171 S Franklin Street, Hempstead, NY

$929,000

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4,200

Square feet

0.07

Acres

About 171 S Franklin Street

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!

Features of 171 S Franklin Street

MLS® # 911557
Price $929,000
Bathrooms 0.00
Internal Footage 4,200
Square Footage 2926
Acres 0.07
Year Built 1926
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 171 S Franklin Street
City Hempstead
County Nassau County
State NY
Zip Code 11550

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling Multi Units, Separate Meters
Fireplace No
Has Basement Yes
Basement Full

Exterior

Construction Cedar

Additional Information

Date Listed September 11th, 2025
Days on Market 32
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofKeller Williams Realty Greater
Contact Info516-873-7100

Listing Map

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