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Excellent Investment Owner User Opportunity in Hempstead, Long Island Presenting an opportunity to acquire a three story commercial property at 510 S Franklin Street in Hempstead, New York, conveniently situated ...

Hempstead, NY 11550

Listing

Web ID:5737715
Website:https://www.nestseekers.com/5737715

Property

Ownership: For Sale
Type: Multi-Family

Financials

Price:$1,700,000
Annual Taxes:$34,157

Description

Excellent Investment / Owner-User Opportunity in Hempstead, Long Island Presenting an opportunity to acquire a three-story commercial property at 510 S Franklin Street in Hempstead, New York, conveniently situated along the South Franklin Street corridor. The property offers a flexible layout with multiple individual spaces, providing an attractive opportunity for an investor, business owner, professional practice, or organization seeking a Long Island location with the potential for multiple occupants and income streams. Investment Potential: Suitable for owner-user or investment consideration Accessibility: Convenient to surrounding residential neighborhoods, commercial districts and major Long Island roadways INVESTMENT OPPORTUNITY The property's multi-space configuration provides flexibility for a purchaser seeking to occupy all or a portion of the building while potentially leasing additional space to other occupants. The property may appeal to buyers seeking space for professional offices, administrative operations, medical/professional services, educational or community-oriented uses, or other commercial uses, subject to applicable zoning, permits and municipal approvals. For an investor, the building's layout provides an opportunity to evaluate a multi-tenant leasing strategy and potentially increase income through leasing and property management. Note that the property has rights to build up and build out additional floors onto the building.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Trash Collection Public
  • Water Connected

Contact

Long Island
6243 Northern Blvd
Phone:
adrianl@nestseekers.com
Listing Courtesy of Island Advantage Realty LLC
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