$1,200,000
63 Days On Market
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Status: Active
Property Type: Retail
Days On Website: 63

Property Details for 542 East Meadow Avenue, East Meadow, NY 11554

Prime Mixed-Use Property for Sale: Great Location & Strong Rental Potential Located on the highly trafficked East Meadow Avenue, this property offers 2 spacious 12 x 22 storefronts and a 2-bedroom, 2-bath residential unit in a busy retail corridor. With ample parking—including a 3-car driveway, 1-car garage, and free parking in front—this property is ideal for businesses and tenants. Renovated in 2018, it features a modern kitchen, updated baths, and a finished basement with outside entrance (OSE), plus a large backyard. The annual rental revenue potential is approx. $91,000+. Additionally, permits are in place for a second-floor expansion, providing opportunities for further growth. This versatile property is perfect for investors or business owners looking for income and expansion potential.

Appliances & Equipment

  • Description: "Dryer", "Electric Oven", "Electric Range", "Refrigerator", "Washer", "Oil Water Heater"

Basement

  • Description: "Finished", "Walk-Out Access"

Building

  • Building Area: 4000
  • Construction Materials: "Brick"

Cooling

  • Details: "Electric"

Heating

  • Heating: "Oil"

Listing

  • Days on Market: 59
  • Listing Price: 1200000
  • Status: Active

Location

  • City: Hempstead
  • State: NY
  • Zip: 11554
  • County: Nassau County
  • Directions: Newbridge Road to 542-544 E. Meadow Avenue

Utilities

  • Sewer: "Public Sewer"
  • Water Source: "Public"
  • Utilities: "None"

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$1,200,000 - 542 East Meadow Avenue, East Meadow, NY 11554

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542 East Meadow Avenue
East Meadow, NY 11554
City: Hempstead