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    510 S Franklin St Hempstead, NY 11550

    Sponsored
    For Sale
    $3,500,000

    Industrial - Hempstead, NY

    Type:Industrial
    Days on Market:
    268
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 510 S Franklin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Rooms
    Basement
    APN
    2013-36-007-00-0031-0
    Basement Y/N
    1

    Utilities

    Heating system
    Baseboard, Forced Air

    Building Details

    Year built
    1963
    Number of units
    10
    Architectural style
    Other

    Island Advantage Realty, LLC (631) 351-6000 [email protected]

    Listing agent Romualde Montreuil (631) 351-6000 License #10401383102

    Listing date Apr 13, 2025

    MLS# L3589750 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hempstead Industrial Property for Sale

    An industrial property located in Hempstead, Nassau County, New York, is available for sale. The property is situated at 510 S Franklin Street, Hempstead, NY 11550. The listing title indicates it is an industrial property. The list price is $3,500,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Guerra Law Office Attorney The Gant Corporation Clothing Store Life of luxury studio Music Producer Royal Tiara Trading ... Corporate Office Synergy Ventures Corporation. Commercial Real Estate Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hempstead
    County
    Nassau
    State
    New York
    Longitude
    -73.622642460139
    Latitude
    40.6895703

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    FAQs

    What type of property is this?
    Industrial property - Industrial property available for purchase in Hempstead, New York.
    Where is this industrial property located?
    The property is located at 510 S Franklin St Hempstead, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Industrial property suitable for business operations.; - Located in Hempstead, New York.; - Includes a basement.
    (631) 351-6000
    Request Owner's contact information
    510 S Franklin St Hempstead, NY 11550
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    Hempstead, NY 11550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    510 S Franklin St Hempstead, NY 11550
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