




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.
$10,000,000 USD
Retail Property for Sale, 46/50 Fulton Avenue, Hempstead, New York 11550
- MLS#888770
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