Fulton Corner | 236-242 Fulton Ave Hempstead, NY 11550
Retail | 8.00% CAP | 19,277 SqFt
Marketing description
Positioned on one of Nassau County's primary commercial corridors, Fulton Corner benefits from exceptional visibility, strong vehicular and pedestrian traffic, and direct access to sought-after municipal parking, making it one of the most accessible and recognizable addresses in the market.
A short walk from the Town of Hempstead Court and surrounding governmental buildings, the property is a natural home for attorneys, legal professionals, and government-related offices many of whom are already tenants. The building also hosts a hospital organization, NYS agencies, and businesses across a wide range of industries, creating a diverse and stable tenant base.
Minutes from the Hempstead LIRR station and close to Long Island's leading universities and hospitals, the property benefits from consistent commuter traffic and long-term institutional demand that supports tenant retention and leasing activity.
The asset delivers consistent in-place income from a diverse mix of retail and office tenants, minimizing vacancy risk and providing a reliable revenue stream. As Hempstead continues to attract new residential development, infrastructure investment, and increased retail activity, the property is well-positioned to benefit from rising rents and sustained long-term demand.
Investment highlights
- Prime Corner Asset in the Heart of Hempstead - Positioned on one of Nassau County's primary commercial corridors, Fulton Corner benefits from exceptional visibility, strong vehicular and pedestrian traffic, and direct access to sought-after municipal parking — making it one of the most accessible and recognizable addresses in the market.
- Government, Institutional & Professional Hub - A short walk from the Town of Hempstead Court and surrounding governmental buildings, the property is a natural home for attorneys, legal professionals, and government-related offices many of whom are already tenants. The building also hosts a hospital organization, NYS agencies, and businesses across a wide range of industries, creating a diverse and stable tenant base.
- Transit-Oriented & High-Demand Location - Minutes from the Hempstead LIRR station and close to Long Island's leading universities and hospitals, the property benefits from consistent commuter traffic and long-term institutional demand that supports tenant retention and leasing activity.
- Stabilized Cash Flow in a Growing Submarket - The asset delivers consistent in-place income from a diverse mix of retail and office tenants, minimizing vacancy risk and providing a reliable revenue stream. As Hempstead continues to attract new residential development, infrastructure investment, and increased retail activity, the property is well-positioned to benefit from rising rents and sustained long-term demand.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?












