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39 W Graham Ave
Hempstead, NY 11550
39 W. Graham Ave., Hempstead, NY 11550 · Flex Property For Sale

Investment Highlights

  • Calling All Investors & End-Users!!!
  • Renovated In 2019 The Property Features High 12' Ceilings, Rental Income, LED Lighting, 4 Private Offices, New Windows
  • The Tenants Are on Short Term Leases So The Property Can Be Delivered Vacant If Need Be.
  • MINT 7,350 Sqft. 4 Unit Building For Sale Asking $73 Per Sqft. (17 Cap Proforma)!!!
  • New Stucco Siding, Waiting Room, 10 Parking Spaces, Excellent Signage, +++!!!
  • Net Operating Income (NOI): $91,726 (17 Cap) Proforma

Property Facts

Property Type Flex
Property Subtype
Showroom
  • General Retail Storefront Retail/Office
  • Industrial Service
  • Office Office Residential
Building Class B
Lot Size 0.13 AC
Rentable Building Area 7,350 SF
No. Stories 2
Year Built/Renovated 1960/2018
Parking Ratio 0.14/1,000 SF
Clear Ceiling Height 12’
No. Drive In / Grade-Level Doors 1
Zoning Multi Use - Industrial, Office, Retail

Amenities

  • 24 Hour Access
  • Bus Line
  • Fenced Lot
  • Security System
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City

About 39 W GRAHAM AVE , HEMPSTEAD, NY 11550

Calling All Investors & End-Users!!! MINT 7,350 Sqft. 4 Unit Building For Sale Asking $73 Per Sqft. (17 Cap Proforma)!!! Completely Renovated In 2019 The Property Features High 12' Ceilings, Rental Income, LED Lighting, 4 Private Offices, New Windows, New Stucco Siding, Waiting Room, 10 Parking Spaces, Excellent Signage, +++!!! The Tenants Are on Short Term Leases So The Property Can Be Delivered Vacant If Need Be. Front Right Unit (Church): $28,800 Lease Exp. 7/1/20 (1,550 Sqft.) Left Unit (Available): $42,000 1,750 Sqft. Rear Unit (Car Leasing): $18,000 Lease Exp. 6/1/19 (750 Sqft.) LL (Available): $39,600 (3,300 Sqft.) Gross Income: $128,400 Expenses: Gas: $1,367 Electric: $0 Taxes: $15,875 Village Taxes: $17,732 Maintenance & Repairs: $200 Water $200 Total Expenses: $37,274 Net Operating Income (NOI): $91,726 (17 Cap) Proforma

Property Taxes

Property Taxes

Parcel Number
2013-34-379-00-0432-0
Land Assessment
$1,198
Improvements Assessment
$3,441
Total Assessment
$4,639
  • Listing ID: 16559813

  • Date on Market: 7/9/2019

  • Last Updated:

  • Address: 39 W Graham Ave, Hempstead, NY 11550

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