Hempstead, NY 11510

Property

Ownership: For Sale
Type: Multi-Family
Pets: Pets No
Lot Size: 0.17 Acres

Financials

Price:$1,300,000
Annual Taxes:$29,311
6243 Northern Blvd
Phone:
Listing Courtesy of Douglas Elliman Real Estate

Description

A rare opportunity to own a 5-family mixed use residential / commercial property in South Baldwin. This prime mixed-use property is fully occupied and fully leased generating strong diversified income high-performing mixed-use building in prime Location. Features 5 one-bedroom residential apartments and 1 warehouse offering 1200 Square feet with a 12ft garage. The apartments have recently been invested in for over $50k in capital improvements. The property presents an exceptional opportunity for a new owner to unlock additional value. Situated in the heart of the rapidly growing Baldwin Harbor - This location boasts high visibility with signalized traffic and over hundreds of vehicles passing daily. Private Driveway with 8 spaces that is directly attached to North and South side of the building. Ideal for 1031 exchange buyers or investors seeking stable cash flow and upside in a high-demand location Highlights: Long Island Railroad, Sonny’s Canal House, Nautical Mile, Long Beach, Jones Beach, JFK Airport, Belt Parkway, Meadowbrook Parkway. Tons of shopping and restaurants close by. Boaters Delight.

Amenities

  • Cable - Available
  • Electricity Available
  • Natural Gas Available
  • Natural Gas Connected
  • Phone Available
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

A rare opportunity to own a 5 family mixed use residential commercial property in South Baldwin.


Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.