Back to Search

For sale
Showrooms
NY
Franklin Square
11010
465 Franklin Avenue

Renovated Showroom with Storage

465 Franklin Avenue, Franklin Square, NY 11010

View on Map

For Sale

$2,450,000

High-traffic commercial location with renovated showroom and storage.

Type:Commercial/Industrial

Property size:

7,906 SF

Price / SF:

$309/SF

HighLights

Newly renovated showroom in a high‑traffic commercial location.
Prime frontage with excellent visibility.
11‑foot roll‑up door and 12‑foot ceilings for storage and deliveries.
Fenced‑in private lot.
Turn‑key condition, suitable for immediate use.
Ideal for either an end‑user or investor.

We can help!

Listing Contact

Ben Indiviglia Jr

For Sale

$2,450,000

High-traffic commercial location with renovated showroom and storage.

Type:Commercial/Industrial

Property size:

7,906 SF

Price / SF:

$309/SF

Added:: Dec 10, 2024
Days on Market:: 549
Last Refresh:: May 19 at 8:53 pm

Property Features for 465 Franklin Avenue

General Information

Standard status: Active
Size: 7,906 SF
Property subtype: Commercial/Industrial

Building Details

Year Built: 1962

We can help!

Listing Contact

Ben Indiviglia Jr

Listing agent Ben Indiviglia Jr License #10401224061

Listing office Douglas Elliman Comm of LI LLC

Listing date Dec 10, 2024

Source Exitrealty

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 Douglas Elliman Comm of LI LLC

HighLights

Newly renovated showroom in a high‑traffic commercial location.
Prime frontage with excellent visibility.
11‑foot roll‑up door and 12‑foot ceilings for storage and deliveries.
Fenced‑in private lot.
Turn‑key condition, suitable for immediate use.
Ideal for either an end‑user or investor.

Overview

This multi-use commercial property benefits from high traffic and prime frontage. It features a newly renovated showroom equipped with an 11-foot roll-up door and 12-foot ceilings suitable for storage and deliveries. The property includes street parking, a fenced-in private lot, and rear storage, presenting various opportunities for a buyer. The building size is 7906 square feet. This location is suitable for both an end user or investor.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$237.2k	$30.00
− Vacancy	−$13.5k	−$1.71
EGI	$223.7k	$28.29
− OpEx	−$67.1k	−$8.49
NOI	$156.6k	$19.80

7,906 SF · lease $30.00/SF/yr · vacancy 5.70% · expense 30.00%

Alternative Uses

Best Use

Retail

$2.24M

$1.96M – $2.61M (±1% cap)

NOI $156,563 @ 7.0% cap · market cap 6.39%

Second Best

Warehouse

$1.96M

$1.72M – $2.29M (±1% cap)

NOI $137,391 @ 7.0% cap · market cap 5.61%

Theoretical Best

Specialty Retail

$5.23M

$4.57M – $6.10M (±1% cap)

NOI $365,909 @ 7.0% cap · market cap 14.94%

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

Property Profile Location Intelligence

Current Use by Public Records

Perry's Flooring America Carpet & Flooring Store

Suggested Use

Similar Places Nearby

TC Kitchen & Bath — 315 Franklin Ave, Franklin Square, NY 11010
Perry's Flooring America — 465 Franklin Ave, Franklin Square, NY 11010
The Grout Medic of Westchester County, New York — 384 Oakley Ave, Elmont, NY 11003

Location Insight

Map
Local Demand

City: Franklin Square
County: Nassau
State: New York
Longitude: -73.6825
Latitude: 40.6951

Nearby Similar for Sale

$1,200,000

Franklin Square Mixed-Use Building

Redone mixed-use building with apartments and coffee cafe.

882 Hempstead Turnpike, 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

View Details
$598,000

Restaurant For Sale

Restaurant property offered for sale in Nassau County, suitable for operators seeking a turnkey retail food concept site.

930 Hempstead Turnpike, Franklin Square, NY 11010

View Details
$3,250,000

7,742 SF

Two-Story Office Building For Sale

Two-story office building with on-site parking and income potential.

1200 Hempstead Turnpike, Franklin Square, NY 11010

View Details
$1,200,000

3,840 SF

Restaurant with Basement Party Room

Restaurant with a basement party room available for sale.

763 Hempstead Turnpike, Franklin Square, NY 11010

View Details
$675,000

Turn-Key Italian Restaurant and Pizzeria

Turn-key Italian restaurant with a newly renovated dining room, bar, and full liquor license for on-site dining.

721 Franklin Avenue, Franklin Square, NY 11010

View Details
$2,300,000

6,000 SF

Franklin Square Prime Plaza Opportunity

Four-unit strip center with pizzeria and banquet hall.

908 Hempstead Turnpike, Franklin Square, NY 11010

View Details
$2,400,000

8,388 SF

Retail Property on Hempstead Turnpike

Freestanding retail property with high traffic and frontage.

636 Hempstead Tpke, Franklin Square, NY

View Details
$99,999

900 SF

Turn-Key Coffee Shop

Renovated cafe with private parking and fully included equipment, furniture, and decor, plus basement storage.

882 Hempstead Turnpike, Franklin Square, NY 11010

View Details
$3,750,000

7,915 SF

Retail Property in Franklin Square

Retail property available for sale in Franklin Square, NY.

747 Franklin Ave, Franklin Square, NY

View Details
Contact for pricing
10,800 SF

Franklin Square Theater For Sale

10,800 SF theater with over 800 seats.

989 Hempstead Tpke, Franklin Square, NY

View Details

For sale
Showrooms
NY
Franklin Square
11010
465 Franklin Avenue

What type of property is this?

Showroom - High-traffic commercial location with renovated showroom and storage.

Where is this showroom located?

The property is located at 465 Franklin Avenue Franklin Square, NY.

What is the asking price?

The asking price for this property is $2,450,000.

What are key features of this property?

This property features: Newly renovated showroom in a high‑traffic commercial location.; Prime frontage with excellent visibility.; 11‑foot roll‑up door and 12‑foot ceilings for storage and deliveries.