40-42 Hempstead Turnpike Farmingdale, NY $ 4,000,000
40-42 Hempstead Turnpike
$ 4,000,000
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40-42 Hempstead Turnpike

Farmingdale, NY, 11735
$ 4,000,000
Baths0.0 Sq 80,000

Monthly Estimate*

$ 27,941

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Studio

Commercial Property for sale in Farmingdale, NY

for $4,000,000. This 80,000 square foot building was built in 1960 on a lot size of 1.84.

Unique opportunity for investors & users alike! 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, & 2 residential homes, 40 Hempstead Tpke, lot #11 & 100 Merritts Rd, lot #18, almost 2 acres, approximate lot sq ftg 80,000. 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).

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Commercial Active

Price

$ 4,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.84

Year Built

1960

Town/City

Farmingdale

County/Region

Nassau

MLS | Web ID

3362984

Features
General
Standard Status Active
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* Excluded Features
List By
Lisa Testagrose

Listing Agent

Coldwell Banker Commercial Amh

Broker

ltestagrose@cbamhomes.com

Email

Affordability Calculator

$27,941
Per Month
100%
0%
0%
Monthly Principal & Interest
$27,941
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2023$3,650,000 Listed Price

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40-42 Hempstead Turnpike, Farmingdale, NY, 11735 is a Commercial Property for sale at $4,000,000 with 80,000 sqft and a lot size of 1.84. 40-42 Hempstead Turnpike is a studio with 0.0 baths and was built in 1960. The property's zip code is 11735 which is in Farmingdale, NY