Log In/Sign Up
Your email has been sent.
Approved Plans 8 family Hempstead 178 S Franklin St 8 Unit Apartment Building $1,200,000 ($150,000/Unit) 20% Cap Rate Hempstead, NY 11550
INVESTMENT HIGHLIGHTS
- HUGE INCOME, Brand new construction.
EXECUTIVE SUMMARY
I own a legal 5 family on this property but we had a fire. So now after 2 years, we finally got approval on a 8 family :-)
Demo already completed. Electric and water is all there ready to go!
Rent Roll should be about or over $288,000.00 per year, plus parking and laundry $$$.
I'm retiring and moving to florida. If you know how to build, this is a home run.
Demo already completed. Electric and water is all there ready to go!
Rent Roll should be about or over $288,000.00 per year, plus parking and laundry $$$.
I'm retiring and moving to florida. If you know how to build, this is a home run.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 2013-34-360-00-0718-0 | Improvements Assessment | $276 |
| Land Assessment | $132 | Total Assessment | $408 |
PROPERTY TAXES
Parcel Number
2013-34-360-00-0718-0
Land Assessment
$132
Improvements Assessment
$276
Total Assessment
$408
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Mallcom
Approved Plans 8 family Hempstead | 178 S Franklin St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.