$1,925,000
( $409.05Per Sq Foot )
 $10,334 est/mo Sourced by Back At You

557 Hempstead Turnpike,Elmont, NY 11003

Elmont, NY 11003

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Description

Package deal: 555 Hempstead Turnpike and 557 Hempstead Turnpike all vacant, 2 adjoining parcels for development opportunity; 557 Hempstead is a finished paved 4535sqft corner lot with exposure to 3 streets (North/East/South) having 55ft frontage (Hempstead Tpke) or 100 ftt frontage combined with 555 Hempstead Tpke. Commercial zoning; Along a high-visibility commercial corridor with convenient access to Queens, NYC, and surrounding Long Island communities. This package features existing residential and commercial storefront components, garage and storage space, and an expansive paved outdoor area offering potential for off-street parking. Ideal for investors, business owners, and developers, the property presents opportunities for rental income, business operations, and future redevelopment. Great for motel, mixed-use expansion, car parking lot/dealership, personal/service uses, and more. Near UBS Arena and Belmont Park. See separate listing for 555 Hempstead Turnpike.

Details

MLS #1060918
Listing TypeFor Sale
StyleUnimproved Land
Sub-TypeResale
StatusActive
Days On Site26
Listing Provided ByOneSpace Realty Group LLC | Roody Casseus

Features

SQ Feet4,706
Acreage0.11

Interior

CoolingNone
HeatingNone

Exterior

Construction MaterialsOther
Foundation DetailsOther

Utilities

UtilitiesNone
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value1747
Tax Annual Amount13198.72

Area Information

StateNY
CountyNassau County
CityElmont
Zip Code11003
Listing VS Median (in 11003)
Price:
$1,925,000
low | high
Med:
$718,000
100% of Average
sqft:
4,706
low | high
Med:
1,210
100% of Average
$ / sqft:
$409
low | high
Med:
$593
4.935794783729% of Average
On site:
26
low | high
Med:
93
27.956989247312% of Average
Sourced by Back At You

Market Activity 11003

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Learn More About This Property

StateNY
CountyNassau County
CityElmont
Zip Code11003
Listing VS Median (in 11003)
Price:
$1,925,000
low | high
Med:
$718,000
100% of Average
sqft:
4,706
low | high
Med:
1,210
100% of Average
$ / sqft:
$409
low | high
Med:
$593
4.935794783729% of Average
On site:
26
low | high
Med:
93
27.956989247312% of Average
Sourced by Back At You
Listing Updated: October 9, 2026 at 3:58:32 PM PDT