Rare Investment Opportunities!
Looking for a commercial building in Long Island? Good investment opportunities in Long Island, low cost, stable returns!

Property Overview
* Location: Valley Stream, Long Island
47 Franklin Ave, Valley Stream, NY 11580
* Floor area: 8,450 square feet
* Building area: 3,304 square feet
* Parking spaces: nearly18-20

Property structure
* First floor: restaurant, party room and outdoor BBQ dining area,2 bathrooms
* Second floor: office,1 full bathroom

Leasing status
* Current business: Mexican restaurant, beautifully decorated, booming business
* Rent: $7,100/month (including property tax), annual rental income $85,200
* Tenants bear all water, electricity and gas expenses.
* Lease: NNN lease 3 years remaining + 5 years renewable.
* Rent growth: 3%-4% per year

Return on investment
* Property tax: $25,600, tax reduction can be applied for
* Rate of return: about 6%
* Worry-free rent collection, stable cash flow

Additional advantages
* Homeowner loans can be provided, with interest rates better than banks
* Well-decorated, equipped with central heating and cooling system, new roof