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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/ 1×5-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.
Features
- Heating System:
- Natural Gas
- Cooling System:
- Individual Units
- Basement:
- Full
- Exterior Features:
- Balcony, Tennis Court(s)
- Flooring:
- Wall To Wall Carpet
- Interior Features:
- Eat-in Kitchen
- Lot Features:
- Corner Lot
- Parking Features:
- Driveway
- Pet Allowed:
- Call
- Sewer:
- Public Sewer
- Utilities:
- Natural Gas Available, Sewer Available, Water Available, Electricity Available, Trash Collection Public, Natural Gas Connected, Electricity Connected, Water Connected, Sewer Connected
Address Map
- City:
- Hempstead
- State:
- NY
- County:
- Nassau County
- Directions:
- E Park Ave to Maple Blvd Then left to Richmond RD
Property and Construction
- Architectural Style:
- Other
- Construction Materials:
- Frame, Stucco
- Development Status:
- Brick, Clapboard
- High School:
- Long Beach High School
- Inclusions:
- A/c Units
- Levels:
- One
- Agent MlsId:
- 100715
- Office MlsId:
- LRE12
- MiddleOrJunior School:
- Long Beach Middle School
- New Construction:
- 1
- Number Of Units:
- 5
- Senior Community:
- 1
- Special Listing Conditions:
- Standard
- Stories Total:
- 1
- Tax Annual Amount:
- $37,660
- Water Source:
- Public
- Zoning:
- Business B
- PhotosCount:
- 3
Commercial Sale For Sale
229-235 S. Franklin Street, Hempstead, NY
6,639 Acre
$879,000
Listing ID #805779
Basic Details
- Property Type :
- Commercial Sale
- Property SubType :
- Mixed Use
- Listing ID :
- 805779
- Price :
- $879,000
- Building Area :
- 4,428 Sqft
- Lot Area :
- 6,639 Acre
- Status :
- Active
- Status :
- Active
- Listing Office :
- LAFFEY REAL ESTATE
- Listing Agent :
- Diane M. Leyden
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
