Long Island Multifamily Building For Sale

108, Grove Street, Hempstead, Nassau County, New York, 11550, United States
$2,499,000

Description

ERG Commercial Real Estate is pleased to present 108 Grove Street in Hempstead, NY. This property is a cash flowing fully rented 12-unit multifamily building. It is located just off of the highly traveled retail corridor of Peninsula Boulevard and within walking distance to main retail shopping centers. 108 Grove Street is located on a 19,500 SF lot with ample gated parking on site.

Property Documents

Detail

  • Price: $2,499,000
  • Building Size: 7200 SF
  • Lot Size: 19514 SF
  • Year Built: 1938
  • Property Type: Multi-Family
  • Property Tax Amount: $79,000
  • Block: 360
  • Lot: 333
  • Zoning: Bus B
  • Property Stories: 3
  • Residential Units: 12
  • Annual Income: $281,700
  • Total Expenses: $106,450
  • NOI: $175,250
  • City: Nassau
  • State/County: New York
  • Neighborhood: Hempstead
  • Country: United States

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All information furnished here is deemed reliable, however it is submitted subject to errors, omissions, change of terms and conditions, prior sale or withdrawal without notice. We do not represent or guarantee the accuracy of any information contained herein and we are not liable for any reliance there on. Thus any prospective purchaser should independently verify all items deemed relevance to its due diligence enquiry with respect to the property, notwithstanding that the sender believes information be true and/or reasonable.