




Listed By Daniel Gale Sothebys Intl Rlty
The Commercial Property for Sale located at 145 Main Street, North Hempstead, New York 11050 is currently for sale. 145 Main Street, North Hempstead, New York 11050 is listed for $2,900,000.
$2,900,000 USD
Commercial for Sale, 145 Main Street, North Hempstead, New York 11050
- MLS#836313
Property features
Property
- Features: BasementStorage Space
Construction
- Year built: 1923
- Construction: Block
- Basement and foundation: Partially Finished
Heating and Cooling
- Heating system: Natural Gas
- Cooling system: Central AC
Description
We are happy to facilitate the sale of this iconic bank building situated at a prime location on the corner of Main Street and Central Drive in busy downtown Port Washington. This majestic and well-known property is within walking distance of the Long Island Railroad, with a quick 45 minute train ride to Penn Station NYC, and is close to restaurants, shops, and entertainment venues. Perfect for investors seeking to grow their portfolio or for end user, the approximately 10,000 SF of office space is offered Vacant, or subject to a NNN lease which runs through June, 2031, and currently generates a 7% CAP rate. The tenant, MID-SHIP Group, is a global leader in dry bulk cargo shipping, serving over 1,400 ports worldwide and offering comprehensive services including ocean freight, inland logistics and technology solutions. The 2-story building has a full basement with a gym and loads of storage space, and there is a 21-car parking lot in the rear. This unique building has a classic interior with vaulted ceilings and massive windows that allow for an abundance of natural lighting. There is a new roof on the building, a new gas boiler, and a backup generator. This is a one-of-a-kind investment opportunity or end user.
Location
145 Main Street, North Hempstead, New York 11050