229-235 S. Franklin Street
Hempstead,
NY
11550
- Commercial
- NEW
- Mixed Use
- ML# 805779
Property Details
Overview
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).
Key Facts
- •Lot Sq Ft: 6639
- •Taxes: $37,660
- •Sale or Rent: Sale
- •Zoning: Business B
•Block: 379
- •Lot: 415
- •Construction Materials: Brick, Clapboard
- •Parking Spaces: Yes
- •Parking Spaces: 2
- •Parking Facilities: Driveway
- •Heat: Natural Gas
- •A/C: Individual Units
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
LAFFEY REAL ESTATE
516-482-1111
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