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1529 Hempstead, Hempstead (Elmont), NY, 11003 | $5,250,000
Located at 1529 Hempstead Turnpike, this exceptional commercial property offers a prime opportunity for investors and end-users alike. The property encompasses a total of 8, 800 square feet, featuring two retail storefronts, each spanning 800 square feet and including a full basement, perfect for additional storage or expansion needs. Boasting 24 on-site parking spaces, the property ensures convenience for customers and employees. It is equipped with central air conditioning and gas baseboard heating, guaranteeing comfort year-round. The property is connected to the sewer system, and the 7, 200 square foot main building is constructed on a solid slab foundation, providing durability and stability. A standout feature of this property is the steel beam support system, which offers flexibility in space configuration. Whether you wish to divide the area for multiple tenants or reconfigure it to suit your business requirements, the structural integrity supports various options. The location is highly advantageous, situated near significant transportation hubs. The newly developed UBS Arena and UBS LIRR Station enhance the property's appeal, providing easy access for commuters and increased foot traffic. This vibrant area is poised for growth, making it a strategic investment opportunity. Don't miss out on this versatile and well-located commercial property. , Additional information: Business Located At: 1529 Hempstead Turnpike
Features
- Town: Hempstead
- Property Type: Business Opportunity
- Current Use: Commercial
- Parking: 24-car
- Heating: Baseboard, Natural Gas
- Year Built: 1984
- Est. Taxes: $76,907
- MLS#: 3568585
- Days on Market: 134 days
- Website: https://www.raveis.com
/prop/3568585/1529hempstead_hempstead_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1529 Hempstead, Hempstead (Elmont), NY, 11003
$5,250,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $4,200,000 | $4,200,000 | $4,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
| Monthly Tax Payment | $6,409 | $6,409 | $6,409 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $24,510 | $26,547 | $35,442 |
| Total Monthly Payment | $31,044 | $33,081 | $41,976 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535