542 East Meadow Avenue
East Meadow,
NY
11554
- Commercial
- FORECLOSURE
- Retail
- ML# 802429
Property Details
Overview
Prime Mixed-Use Property for Sale: Great Location & Strong Rental PotentialLocated on the highly trafficked East Meadow Avenue, this property offers 2 spacious 12 x 22 storefronts and a 2-bedroom, 2-bath residential unit in a busy retail corridor. With ample parking—including a 3-car driveway, 1-car garage, and free parking in front—this property is ideal for businesses and tenants.Renovated in 2018, it features a modern kitchen, updated baths, and a finished basement with outside entrance (OSE), plus a large backyard. The annual rental revenue potential is approx. $91, 000+. Additionally, permits are in place for a second-floor expansion, providing opportunities for further growth.This versatile property is perfect for investors or business owners looking for income and expansion potential.
Key Facts
- •Taxes: $18,196
- •Sale or Rent: Sale
- •Foreclose: Yes
•Block: 160
- •Lot: 0048
- •Construction Materials: Brick
- •Stories: 1
- •Heat: Oil
- •A/C: Electric
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
Coldwell Banker American Homes
516-302-8500
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS