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Office Suite with Basement
For Lease
$6,500/Mo

120 S Franklin Avenue, Valley Stream, NY 11580

Private parking and a separate basement complement the first-floor office area.

Space Size4,300 SF
Property Size19,600 SF
Days on Market129

Property Features for 120 S Franklin Avenue

General Information

Standard status Active
Size 4,300 SF
Net Rentable 4,300 SF
Total Parking Spaces 8

Space & Availability

Available Space 4,300 SF
Contiguous Space 1,800 SF
Floor 1
Space Use Office

Site & Location

Neighborhood Central Valley Stream
Public Transit Yes

Taxes and HOA fees

Annual Taxes $11,444

Building Details

Building Size 19,600 SF
Stories 2
Listing Agency: BERKSHIRE HATHAWAY
Listed By: Annette Samant CBR SRES
Source: Croninreale
Added: Jun 18 Changed: Oct 23 Last Checked: Oct 23 at 9:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY

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Investment Insights

Based on property information with market context.

The first floor provides approximately 1,800+/- SF of office space scheduled for build-out. A separate 2,500+/- SF basement includes a full kitchen and offers additional space within the property. Private parking accommodates up to eight vehicles.

The office is one block from the Long Island Rail Road station.

Key Highlights

  • Approximately 1,800+/- SF of first‑floor office space slated for build‑out
  • 2,500+/- SF basement with a full kitchen
  • Private parking for up to eight vehicles

Property Analytics

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Current Use

Webster Bank Bank Sterling National Bank Bank

Suggested Use

Top Pick Gym & Fitness Center Hotel & Motel Storage Facility Veterinary Clinic Garden Center Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,882
Businesses Nearby

Demographics for 11580, NY

43,026
Population
13,582
Households
3.2
Avg Household Size
41
Median Age
38%
College-Educated
89%
High-School Grad
3.9 sq mi
ZIP Area
11,032
Density / Sq Mi
$135,385
Median Household Income
$56,417
Median Earnings
$1,852
Median Rent
$602,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Private parking and a separate basement complement the first-floor office area.
Where is this office unit located?
The property is located at 120 S Franklin Avenue Valley Stream, NY.
What is the lease rate?
The lease rate is $6,500/Mo.
What are key features of this property?
This property features: Approximately 1,800+/- SF of first‑floor office space slated for build‑out; 2,500+/- SF basement with a full kitchen; Private parking for up to eight vehicles
More about this property
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