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
Listing Courtesy of Island Advantage Realty LLC