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229-235 S. Franklin Street Hempstead NY 11550US805779
229-235 S. Franklin Street HempsteadNY11550
879000.0000 1/1/1900 12:00:00 AM
Realty Executives Power House
244-06 Jericho TurnpikeFloral ParkNY11001
516-437-8080
1 /

Courtesy of: Diane M. Leyden, LAFFEY REAL ESTATE, dleyden@laffeyre.com

229-235 S. Franklin Street
Hempstead NY 11550 US

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1 /

Courtesy of: Diane M. Leyden, LAFFEY REAL ESTATE, dleyden@laffeyre.com

Realty Executives Power House
244-06 Jericho Turnpike
Floral Park, NY, US 11001
516-437-8080

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229-235 S. Franklin Street
Hempstead NY 11550 US

$879,000

Active Listing ID 805779
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Mixed Use

$879,000

Active Listing ID 805779
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229-235 S. Franklin Street 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Mixed Use
  • Features
  • Exterior Finish: Corner Lot

Property

  • propertytype: Commercial Sale
  • propertysubtype: Mixed Use
  • listprice: 879000
  • unparsedaddress: 229-235 S. Franklin Street
  • postalcity: Hempstead
  • stateorprovince: NY
  • country: US
  • postalcode: 11550
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 4428
  • livingareaunits: Square Feet
  • listagentfullname: Diane M. Leyden
  • listagentemail: dleyden@laffeyre.com
  • listagentkey: 3yd-MLSLINY-100715
  • listagentmlsid: 100715
  • listagentpreferredphone: 8882896902
  • listagentofficephone: 8882896902
  • listofficekey: 3yd-MLSLINY-LRE12
  • listagentstatelicense: 30LE0927674
  • listofficemlsid: LRE12
  • disclaimer: Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • listingcontractdate: 2024-12-17
  • listagenturl: http://www.laffey.com
  • countyorparish: Nassau County
  • constructionmaterials: Brick, Clapboard
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • parkingfeatures: Driveway
  • waterfrontyn: False
  • exteriorfeatures: Corner Lot
  • architecturalstyle: Other
  • rooms: Basement
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Laffey Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"info@laffeyre.com", "ListBrokerageCity":"Greenvale", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@laffeyre.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/03ac7af18dd511df873000219b9aa4d8/20161004202112835.png", "ListBrokerageName":"Laffey Real Estate", "ListBrokeragePhone":"888-289-6902", "ListBrokeragePostalCode":"11548", "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"55 Northern Blvd., ", "ListBrokerageWebsiteUrl":"http://www.laffey.com", "ListOfficeAddress1":"167 Middle Neck Road", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"9039434", "ListOfficeCity":"Great Neck", "ListOfficeCountry":"US", "ListOfficeEmail":"greatneck@laffeyre.com", "ListOfficePostalCode":"11021", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Mixed Use - Hempstead, NY", "ListingURL":"https://listings.listhub.net/pages/MLSLINY/805779/?channel=rexren", "MLSModificationTimestamp":"2025-01-02T22:59:36Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Mixed Use", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":37660, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/31/2025 11:11:01 PM GMT
Source Updated Date: 3/13/2025 6:55:10 AM GMT

Courtesy of: Diane M. Leyden, LAFFEY REAL ESTATE, dleyden@laffeyre.com

Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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