Re/max Prestige Properties
Joseph Ruggiero, Re/max Prestige PropertiesPhone: (516) 319-0250
Email: [email protected]
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listing
1 of 3
CommercialFor Sale
$879,000
229-235 S. Franklin Street
Hempstead, NY 11550
Listed by: Laffey Real Estate, 516-482-1111
MLS: OneKey MLS
Est. Mortgage
$4,637/mo

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.

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Information courtesy of Laffey Real Estate is subject to verification and is not guaranteed.
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