948-958 Broadway Woodmere, NY $ 8,500,000
948-958 Broadway
$ 8,500,000
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948-958 Broadway

Woodmere, NY, 11598
$ 8,500,000
Bedrooms-- Baths-- Sq 40,681

Monthly Estimate*

$ 53,029

948-958 Broadway, Woodmere, NY 11598 - Image 1

Commercial Property for sale in Woodmere, NY

for $8,500,000. This 40,681 square foot building was built in 1948 on a lot size of 0.87.

Investors, Developers and Dreamers! This is the unique opportunity you have been waiting for. Two parcels combined create .87 acres with 191 feet of frontage on Broadway in Woodmere. This Entertainment and Retail center has been a successful landmark location in Five Towns since 1948. Now is your chance to invest. Harness the growth potential of this prime development site, or take it over and be part of the legacy. Currently home to five businesses being two retail units, a cooking school, a state of the art bowling alley and busy nightclub. Expertly maintained beam and block building with high ceilings and full basement, two parking lots, municipal parking across street, public transportation on block. Bowling alley and nightclub can be negotiated or delivered vacant. Do Not contact or disturb any tenants, staff or patrons.

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Commercial Active

Price

$ 8,500,000

Property Type

Commercial

Taxes

$ 218,000

Style

Retail

Lot Size

0.87

Year Built

1948

Town/City

Woodmere

County/Region

Nassau

MLS | Web ID

H6298981

Features
General
Sewer Public Sewer
Heating Natural Gas Baseboard
Cooling Ductless
Appliances Gas Water Heater
Zoning X
Construction Materials Block
Year Built 1948
Stories Count 1
Property Subtype Retail
Tax Year 2022
Parcel Number 2089-39-221-00-0221-0
County Nassau County
Property Type Commercial Sale
HOA N
City Hempstead
Number Of Units Total 5
Tax Annual Amount 218000
Showing Instructions Showings must be scheduled in advance with Listing Agent POF required LA must accompany all showings
Property Condition Actual
Additional Parcels Y/N N
Standard Status Active
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Exterior
Parking Features Parking Lot Parking Lot
Water Source Public
Building Area Total 40681
Waterfront Y/N N
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Interior
Basement (Y/N) N
Half Baths 0
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* Excluded Features
List By
Greta Ferrari

Listing Agent

Keller Williams Hudson Valley

Broker

845-639-0300

Contact

Affordability Calculator

$71,196
Per Month
74%
26%
0%
Monthly Principal & Interest
$53,029
Monthly Property Taxes
$18,167
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
10/20/2025$8,500,000 -13.27% Price Down
5/9/2025$9,800,000 Listed Price

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948-958 Broadway, Woodmere, NY, 11598 is a Commercial Property for sale at $8,500,000 with 40,681 sqft and a lot size of 0.87. 948-958 Broadway was built in 1948. The property's zip code is 11598 which is in Woodmere, NY