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

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$879,000

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

bedrooms

bathrooms

square feet

4,428

Acreage

Open Houses

year built

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Nassau County
Elementary School	-
Middle School	-
High School	-

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MLS number: 805779

Listing agent: Diane M. Leyden #30LE0927674

Listing broker: Laffey Real Estate (888) 289-6902

Last update: Tuesday, April 22 2025 at 3:03 p.m. EDT

Kotohomes National