A turnkey opportunity for the business owner ready to stop paying someone else's mortgage. The ground-floor storefront has been fully renovated and built out as professional office space — move-in ready for a professional, medical, or service-based occupant — with two free- market apartments above generating rental income from day one. Tenants pay their own heat and hot water. The Hempstead Avenue location delivers the kind of foot traffic and transit access — LIRR, bus lines, Belt and Cross Island Parkways — that makes street-level commercial space work long term.
The neighboring property at 220-22 is also available, offering the chance to control two contiguous storefronts on the same block.
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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