1. New York
  2. Hempstead
  3. 171 S Franklin Street
$929,000

171 S Franklin Street, Hempstead, NY 11550

  • 4,200 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon2,927sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $221/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

This profitable commercial property features a double store on the ground floor, currently operating as a grocery and deli, with two newly renovated apartments above—a two-bedroom and a three-bedroom. The building boasts a new roof with warranty and is located on a corner across from new developments, with more projects underway. A new charter school is just a block away in this vibrant area, close to buses, schools, and the train. The owner is motivated to sell, with current rents at $3800 for the deli/grocery, $2000 for the two-bedroom, and $2700 for the three-bedroom, all occupied by long-term tenants with rental increases. The basement and backyard offer potential for extra income. Priced to sell—don't miss out!

Listing Status:
Active
Listing Office:
Keller Williams Realty Greater : 516-873-7100
MLS ID:
911557
  • Basement: Full
  • A/C: Multi UnitsSeparate Meters
  • Heating: Natural Gas
  • Originating MLS: onekey2
  • County: Nassau County
  • Zoning: 2013-34-377-00-0387-0
  • Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedTrash Collection PublicWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Keller Williams Realty Greater

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Prospect Elementary School

265 Peninsula Blvd, Hempstead, NY, 11550

Grades PK-KG

0.31 miles away

A

Alverta B Gray Schultz Middle School

70 Greenwich St, Hempstead, NY, 11550

Grades 6-8

0.34 miles away

H

Hempstead High School

201 President St, Hempstead, NY, 11550

Grades 9-12

0.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.