Package deal: 555 Hempstead Turnpike and 557 Hempstead Turnpike all vacant, 2 adjoining parcels for development opportunity; 555 Hempstead has a 1st floor store front with 1 full bath; rear 1st floor apartment is a 1bed/1bath unit; upstair is a full 3bedroom/1bath apartment; along with a fully detached rear studio/storage space w/private entrance. Full unfinished basement with all mechanicals; 2 full size garage. Combined building sqft'g is estimated at 900sqft. Ideal for investors, business owners, and developers, the property presents opportunities for rental income, business operations, and future redevelopment. High traffic area; High visibility commercial corridor; Great for retail, commercial, professional office, restaurants, motel, mixed-use (in Neighborhood Center), personal/service uses, and more. Near UBS Arena and Belmont Park. Delivered vacant. See separate listing for 557 Hempstead Turnpike.
| MLS # | 1061025 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 25 |
| Listing Provided By | OneSpace Realty Group LLC | Roody Casseus |
| SQ Feet | 5,742 |
|---|---|
| Basement | Y |
| Acreage | 0.10 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Brick |
|---|
| Utilities | Electricity Available, Electricity Connected, Natural Gas Available, See Remarks, Sewer Available, Sewer Connected, Water Available |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 1773 |
| Tax Annual Amount | 13395.15 |
| State | NY |
|---|---|
| County | Nassau County |
| City | Elmont |
| Zip Code | 11003 |
| Listing VS Median (in 11003) | |
Price: $1,925,000 low | high Med: $718,000 sqft: 5,742 low | high Med: 1,210 $ / sqft: $335 low | high Med: $593 On site: 25 low | high Med: 92 | |
| State | NY |
|---|---|
| County | Nassau County |
| City | Elmont |
| Zip Code | 11003 |
| Listing VS Median (in 11003) | |
Price: $1,925,000 low | high Med: $718,000 sqft: 5,742 low | high Med: 1,210 $ / sqft: $335 low | high Med: $593 On site: 25 low | high Med: 92 | |
![]() | $1,925,000557 Hempstead TurnpikeElmont, NY 11003 |