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229-235 S. Franklin Street, Hempstead, NY 11550

$879,000
6,639sqft
–acres
Commercial Sale
229-235 S. Franklin Street, Hempstead, NY 11550
Listing by: LAFFEY REAL ESTATE
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400 Broadhollow Road, Suite 5, Farmingdale, NY 11735
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Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.








$879,000
6,639sqft
229-235 S. Franklin Street, Hempstead, NY 11550

NYNassau CountyHempstead11550229-235 S. Franklin Street, Hempstead, NY 11550
NY/Nassau County/Hempstead/11550/229-235 S. Franklin Street, Hempstead, NY 11550229-235 S. Franklin Street, Hempstead, NY 11550
$879,000
6,639sqft
–acres
229-235 S. Franklin Street, Hempstead, NY 11550
City/Town:Hempstead Post Office: Hempstead
Commercial Sale by Diane M. Leyden, LAFFEY REAL ESTATE.
Data checked 11 mins ago. Listing last updated 85 days ago.
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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.
Details
Property type
Commercial Sale
Year built
–
Heating
Natural Gas
Cooling
Individual Units
Garage
No
City/Town
Hempstead
Post Office
Hempstead
Parking spots
2
805779
MLS ID
Active
Status
12/17/2024
On Market Date
Flooring
–
View
–
Exterior features
–
Lot features
Corner Lot
Monthly taxes
$3,138
Yearly taxes
$37,660
Schools
-
Open Houses
In-Person
No upcoming in-person open houses
VirtualNo upcoming virtual open houses
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229-235 S. Franklin Street, Hempstead, NY 11550, is a 6639 sqft. Mixed Use built in .
This property is currently available for sale and was listed on OneKey® MLS on 12-17-2024.
The MLS# for this Mixed Use is MLS# 805779.
Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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