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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. 3
    229-235 S. Franklin Street Hempstead, NY 11550
    $879,000
    Mixed Use Commercial ML# 805779
    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.
    Presented By: LAFFEY REAL ESTATE  516-482-1111
    Call Today: 631-929-8400, 631-291-0340, or  Email: Kelly Redican
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Kelly Redican
Kelly Redican
Licensed Real Estate Salesperson Cell: 631-291-0340
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Kelly Redican Licensed Real Estate Salesperson
Office: 631-929-8400 Cell: 631-291-0340 6324 Route 25A Suite B, Wading River, NY, 11792
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