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108 Grove Street Hempstead NY, 11550
$2,388,000
  • Under Contract
  • Year Built 1938
  • Mixed Use
  • ML# 3405968

Property Details

Overview

Calling All Investors, Developers & End-Users!!! 13 Unit 9.92 Cap Apartment Building For Sale!!! The Property Features Excellent Signage, Great Exposure, Separate Meters, 9 Renovated Units, Large Yard, Private Parking Lot, Updated Electric, +++!!! Located In The Heart Of Hempstead!!! Neighbors Include The Home Depot, McDonald’s, 7-Eleven, Taco Bell, CVS, Dunkin’, AutoZone, Chase, +++!!! The Building Is Situated On A Huge 19, 502 Sqft. Lot!!! The Building Was Renovated In 2019!!! According To The Owner You Can Raise The Rents Up To 18% Over Market When A Tenant Vacates One Of Their Apartments. This Property Offers HUGE Upside Potential!!!

Key Facts

  • Lot Size: 0.45
  • Lot Sq Ft: 19502
  • Taxes: $79,000
  • Sale or Rent: Sale
  • Zoning: Aptmt Hse
  • Block: 360
  • Lot: 333

Additional Features

  • Stories: 3

Interior & Utilities

  • Heat: Natural Gas
  • Sewer: Sewer

Financial

  • Taxes: $79,000
  1. Presented by

    Brian Phillips Team - Douglas Elliman

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