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236-242 Fulton Ave
Hempstead, NY 11550

$4,650,000 USD

Medical For Sale  •  36,000 SF

Property Details

  • Property Type Medical
  • Total Building Size 36,000 SF
  • Lot Size 0.29 AC
  • Building Class C
  • Year Built 1938
  • Cap Rate 8.00 %
  • Tenancy Multiple
  • Zoning C4
80 Transit Score
80 Walk Score

Highlights

Corner positioning provides exceptional visibility and signage exposure.
Strong daytime population generated by government offices, courts, transit users, healthcare workers, and surrounding businesses.
Transit-oriented asset supported by Long Island Rail Road commuters.
Opportunity to increase value through active management and lease renewals.
Downtown Hempstead continues to see public and private investment, supporting future tenant demand.

Property Flyers

Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
All Over Properties
Blue Diamond Logistics
Brows By Nancy LLC
Caring Professionals, Inc.
Gem Pawnbrokers 1/1/2019
Healthfirst
Hempstead Snug
Multi Pest Corp
Ria
Zoni Language Services

Public Transportation

Commuter RailDriveWalkDistance
Hempstead Station (Hempstead Branch - Long Island Rail Road) 1 min 10 min 0.5 mi
West Hempstead Station (West Hempstead Branch - Long Island Rail Road) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
John F Kennedy International 21 min - 13.1 mi
LaGuardia 29 min - 16.7 mi
Westchester County 58 min - 38.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Abraham Adjmi 516-737-3638 Silber Investment Properties, LTD
Abraham Adjmi 516-737-3638 Silber Investment Properties, LTD