Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    721 Franklin Ave Franklin Square, NY 11010

    For Sale
    $675,000

    COMMERCIAL - Franklin Square, NY

    Days on Market:
    17
    Last Refresh:
    Dec 8 at 4:06 am

    Property Features for 721 Franklin Ave

    General Information

    Special listing conditions
    Third Party Approval
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Third Party Approval
    Standard status
    Active
    Zoning
    business
    APN
    2089-35-496-00-0090-0
    Parking
    80
    Parking features
    Parking Lot
    Appliances
    Convection Oven, Cooktop, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Gas Water Heater

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Number of units
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Brick

    Classic Realty Development Corporation (631) 331-7000 [email protected]

    Listing agent Gary J. DiVirgilio (631) 334-9983

    Listing date Nov 22, 2025

    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

    Turn-Key Italian Restaurant & Pizzeria

    This is a turn-key, award-winning Italian restaurant and pizzeria located on Franklin Avenue in Franklin Square, New York. The family-owned and operated establishment has been serving the community since 1976. The restaurant is known for its freshly made dishes prepared with fine ingredients and has been recognized as the winner of Best Pizza on Long Island. It features both a pizzeria for quick bites and a newly renovated dining room with a bar for a more comfortable experience. The restaurant has a full liquor license and a seating capacity of 77. It is situated in a strip center with 80 parking spots.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New York Italian ... Grocery Store Red Mango Frozen Yogurt Shop North Valley Stream ... Association / Organization Robert Damian Jewelers Jeweler Valley Stream Mortgage ... Mortgage Lender

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Moe's Southwest Grill

    Location Insight

    • Map
    • Local Demand
    City
    Franklin Square
    County
    Nassau
    State
    New York
    Longitude
    -73.685866
    Latitude
    40.688785

    Nearby Similar for Sale

    • $1,288,000
      Pending

      Renovated Duplex with Two-Car Garage

      Franklin Square legal two-family home, renovated, with modern amenities.
      763 Roosevelt St, Franklin Square, NY 11010
      View Details
    • $775,000
      1,342 SF

      Gardenia Park Duplex in Franklin Square

      Two-family duplex in the heart of Franklin Square, Nassau County.
      911 First Ave, Franklin Square, NY 11010
      View Details
    • $2,300,000
      6,000 SF

      Turnkey Restaurant Opportunity in Franklin Square

      Fully equipped restaurant property for sale in Franklin Square, NY.
      912 Hempstead Tpke, Franklin Square, NY 11010
      View Details
    • $55,000

      Turn-Key Hair Salon Opportunity

      Established hair salon for sale in Franklin Square.
      380 Franklin Ave, Franklin Square, NY 11010
      View Details
    • $998,000

      Spacious Home with Income Potential

      Bright, well-maintained home with mother-daughter permits in Franklin Square.
      850 First Ave, Franklin Square, NY 11010
      View Details
    • $179,000

      Renovated Bar with Liquor License

      Turnkey bar for sale in prime location with liquor license.
      368 Dogwood Ave, Franklin Square, NY 11010
      View Details

    FAQs

    What type of property is this?
    Restaurant - Award-winning Italian restaurant and pizzeria for sale in Franklin Square.
    Where is this restaurant located?
    The property is located at 721 Franklin Ave Franklin Square, NY.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Award-Winning Italian Restaurant & Pizzeria: Winner of Best Pizza on Long Island; - Full Liquor License; - Turn-Key Operation
    (631) 334-9983
    Request Owner's contact information
    721 Franklin Ave Franklin Square, NY 11010
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    721 Franklin Ave
    Franklin Square, NY 11010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    721 Franklin Ave Franklin Square, NY 11010
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.