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    912 Hempstead Tpke Franklin Square, NY 11010

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    For Sale
    $2,300,000

    Fully equipped restaurant property for sale in Franklin Square, NY.

    Property size:
    6,000 SF
    Lot size:
    0.13 Acres

    Property Features for 912 Hempstead Tpke

    General Information

    Size
    6,000 SF
    Lot size
    0.13 Acres

    Source: Coldwell Banker - American Homes | Franklin Square Agent Elisette Ocampo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant Opportunity in Franklin Square

    A building is available for sale in as-is condition, located at 908, 910, 912, and 912B Hempstead Turnpike, Franklin Square, NY 11010. The property consists of four lots and four stores, combining for a total of 6000 square feet. An additional 6000 square feet of finished basement space is accessible via Bilco doors on the pizzeria side of the storefront. This property presents a significant investment opportunity with street and side street parking, as well as nearby free municipal parking. The location is near the UBS Arena and Bicester Village. Franklin Square is known for its restaurants and local businesses. The property is located in a community with schools, funeral homes, bus and transportation access, and convenient proximity to Queens County. The property is suitable for restaurant use, potentially accommodating two restrooms, a bar, a party hall, and an al fresco patio on one side, and a pizzeria with 60 seats, two restrooms, and a large kitchen on the other. The Department of Buildings indicates a seating capacity of 244. The property is fully equipped and turnkey. The location experiences high traffic.
    Insight Report Location Intelligence

    Current Use by Public Records

    Carmela's Ristorante Italian Restaurant

    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

    The Flower Shoppe

    Location Insight

    • Map
    • Local Demand
    City
    Franklin Square
    County
    Nassau
    State
    New York
    Longitude
    -73.673913
    Latitude
    40.70731

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    FAQs

    What type of property is this?
    Storefront property - Fully equipped restaurant property for sale in Franklin Square, NY.
    Where is this storefront property located?
    The property is located at 912 Hempstead Tpke Franklin Square, NY.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Turnkey opportunity: Fully equipped restaurant and pizzeria spaces ready for immediate operation.; - High seating capacity: Approved for 244 seats, offering significant revenue potential.; - Large combined store space: 6000 sq ft of store space plus an additional 6000 sq ft finished basement.
    (516) 825-6511
    Request Owner's contact information
    912 Hempstead Tpke Franklin Square, NY 11010
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    Franklin Square, NY 11010
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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
    912 Hempstead Tpke Franklin Square, NY 11010
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