This Retail Property is no longer advertised on LoopNet.com.

427-429 S Franklin St
Hempstead, NY 11550
Retail Property For Sale

Investment Highlights

  • Calling All Investors, Developers & End-Users!!!
  • Located On The Corner Of Burnett Street & S. Franklin Street
  • Located On Busy S. Franklin Ave. Neighbors Include Mercedes Benz, BP, Molloy College, +++!!!
  • 100% Occupied 7.95 Cap 4 Unit Shopping Center For Sale!!!
  • The Property Features Excellent Signage, Great Exposure, 12+ Parking Spaces, Central Air, +++!!!
  • Net Operating Income (NOI): $63,450 (7.95 Cap!!!)

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
3,600 SF
Building Class
C
Year Built/Renovated
1966/2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.79
Lot Size
0.10 AC
Zoning
Business B
Frontage
8’ on Franklin St

Amenities

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

Property Taxes

Property Taxes

Parcel Number
2013-36-012-00-0065-0
Land Assessment
$1,117
Improvements Assessment
$2,393
Total Assessment
$3,510
  • Listing ID: 22246028

  • Date on Market: 2/16/2021

  • Last Updated:

  • Address: 427-429 S Franklin St, Hempstead, NY 11550

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