46/50 Fulton Avenue, Hempstead, New York 11550
46/50 Fulton Avenue, Hempstead, New York 11550
46/50 Fulton Avenue, Hempstead, New York 11550
46/50 Fulton Avenue, Hempstead, New York 11550
46/50 Fulton Avenue, Hempstead, New York 11550

Listed By Keller Williams Rty Gold Coast

The Retail Property for Sale located at 46/50 Fulton Avenue, Hempstead, New York 11550 is currently for sale. 46/50 Fulton Avenue, Hempstead, New York 11550 is listed for $10,000,000.

Date Updated : Jul 15, 2025

$10,000,000 USD

Retail Property for Sale, 46/50 Fulton Avenue, Hempstead, New York 11550

  • MLS#
    888770
Blue Island Homes !
Blue Island Homes NY

Property features

Lot/Land

  • Land/Lot size: 3,689 m² (39,703 ft²)

Construction

  • Year built: 1983
  • Construction: Brick

Heating and Cooling

  • Heating system: Electric

Description

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.

Location

46/50 Fulton Avenue, Hempstead, New York 11550

46/50 Fulton Avenue, Hempstead, New York 11550