NY > Hempstead
Hempstead, NY 11550,229-235 S. Franklin ST
Hempstead, NY 11550,229-235 S. Franklin ST
Hempstead, NY 11550,229-235 S. Franklin ST
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Kristina Evans

Kristina Evans

+1(347) 612-3102
$ 879,000
Est. payment | /mo
Save
$ 879,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 805779

Rental Info No

Annual Tax Amount $37,660

Property Sub-Type Mixed Use

Source onekey2

Property Description

Unique investment opportunity. 1 tax lot, 2 buildings. Structure 1: 2-story Detached, Mixed-Use Retail (Deli)/Residential 3-unit above. Deli leased, expires 2031 w/ 1x5-year renewal. 3% increases, Semi-net. Tenant pays specific repairs, maintenance, utilities, liability insurance. Structure 2: Residential tenants Mo.-Mo. Stabilized Potential Gross Income: $160,00 (with residential TLC). R.E. Taxes: $37,660. Income and expenses (see attachment). Also being offer : 220-228 S. Franklin (see MLS 804752). Investor can purchase either property or both.

Location

State NY

County Nassau County

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling Multi Units

Fireplace No

Exterior

Parking Features Driveway

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected

Total Parking Spaces 2

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Structure Type Brick,Clapboard

Others

Special Listing Condition None

Listed by LAFFEY REAL ESTATE

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agent
Kristina Evans

Broker | License ID: 10491211077

+1(347) 612-3102

515 Madison Ave 8th Floor # 8094, York, NY, 10022, United States

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229-235 S. Franklin ST