40-42 Hempstead Turnpike

Farmingdale, NY 11735
$3,600,000

Description

Unique opportunity for investors & users alike! Multi-use/Commercial. Optimal location conveniently located on Hempstead Tpke (Route 24), high visibility, easy access with traffic light at corner & turning lane for east & westbound traffic flow, property wraps around to Merritts Rd with additional egress, north/south access, 3 curb cuts. Possibilities for redevelopment and/or other uses, property currently consisting of operational nursery, 42 Hempstead Tpke, section 49, block 255 & lot 13 (will sell separately for $2,600,000), & 2 residential homes, 40 Hempstead Tpke, lot #11 & 100 Merritts Rd, lot #18, almost 2 acres, approximate lot sq ftg 70,000 sq ft. In its current use both commercial & real estate, cash flow can be achieved. Tremendous, unlimited opportunities! Tax grievances filed on nursery & both residential homes (see attachments).

  • Interior Details
    • Heating & Cooling
      • Heating:Natural Gas, Oil, Baseboard, Forced Air
  • Property Details
    • Measurements
      • Acres:1.61
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1960
  • Utilities / Energy Details
    • Utility
      • Sewer information:Sewer
  • Community and Neighborhood Details
    • Location
      • County:Nassau
  • Financial Details
    • Pricing Details
      • Original List Price:$3, 650, 000
      • Taxes annual:$0
  • Other
    • Source
      • MLS #:3362984

Location

Keller Williams LandmarkAsk Vinny Thompson team
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00