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    1 home
      1 result available
      229-235 S. Franklin Street, Hempstead, NY 11550
      Closed Sep 8, 2025
      229-235 S. Franklin Street, Hempstead, NY 11550
      $879,000
      6,639sqft
      –acres
      Commercial Sale

      229-235 S. Franklin Street, Hempstead, NY 11550

      Listing by: LAFFEY REAL ESTATE
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      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      OneKey® MLS
      229-235 S. Franklin Street, Hempstead, NY 11550

      NY/Nassau County/Hempstead/11550/229-235 S. Franklin Street, Hempstead, NY 11550

      Closed Sep 8, 2025
      $879,000
      6,639sqft
      –acres

      229-235 S. Franklin Street, Hempstead, NY 11550

      City/Town:Hempstead   Post Office: Hempstead     

      Commercial Sale by Diane M. Leyden, LAFFEY REAL ESTATE.

      Data checked -. Listing last updated 107 days ago.
      1. Overview
      2. Details
      3. More 

      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.

      Internet Serviceability
      Details
        Property type
      Commercial Sale
        Year built
      –
        Heating
      Natural Gas
        Cooling
      Multi Units
        Garage
      No
        City/Town
      Hempstead
        Post Office
      Hempstead
        Parking spots
      2
      805779
      MLS ID
      Closed
      Status
      Sep 8, 2025
      Closed
        Flooring
      –
        View
      –
      Exterior features
      –
      Lot features
      Corner Lot
      Monthly taxes
      $3,138
      Yearly taxes
      $37,660
      Schools
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Diane M. Leyden
      Diane M. Leyden
      Associate Real Estate Broker, LAFFEY REAL ESTATE
      Direct Number 
       
      Location
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      229-235 S. Franklin Street, Hempstead, NY 11550, is a 6639 sqft. Mixed Use built in . This property is currently available for sale and was listed on OneKey® MLS on 12-17-2024. The MLS# for this Mixed Use is MLS# 805779.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2025