No credit card deposits will be accepted. Please select wire transfer or bid agreement. Property tours will be held Friday, June 2nd from 11:00 AM to 12:30 PM. Please contact listing broker to schedule. Investment Overview91 South Franklin Street, an eight unit multifamily property located near the corner of S. Franklin Street and Grove Street. Currently, 7 of the 8 units are occupied. This property is less than a mile from ten bus stops and the Hempstead train station at 119 W Columbia Street, allowing residents easy commutes throughout Hempstead and its surrounding areas. Potentially, residents will be able to take advantage of the close proximity to Hofstra University, Molloy College, Nassau Community College, and Winthrop University Hospital. Located close by, there is Eagle Grocery Corporation, Scorpion Hookah Lounge & Cafe, Campus Pizza Gyro, Mi Olivia, Western Union, Checkers, Family Dollar, and Walgreens. On a leisure note, the building is situated less than two miles from Mitchel County Park, Brierley Park, Mirschel Park, and Kennedy Memorial Park. Key development in the area includes the revitalization of downtown Hempstead. The benefits of the redevelopment of Hempstead village include: 12,000 construction job years, 3,300 direct permanent jobs, over 5,000 permanent jobs including indirect and induced jobs, $10.0 MM annually to the Village in tax revenue, $25.0 MM annually to the school district in tax revenue, multiple properties back on the tax rolls, a safe and secure environment in and around the downtown area, and mixed-income residential options that suit the needs of existing Hempstead residents. For other opportunities in Hempstead, NY please use the below links: 31 Miller Place, Hempstead, NY 11520 31 Sammis Place, Hempstead, NY 11520 316-318 Fulton Ave., Hempstead, NY 11520 62 Vermont Ave., Hempstead, NY 11520 43 California Ave., Hempstead, NY 11520 92 Union Place Hempstead, NY 11520 16 Burr Ave., Hempstead, NY 11520
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Multi-Family Space
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