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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Fri
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Dec
$ 879,000
Est. payment | /mo

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$ 879,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY805779

Originating Board onekey2

Rental Info No

Annual Tax Amount $37,660

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). Being offered with 220-228 S. Franklin (see MLS 804752).

Location

State NY

County Nassau County

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling Individual 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 Standard

Listed by LAFFEY REAL ESTATE
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(631) 612-1616

shaughnessysells@gmail.com

150 Motor Parkway, Suite 401, Hauppauge, NY, Other

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229-235 S. Franklin ST