intersection • Located Under 1 Mile From the West Hempstead Train Station • Surrounded by National Credit Retail Tenants such as McDonald's, Pep Boys, TJ Maxx, Rainbow Shops, Harbor Freight Tools, and Many More

Map of 238 Front St , Hempstead, NY, 11550

Presented by:
American Investment Properties

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Ron Koenigsberg


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.