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    1 home
      1 result available
      47 Franklin Avenue, Valley Stream, NY 11580
      Closed May 2, 2025
      47 Franklin Avenue, Valley Stream, NY 11580
      $900,000
      8,436sqft
      0.19acres
      Commercial Sale

      47 Franklin Avenue, Valley Stream, NY 11580

      Listing by: Chase Global Realty Corp
      1 - 1 of 1 results
      Copyright © 2025 OneKey® MLS LLC
      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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      Membio
      OneKey® MLS
      47 Franklin Avenue, Valley Stream, NY 11580
      Closed May 2, 2025
      $900,000
      8,436sqft
      0.19acres

      47 Franklin Avenue, Valley Stream, NY 11580

      City/Town:Valley Stream   Post Office: Valley Stream     

      Commercial Sale by Sophia X. YaoChase Global Realty Corp.

      Data checked -. Listing last updated 229 days ago.
      1. Overview
      2. Details
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      Rare Investment Opportunities! Looking for a commercial building in Long Island? Good investment opportunities in Long Island, low cost, stable returns! Property Overview • Location: Valley Stream, Long Island 47 Franklin Ave, Valley Stream, NY 11580 • Floor area: 8,450 square feet • Building area: 3,304 square feet • Parking spaces: nearly18-20 Property structure • First floor: restaurant, party room and outdoor BBQ dining area,2 bathrooms • Second floor: office,1 full bathroom Leasing status • Current business: Mexican restaurant, beautifully decorated, booming business • Rent: $7,100/month (including property tax), annual rental income $85,200 • Tenants bear all water, electricity and gas expenses. • Lease: NNN lease 3 years remaining + 5 years renewable. • Rent growth: 3%-4% per year Return on investment • Property tax: $25,600, tax reduction can be applied for • Rate of return: about 6% • Worry-free rent collection, stable cash flow Additional advantages • Homeowner loans can be provided, with interest rates better than banks • Well-decorated, equipped with central heating and cooling system, new roof

      Internet Serviceability
      Details
        Property type
      Commercial Sale
        Year built
      1948
        Heating
      See Remarks
        Cooling
      Central Air
        Garage
      No
        City/Town
      Valley Stream
        Post Office
      Valley Stream
        Parking spots
      18
      831122
      MLS ID
      Closed
      Status
      May 2, 2025
      Closed
        Flooring
        View
      Exterior features
      Lot features
      Monthly taxes
      $2,133
      Yearly taxes
      $25,596.45
      Schools
      -
      Open Houses
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      No upcoming in-person open houses
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      No upcoming virtual open houses
      Contact Agent
      Sophia X. Yao
      Sophia X. Yao
      Real Estate Broker, Chase Global Realty Corp
      Direct Number 
       
      Location
      see map
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      47 Franklin Avenue, Valley Stream, NY 11580, is a 0.19 acres, 8436 sqft. Mixed Use built in 1948. This property is currently available for sale and was listed on OneKey® MLS on 3-4-2025. The MLS# for this Mixed Use is MLS# 831122.
      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