NY
Nassau
Hempstead
11550
46/50 Fulton Avenue
46/50 Fulton Avenue, Hempstead, NY 11550
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Listing Type
Commercial/Industrial
Listing Status
active
10
$10,000,000

Home Details for 46/50 Fulton Avenue

Price
$10,000,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1983
Lot size acres
0.95
County
Nassau
Garage
Days on site
69
MLS Listing#
888770
Property Description

Prime Hempstead strip mall investment opportunity featuring two well-maintained commercial buildings totaling approximately 17,500 sq ft of retail space on a 0.95-acre corner lot (39,703 sq ft). The property offers 15 storefronts, currently occupied by 11 tenants—many with tenancies spanning over 20 years. With 50 dedicated customer parking spaces and a high-visibility location in the fast-growing town of Hempstead, surrounded by national retailers and heavy traffic, this asset delivers strong performance and stability. Generating $637,000 in annual net income at a 6.38% cap rate, it presents a rare opportunity for reliable cash flow and long-term upside.

Property Features
  • Utilities
    • Natural Gas Available
    • Electricity Connected
    • Natural Gas Connected
  • Cooling Information
    • Electric
  • Heating Information
    • Electric
  • Water Features
    • Public
  • Parking
    • Parking Lot
Listing Courtesy: Keller Williams Rty Gold Coast - 516-482-0200
Presented by: Paul Q. Zhou CBR
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
EXIT REALTY ALL CITY
230-16 Merrick Blvd, Laurelton, NY 11413
Office
718 276 0070
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