MLS# 802429 - 542 East Meadow Avenue, East Meadow, NY 11554
Status:
Active
Property Type:
Retail
Days On Website:
63
Property Details for 542 East Meadow Avenue, East Meadow, NY 11554
Description
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.
Open House
Features
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"
Property Map
Map View
$1,200,000 - 542 East Meadow Avenue, East Meadow, NY 11554
Street View
Directions
542 East Meadow Avenue
East Meadow, NY 11554
City: Hempstead