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Office Space with Private Parking
For Lease
$6,500/Mo

120 S Franklin Avenue, Valley Stream, NY 11580

COMMERCIAL - Valley Stream, NY

Space SizeContact for details
Days on Market53

Property Features for 120 S Franklin Avenue

General Information

Property type Commercial Lease
Property subtype Office
Rooms Basement
Parking 8
Parking features Parking Lot
Basement Finished, Full
Elementary school district Valley Stream - 24
Middle school district Valley Stream Central
High school district Valley Stream Central
Standard status Active
APN 2035-37-333-00-0162-0

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11445

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Amenities

full kitchen

Building Details

Floors in Building 2
Building materials Brick
Listing Agency: BERKSHIRE HATHAWAY · Berkshire Hathaway HomeServices
Listed By: Annette Samant CBR SRES
Added: Jun 18 Changed: Aug 4 Last Checked: Aug 9 at 6:06PM
MLS# 1015390

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Office space in a brick building at 120 S Franklin Avenue, Valley Stream, featuring private parking for up to eight vehicles. The first floor provides approximately 1,800+/- SF of versatile office space suitable for medical, professional, or administrative use.

A spacious basement of approximately 2,500+/- SF includes a full kitchen and can support storage, staff facilities, or additional operational needs. The property sits about one block from the Long Island Rail Road (LIRR) station, offering convenient access to multiple transportation options.

The space is equipped with a heat pump for heating and central air for cooling. Water is provided by public service and sewer is public sewer, with on-site parking in a parking lot setting.

Key Highlights

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

Property Analytics

Current Use

Webster Bank Bank Sterling National Bank Bank

Suggested Use

Top Pick Gym & Fitness Center Hotel & Motel Storage Facility Veterinary Clinic Nursing Home Pet Grooming Service

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

Market

Lease Benchmarks for Valley Stream, NY

$35.73 /SF/Yr
Avg Asking Price
$25.3–$53.33 /SF/Yr
Price Range
1,914 SF
Avg Space Size

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - First-floor office space with central air and private parking for up to eight vehicles, close to LIRR access.
Where is this office units 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: Private parking for up to eight vehicles; Approximately 1,800+/- SF first‑floor office space for full build‑out; Approximately 2,500+/- SF basement with a full kitchen
More about this property
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