Properties For Sale or Rent
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Property Description
Excellent Mixed-Use Value add Investment Opportunity – Strong Income Potential It is a well-located mixed-use property featuring 5 retail storefronts and 2 one-bedroom residential units. Situated on a high-visibility commercial block with steady traffic and strong local demand. Multiple income streams with upside potential through rent optimization. Convenient access to transportation, major highways, and surrounding neighborhoods. Ideal for investors seeking stable cashflow with long-term appreciation. Cap rate Approx.8.5%. Must see!
Features
- Heating System:
- Baseboard
- Cooling System:
- No
- Basement:
- Full
- Parking Features:
- Private
- Sewer:
- Public Sewer
- Utilities:
- Electricity Connected
Address Map
- City:
- Hempstead
- State:
- NY
- County:
- Nassau County
Property and Construction
- Development Status:
- Brick
- Agent MlsId:
- 185598
- Office MlsId:
- WLHR01
- Number Of Units:
- 7
- Special Listing Conditions:
- No
- Stories Total:
- 5
- Tax Annual Amount:
- $47,231
- Water Source:
- Public
- PhotosCount:
- 5
Commercial Sale For Sale
83-91 Ocean Avenue, Hempstead, NY
$1,790,000
Listing ID #948007
Basic Details
- Property Type :
- Commercial Sale
- Property SubType :
- Multi Family
- Listing ID :
- 948007
- Price :
- $1,790,000
- Bathrooms Total :
- 0
- Building Area :
- 10,500 Sqft
- Year Built :
- 1938
- Status :
- Active
- Status :
- Active
- Listing Office :
- Welhome Realty Inc
- Listing Agent :
- Min Xiao
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
