Homes for sale - 229-235 S. Franklin ST, Hempstead, NY 11550

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Valon Nikci

valon@linknyrealty.com +1(646) 321-9428

$879,000

Est. payment - /mo

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UPDATED:

01/03/2025 03:59 AM

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). 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 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

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Listed by LAFFEY REAL ESTATE

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Valon Nikci

+1(646) 321-9428

CEO & Principal Broker | License ID: 10991208180

CEO & Principal Broker License ID: 10991208180

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229-235 S. Franklin ST Hempstead, NY 11550

Valon Nikci

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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229-235 S. Franklin ST