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    47 Franklin Avenue, Valley Stream, NY 11580
    $990,000
    8,436sqft
    0.19acres
    Commercial Sale

    47 Franklin Avenue, Valley Stream, NY 11580

    Listing by: Chase Global Realty Corp
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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.
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    OneKey® MLS
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    47 Franklin Avenue, Valley Stream, NY 11580
    Pending
    $990,000
    8,436sqft
    0.19acres

    47 Franklin Avenue, Valley Stream, NY 11580

    City/Town:Valley Stream   Post Office: Valley Stream     

    Commercial Sale by Sophia X. YaoChase Global Realty Corp.

    Data checked 4 mins ago. Listing last updated 27 days ago.
    1. Overview
    2. Details
    3. More 

    Rare Investment Opportunities! Looking for a commercial building in Long Island? Good investment opportunities in Long Island, low cost, stable returns! Property Overview • Location: Valley Stream, Long Island 47 Franklin Ave, Valley Stream, NY 11580 • Floor area: 8,450 square feet • Building area: 3,304 square feet • Parking spaces: nearly18-20 Property structure • First floor: restaurant, party room and outdoor BBQ dining area,2 bathrooms • Second floor: office,1 full bathroom Leasing status • Current business: Mexican restaurant, beautifully decorated, booming business • Rent: $7,100/month (including property tax), annual rental income $85,200 • Tenants bear all water, electricity and gas expenses. • Lease: NNN lease 3 years remaining + 5 years renewable. • Rent growth: 3%-4% per year Return on investment • Property tax: $25,600, tax reduction can be applied for • Rate of return: about 6% • Worry-free rent collection, stable cash flow Additional advantages • Homeowner loans can be provided, with interest rates better than banks • Well-decorated, equipped with central heating and cooling system, new roof

    Details
      Property type
    Commercial Sale
      Year built
    1948
      Heating
    See Remarks
      Cooling
    Central Air
      Garage
    No
      City/Town
    Valley Stream
      Post Office
    Valley Stream
      Parking spots
    18
    831122
    MLS ID
    Pending
    Status
    03/04/2025
    On Market Date
      Flooring
      View
    Exterior features
    Lot features
    Monthly taxes
    $2,133
    Yearly taxes
    $25,596.45
    Schools
    -
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Sophia X. Yao
    Sophia X. Yao
    Real Estate Broker, Chase Global Realty Corp
    Direct Number 
     
    Building Info
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    Listing by:
    47 Franklin Avenue, Valley Stream, NY 11580, is a 0.19 acres, 8436 sqft. Mixed Use built in 1948. This property is currently available for sale and was listed on OneKey® MLS on 3-4-2025. The MLS# for this Mixed Use is MLS# 831122.
    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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