108 Grove Street Hempstead, NY $ 2,388,000
108 Grove Street
$ 2,388,000
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108 Grove Street

Hempstead, NY, 11550
$ 2,388,000
Baths0.0 Sq 19,502

Monthly Estimate*

$ 15,871

108 Grove Street, Hempstead, NY 11550 - Image 1
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108 Grove Street, Hempstead, NY 11550 - Image 4
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108 Grove Street, Hempstead, NY 11550 - Image 10
Studio

Commercial Property for sale in Hempstead, NY

for $2,388,000. This 19,502 square foot building was built in 1938 on a lot size of 0.45.

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!!!

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Commercial Pending

Price

$ 2,388,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 79,000

Style

Lot Size

0.45

Year Built

1938

Town/City

Hempstead

County/Region

Nassau

MLS | Web ID

3405968

Features
General
Standard Status Pending
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* Excluded Features
List By
Richard Matt Shane

Listing Agent

All Island Estates Realty Corp

Broker

matthewshane8828@gmail.com

Email

Affordability Calculator

$22,455
Per Month
71%
29%
0%
Monthly Principal & Interest
$15,871
Monthly Property Taxes
$6,583
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2023$2,388,000 Listed Price

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108 Grove Street, Hempstead, NY, 11550 is a Commercial Property for sale at $2,388,000 with 19,502 sqft and a lot size of 0.45. 108 Grove Street is a studio with 0.0 baths and was built in 1938. The property's zip code is 11550 which is in Hempstead, NY