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197 N Main Street N

Freeport, NY 11520
  • $549,000
  • STATUS: Active
  • ON SITE: 161 Days
  • ID#: 3548749
UPDATED: 31 min ago
$549,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1922
County:
Area:

School Ratings & Info

Description

This is a chance to buy a zero-management, 100%-occupied building with two existing tenants: a restaurant and a bakery. The restaurant signed a new 5-year lease, while the bakery agreed to a 10-year lease. The landlord is responsible for paying property taxes, insurance, and water, as well as roof and structural repairs. The structure sits on a 2,400-square-foot lot with a 900-square-foot basement and a 900-square-foot yard.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2024-10-11T22:18:24.04.
www.hudsonlivingny.com/homes/150125678
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197 N Main Street N Freeport, NY 11520

  • Price: $549,000
  • Status: Active
  • On Site: 161 Days
  • Updated: 31 min ago
  • ID#: 3548749
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1922
Built
Neighborhood:
Hempstead
County:
Nassau
Area:
Hempstead
Property Description
This is a chance to buy a zero-management, 100%-occupied building with two existing tenants: a restaurant and a bakery. The restaurant signed a new 5-year lease, while the bakery agreed to a 10-year lease. The landlord is responsible for paying property taxes, insurance, and water, as well as roof and structural repairs. The structure sits on a 2,400-square-foot lot with a 900-square-foot basement and a 900-square-foot yard.
Exterior Features

Cross Street West Dean Street Overhead Door 0

Interior Features

Entry Level 1 Heating Natural GasForced Air

Property Features

Building Size 2400 Business Type Retail Current Use Food Service Gross Income 51204 MLSArea Minor 6 Net Operating Income 35504 Operating Expense 15700 Potential Rental Income YN No Property Sub Type Retail Sewer Public Sewer Tax Annual Amount 12486 Tax Annual Amount1 12486 Zoning Description Retail

Listing courtesy of Manuel Raposo of Happy Place: 646-217-1910
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2024-10-11T22:18:24.04.
 
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Howard Hanna Rand Realty
46 S Broadway
Nyack NY, 10960