Property Details

Overview

Unique investment opportunity. 1 tax lot, 2 buildings. Structure 1: 2-story Detached, Mixed-Use Retail (Deli)/Residential 3-unit above. Deli leased, expires 2031 w/ 1x5-year renewal. 3% increases, Semi-net. Tenant pays specific repairs, maintenance, utilities, liability insurance. Structure 2: Residential tenants Mo.-Mo. Stabilized Potential Gross Income: $160, 00 (with residential TLC). R.E. Taxes: $37, 660. Income and expenses (see attachment). Being offered with 220-228 S. Franklin (see MLS 804752).

Key Facts

•Lot Sq Ft: 6639
•Taxes: $37,660
•Sale or Rent: Sale
•Zoning: Business B
•Block: 379
•Lot: 415

Additional Features

•Construction Materials: Brick, Clapboard
•Parking Spaces: Yes
•Parking Spaces: 2
•Parking Facilities: Driveway

Interior & Utilities

•Heat: Natural Gas
•A/C: Individual Units
•Water: Public
•Sewer: Public Sewer

Financial

•Taxes: $37,660

Listing Information provided courtesy of LAFFEY REAL ESTATE 516-482-1111

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