Hempstead, NY 11550,220-228 S. Franklin ST

$825,000

$825,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

SOLD DATE : 06/06/2025

Key Details

Sold Price $825,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 804752

Annual Tax Amount $47,502

Property Sub-Type Mixed Use

Property Description

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. Also Being offered with 229 -235 S. Franklin Avenue MLS# 805779. Investor can purchase 1 or both properties.

Stabilized Potential Gross Income: $150,00 (with residential TLC). R.E. Taxes: 47,502. Income and expenses attached.

Location

State NY

County Nassau County

Interior

Heating Other

Cooling Multi Units

Exterior

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Clapboard

Others

Special Listing Condition None

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by LAFFEY REAL ESTATE
Bought with LAFFEY REAL ESTATE

GET MORE INFORMATION

agent

Luciane Serifovic

CEO & FOUNDER | License ID: 10491208575

+1(917) 567-8767

Name
Phone
Message

By providing a telephone number and submitting this form, you consent to receive SMS text messages about newsletters, marketing materials and open houses from Luxian International Realty. Message frequency may vary. Message and data rates may apply. You can reply STOP to opt out of further messaging and HELP for assistance or call 917-567-8767. Please see our Privacy Policy Electronic Disclosure Consent and Terms and Conditions