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1529 Hempstead , Elmont, NY 11003

$3,750,000

8,800
sqft
1984
year built

Calling all investors and end users to position yourself 1.5 miles away from the brand new UBS Arena Development and the upcoming Belmont Park development that will house various hospitality and housing opportunities along with thousands of jobs and employment opportunites! Located at 1529 Hempstead Turnpike, this exceptional commercial property offers a prime opportunity for investors and end-users alike. The property encompasses a total of 8,800 square feet, featuring two retail storefronts, each spanning 800 square feet and including a full basement, perfect for additional storage or expansion needs. Boasting 24 on-site parking spaces, the property ensures convenience for customers and employees. It is equipped with central air conditioning and gas baseboard heating, guaranteeing comfort year-round. The property is connected to the sewer system, and the 7,200 square foot main building is constructed on a solid slab foundation, providing durability and stability. A standout feature of this property is the steel beam support system, which offers flexibility in space configuration. Whether you wish to divide the area for multiple tenants or reconfigure it to suit your business requirements, the structural integrity supports various options. The location is highly advantageous, situated near significant transportation hubs. The newly developed UBS Arena and UBS LIRR Station enhance the property's appeal, providing easy access for commuters and increased foot traffic. This vibrant area is poised for growth, making it a strategic investment opportunity. Don't miss out on this versatile and well-located commercial property., Additional information: Business Located At:1529 Hempstead Turnpike Featured Commercial Sales.

Highlights

  • Commercial Sale
  • Business
  • Built in 1984
  • 0.414 Acre Lot
  • 559 days on Market

  • Year Built
    1984
  • Stories
    1.0
  • Construction Materials
    Block
  • Parking Features
    Parking Lot
  • Cooling
    Central Air
  • Heating
    Forced Air, Natural Gas
  • Basement
    Partial, Unfinished, Storage Space

  • Acres
    0.414
  • Lot Features
    Near Golf Course, Corner Lot, Landscaped, Near Public Transit
  • Utilities
    Cable Available, Electricity Available, Water Available, Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected, Phone Available, Phone Connected
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 1529 Hempstead?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1529 Hempstead.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1529 Hempstead?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $3,750,000. We can talk through recent upgrades, potential seller motivation, how this business compares to others in Elmont, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1529 Hempstead?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1529 Hempstead at around $27,749. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1529 Hempstead?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Nassau County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1529 Hempstead?

In most cases, yes. Whether 1529 Hempstead is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Elmont's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1529 Hempstead?

We can handle that for you. Our preferred local agent specializes in commercial sales in Elmont and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $3,750,000 with 8,800 sqft of space—that comes out to approximately $426 per square foot.

How long has this property been on the market?

1529 Hempstead was listed on May 02, 2025, which means it's been on the market for 559 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1984, making it approximately 42 years old.

What is the lot size of this property?

1529 Hempstead sits on a 0.41-acre lot, which is 17,860 square feet.

What are the property taxes for 1529 Hempstead?

The most recent public record shows annual property taxes for 1529 Hempstead were approximately $76,907. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 1529 Hempstead still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: November 12, 2026 at 11:06AM | Source: OneKey MLS | MLS#: 856516