133-147 New Hyde Park Rd., Franklin Square, NY 11010

ONLINE AUCTION

LAST CALL for auction registration. Online bidding will begin on September 25th with a starting-price of $1,890,000. Highest bidder wins. This is a 14-unit mixed-use rental with 8 retail units, 6 residential units, and 18,405 SF. 1 vacancy is soon to be filled. Gross income is $242,400. Total Expenses are $97,800, and Net Income is $144,600. This is a great cash-flowing opportunity for self-directed IRAs and solo 401(k)s. You can buy it right now, pre-auction, for $1,890,000 or buy it with leverage by putting 25% down and close with a loan to get 20% or more cash-on-cash return depending on how you structure the loan. I have lenders lined up ready to finance this deal for you if you need it. Must act fast. Verbal offers are pouring in. Won't last long. Recent comparables on the same street just sold for $174 per/sf and a 7.7 cap. This is a steal. No low ballers. Serious, ready, willing, and able only. I am the auctioneer and the listing agent. Contact me directly for more information and registration.