Courtesy of: Paul Q. Zhou CBR, Keller Williams Rty Gold Coast, PaulZhou07@gmail.com
Courtesy of: Paul Q. Zhou CBR, Keller Williams Rty Gold Coast, PaulZhou07@gmail.com
$10,000,000
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Lot: 0.95 Acres
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Retail
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$10,000,000
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.
Courtesy of: Paul Q. Zhou CBR, Keller Williams Rty Gold Coast, PaulZhou07@gmail.com
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