222 Hempstead Ave, Lynbrook, NY

Name: 222 Hempstead Ave, For Sale in Lynbrook - Zoocasa
Brand: Signature Premier Properties
SKU: 982318
Price: 1100000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,100,000

000

MLS® 982318

Overview

Key Facts

Type Mixed Use

Levels Commercial Sale

Size -

Garage

Taxes $17,147

Days Active 1

Lot Size

Approx. Age 1949

MLS® Number 982318

Property Address: 222 Hempstead Ave, Lynbrook, NY, 11563-1663

Average square foot calculated using Size range provided by listing agent.

Description

Located at the heart of the five corners, this cash flowing commercial mixed-use asset consists of a ground floor retail space and two residential apartment units, a well manicured back lawn, and two dedicated parking spaces. Each apartment unit is a fully updated 2 bedroom, 1 bathroom with annual leases in place and long-term reliable tenants. The upstairs residential tenant is paying $2, 850/month and the first-floor residential tenant is paying $2, 200/month, well below market rent. The commercial tenant is in the third year of a five year gradual rate increase lease, and is currently paying $3, 502/month, bringing gross annual income to $102, 624. The commercial tenant has very consistent clientele with plenty of foot traffic and has operated a successful business out of the retail space for many years. This consistently cash flowing property has been well maintained and is conveniently located less than 10 minutes from the Lynbrook, Valley Stream, Rockville Centre and Malverne train stations.

MLS® Number982318

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1949

BasementUnfinished

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 14, 2026List Date

$1,100,000List Price

Map

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