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220-228 220-228 S. Franklin Street Hempstead, NY 11550
$825,000
  • Commercial
  • NEW
  • Mixed Use
  • ML# 804752

Property Details

Overview

Unique investment opportunity. 1 tax lot, 2 buildings. Structure 1: 2-family, 2-story Colonial (circa. 1925) w/private yard and detached garage. Residential tenants Mo.-Mo. Structure 2: single-story 3-unit tenant occupied multi-tenanted ’strip center’ (circa. 1966) fully occupied by 2 tenants. Commercial tenants: Bar/Restaurant through 2033, Furniture store through 2027. Semi-net. Stabilized Potential Gross Income: $150, 00 (with residential TLC). R.E. Taxes: 47, 502. Income and expenses upon request.

Key Facts

  • Lot Sq Ft: 9952
  • Taxes: $47,502
  • Sale or Rent: Sale
  • Zoning: Business B
  • Block: 367
  • Lot: 558

Additional Features

  • Construction Materials: Brick, Clapboard

Interior & Utilities

  • Heat: Other
  • A/C: Individual Units
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $47,502
Listing Information provided courtesy of LAFFEY REAL ESTATE  516-482-1111
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
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Cell: (516) 298-5382
Contact

JUDY FRUITBINE

Licensed Associate Real Estate Broker

Cell: (516) 298-5382 Email: jfruitbine@aol.com