25
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$1,700,000
Est. payment /mo
New
510 S Franklin ST Hempstead, NY 11550
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1049059
Rental Info No
Year Built 1963
Annual Tax Amount $34,157
Property Sub-Type Multi Family
Source onekey2
Property 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.
Contact listing agent/owner for pricing, financial information, showing availability and additional property details.
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.
Contact listing agent/owner for pricing, financial information, showing availability and additional property details.
Location
State NY
County Nassau County
Rooms
Basement Full, Storage Space
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Stone
Schools
High Schools Hempstead
School District Hempstead
Others
Special Listing Condition None
Listed by Island Advantage Realty LLC • Romualde Montreuil
NEARBY SCHOOL & BUSINESS