Price Reduced 0.43%


Price History

$929
9/11/2025

$929,000
9/11/2025

$925,888
11/2/2025

$925,777
11/20/2025

$925,000
1/14/2026


171 S Franklin Street, Hempstead, NY, 11550

171 S Franklin Street, Hempstead, NY, 11550

1926

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!


Status:

Active

Type:

Commercial

Units:

3

Heating:

Natural Gas

Cooling:

Multi Units, Separate Meters

Basement:

Full

Acreage:

0.07

Est. Taxes:

$28,860

Construction

Cedar

Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected

Days on Market:

125

MLS #:

911557


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Keller Williams Realty Greater 516-873-7100