Buy with Yoreevo
$910,504
List Price: $925,777
Share Listing
Save Listing
171 S Franklin Street
House in Hempstead •  building info
studio • 2,926ft² $316 per ft²
Buy with Yoreevo

$910,504

List Price

$925,777

Key Details
Days on market
100
Last price change
loading...
Estimated payment
$7,535/mo
Taxes
$2,405/mo
Maintenance
N/A
Description
This profitable commercial property features a double store on the ground floor, currently operating as a grocery and deli, with two newly renovated apartments above—a two-bedroom and a three-bedroom. The building boasts a new roof with warranty and is located on a corner across from new developments, with more projects underway. A new charter school is just a block away in this vibrant area, close to buses, schools, and the train. The owner is motivated to sell, with current rents at $3800 for the deli/grocery, $2000 for the two-bedroom, and $2700 for the three-bedroom, all occupied by long-term tenants with rental increases. The basement and backyard offer potential for extra income. Priced to sell—don't miss out!

Hide full description

Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$925,000
Asking Price: $925,777
Term
30 Years
Down Payment
$92,000 (10%)
Min: 10% (92,000)
Rate
6.25 %
Mortgage Amount
$833,199
Mortgage Payment
$5,130
Taxes
$2,405
Estimated Yoreevo rebate
$15,273
Estimated closing cost
$26,000
Total monthly cost $7,535
Buy your dream home with us and get an estimated $15,273 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Keller Williams Realty Greater

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.