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For SaleLuxury

$1,700,000

37 days on market

510 S Franklin Street

Hempstead, NY 11550

View records
· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1963

Built

Listing narrative

Description

Excellent Investment / Owner-User Opportunity in Hempstead, Long Island Presenting an opportunity to acquire a three-story commercial property at 510 S Franklin Street in Hempstead, New York, conveniently situated along the South Franklin Street corridor. The property offers a flexible layout with multiple individual spaces, providing an attractive opportunity for an investor, business owner, professional practice, or organization seeking a Long Island location with the potential for multiple occupants and income streams. Investment Potential: Suitable for owner-user or investment consideration Accessibility: Convenient to surrounding residential neighborhoods, commercial districts and major Long Island roadways INVESTMENT OPPORTUNITY The property's multi-space configuration provides flexibility for a purchaser seeking to occupy all or a portion of the building while potentially leasing additional space to other occupants. The property may appeal to buyers seeking space for professional offices, administrative operations, medical/professional services, educational or community-oriented uses, or other commercial uses, subject to applicable zoning, permits and municipal approvals. For an investor, the building's layout provides an opportunity to evaluate a multi-tenant leasing strategy and potentially increase income through leasing and property management. Note that the property has rights to build up and build out additional floors onto the building.

Listing agent (MLS): Romualde Montreuil · Listing brokerage (MLS): Island Advantage Realty LLC

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,700,000

Beds

Beds n/a

Type

Multi-Family

Home Size

Sqft n/a

Baths

Baths n/a

Year

1963

Status

For Sale

Days on Market

37

· 8% down, 7% APR, 30yr fixed

Verified property data

Value, tax & last recorded sale

Public records available on the full property page

Estimated home value

Not available

Automated valuation estimate, not an appraisal. Value and range come from the connected property-data provider.

Public records are available on the full property page.

No record values are inferred or fabricated.

Full MLS property history

Confirmed unavailable from Atlas — listing-feed integration required for listing, relisting, price-change, status, pending, sold, withdrawn and expired events.

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Courtesy of Island Advantage Realty LLC