25 Nassau Boulevard, Hempstead (West Hempstead), NY, 11552 | $1,700,000

Located at the bustling border of West Hempstead and Garden City, 25 Nassau Blvd offers a prime opportunity for any business owner seeking a high-visibility location. This free-standing commercial building sits on a spacious lot measuring 140x87 (12, 180 Sqft) and the building size is 3600 Sqft, providing ample room for expansion or customization. Currently owner-occupied and No tenant. It will be delivered vacant at closing. The property boasts over 16 dedicated parking spaces, ensuring convenience for both customers and staff. The area surrounding 25 Nassau Blvd is characterized by a vibrant community and a growing population, making it an ideal setting for various business types. Whether you're considering retail, office space, or service-oriented enterprises, this location is perfectly situated in a high-traffic zone with excellent exposure. The combination of a strong local economy and a diverse demographic creates a welcoming environment for potential customers, ensuring your business can thrive. With significant potential for growth, this property is ready for your vision. The flexibility in zoning allows for the conversion into any type of commercial use, providing an incredible opportunity to tap into the high business occupancy in the area. As development continues and the community expands, 25 Nassau Blvd stands as a prime investment for those looking to make their mark in a flourishing market. Don't miss out on this chance to seize a property with immense potential for future success!

Features

  • Town: Hempstead
  • Property Type: Mixed Use
  • Current Use: Retail
  • Parking: 16-car
  • Levels: 1
  • Heating: Oil, Other
  • Units: 1
  • Zoning: Commercial
  • Year Built: 1954
  • Acreage: 0.28
  • Est. Taxes: $32,000
  • MLS#: 3587525
  • Days on Market: 29 days
  • Website: https://www.raveis.com
    /prop/3587525/25nassauboulevard_hempstead_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Exit Realty Team   Phone: 718-358-4000

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

25 Nassau Boulevard, Hempstead (West Hempstead), NY, 11552

$1,700,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $1,360,000 $1,360,000 $1,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $2,667 $2,667 $2,667
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,722 $8,485 $11,385
Total Monthly Payment $10,514 $11,277 $14,177

* 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.