
$8,990,000 USD
Commercial for Sale, 17 Maple Drive, North Hempstead, New York 11021
- MLS#959080
Listed By B Square Realty
The Commercial Property for Sale located at 17 Maple Drive, North Hempstead, New York 11021 is currently for sale. 17 Maple Drive, North Hempstead, New York 11021 is listed for $8,990,000.
Property features
Property
- Features: ElevatorsBasement
Lot/Land
- Land/Lot size:
923 m² (9,936 ft²)
Construction
- Year built: 1971
- Construction: Brick
- Basement and foundation: Partially Finished
Heating and Cooling
- Heating system: Hot WaterElectric
- Cooling system: Central AC
Description
Ultra-prime 1031 exchange investment opportunity in the heart of Great Neck Plaza’s busiest commercial corridor. Fully occupied mixed-use commercial building featuring 10 tenants (5 retail + 5 office) with strong, in-place cash flow. Current annual income exceeds $800,000, delivering a rare close to 7% cap rate in a core, transit-oriented downtown location.
The property offers long-term stability with significant upside potential. Located in the Business “B” District, which is undergoing zoning modernization encouraging mixed-use redevelopment, allowing for future value enhancement through reconfiguration or repositioning. Steps from LIRR, surrounded by national and local retailers, restaurants, and essential services.
Ideal for investors seeking immediate yield, capital preservation, and future redevelopment or income growth potential in one of Long Island’s most established downtown markets.
Location
17 Maple Drive, North Hempstead, New York 11021