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NewLuxury

$1,925,000

11 days on market

557 Hempstead Turnpike

Elmont, NY 11003

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

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Built

Listing narrative

Description

Package deal: 555 Hempstead Turnpike and 557 Hempstead Turnpike all vacant, 2 adjoining parcels for development opportunity; 557 Hempstead is a finished paved 4535sqft corner lot with exposure to 3 streets (North/East/South) having 55ft frontage (Hempstead Tpke) or 100 ftt frontage combined with 555 Hempstead Tpke. Commercial zoning; Along a high-visibility commercial corridor with convenient access to Queens, NYC, and surrounding Long Island communities. This package features existing residential and commercial storefront components, garage and storage space, and an expansive paved outdoor area offering potential for off-street parking. Ideal for investors, business owners, and developers, the property presents opportunities for rental income, business operations, and future redevelopment. Great for motel, mixed-use expansion, car parking lot/dealership, personal/service uses, and more. Near UBS Arena and Belmont Park. See separate listing for 555 Hempstead Turnpike.

Listing agent (MLS): Roody Casseus · Listing brokerage (MLS): OneSpace Realty Group LLC

Property Details

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Price

$1,925,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Unimproved Land

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

0.11 acres

Year

Year n/a

Status

New

Days on Market

11

· 8% down, 7% APR, 30yr fixed
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Courtesy of OneSpace Realty Group LLC