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46/50 Fulton Avenue
Hempstead NY 11550 US

$10,000,000

Active Listing ID 888770
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Lot: 0.95 Acres
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Retail

$10,000,000

Active Listing ID 888770
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46/50 Fulton Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.95 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Features
  • Cooling System: Electric
  • Heating Fuels: Electric (Heating)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 10000000
  • unparsedaddress: 46/50 Fulton Avenue
  • postalcity: Hempstead
  • stateorprovince: NY
  • country: US
  • postalcode: 11550
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.95
  • lotsizeunits: Acres
  • lotsizearea: 0.95
  • livingarea: 18784
  • livingareaunits: Square Feet
  • listagentfullname: Paul Q. Zhou CBR
  • listagentemail: PaulZhou07@gmail.com
  • listagentkey: 3yd-MLSLINY-175867
  • listagentmlsid: 175867
  • listagentpreferredphone: 7187903288
  • listagentofficephone: 5164820200
  • listofficekey: 3yd-MLSLINY-NYGC01
  • listagentstatelicense: 10301223156
  • listofficemlsid: NYGC01
  • disclaimer: Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1983
  • listingcontractdate: 2025-07-14
  • countyorparish: Nassau County
  • parcelnumber: 2013-34-295-00-0051-0
  • cooling: Electric
  • constructionmaterials: Brick
  • heating: Electric (Heating)
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 50
  • parkingfeatures: Parking Lot
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"KELLER WILLIAMS REALTY GOLD COAST", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"PaulZhou07@gmail.com", "ListBrokerageCity":"Manhasset", "ListBrokerageCountry":"US", "ListBrokerageEmail":"marylogalbo@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/b022c6413d4911eea9150242ac110004/20230818134046862.png", "ListBrokerageName":"KELLER WILLIAMS REALTY GOLD COAST", "ListBrokeragePhone":"(516) 482-0200", "ListBrokeragePostalCode":"11030", "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":"Suite# 410", "ListBrokerageUnparsedAddress":"1129 Northern Blvd.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1129 Northern Blvd Ste 410", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"120899", "ListOfficeCity":"Manhasset", "ListOfficeCountry":"US", "ListOfficeEmail":"marylogalbo@kw.com", "ListOfficePostalCode":"11030", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Retail - Hempstead, NY", "ListingURL":"https://listings.listhub.net/pages/MLSLINY/888770/?channel=rexren", "MLSModificationTimestamp":"2025-07-14T22:40:47Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Retail", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":185000, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/15/2025 4:33:59 AM GMT
Source Updated Date: 12/5/2025 6:45:57 AM GMT

Courtesy of: Paul Q. Zhou CBR, Keller Williams Rty Gold Coast, PaulZhou07@gmail.com

Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.