Three-Unit Retail
For Sale
$1,700,000
159 S Franklin Avenue, Valley Stream, NY 11580
A three-unit retail property including a bar/grill and two vacant storefronts near an LIRR station.
Property SizeContact for details
Days on Market402
Property Features for 159 S Franklin Avenue
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$37,542
Amenities
Central air
Central Air Cooling
Natural Gas Heating
Building Details
Year Built
1948
Tenancy
Multi
Listing Agency:
RE/MAX CITY SQUARE
(516) 731-2700
Listed By:
BARRY M. HOCHHAUSER PSA · License #10301223712
Source:
Corcoran
Added: Jul 3, 2025
Changed: Aug 8
Last Checked: Jul 16 at 5:59AM
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 RE/MAX CITY SQUARE
Investment Insights
Based on property information with market context.
This for-sale retail building is divided into three separate units: one bar/grill and two vacant storefronts. The property is configured to support multiple tenants within a single asset, offering a straightforward setup for retail and food-and-beverage operators.
The building is located next to the Valley Stream LIRR station on the east side of S. Franklin Avenue, off of Sunrise Highway. Its positioning along a retail corridor can support visibility for everyday customer traffic.
With one unit already operating as a bar/grill and two additional storefronts available, the property may suit buyers seeking a mixed-use retail arrangement or an owner-operator plan that combines an existing food-and-beverage concept with leasing opportunities across the remaining spaces. Prospective tenants should review the available storefronts directly to confirm fit for their intended use.
The building is located next to the Valley Stream LIRR station on the east side of S. Franklin Avenue, off of Sunrise Highway. Its positioning along a retail corridor can support visibility for everyday customer traffic.
With one unit already operating as a bar/grill and two additional storefronts available, the property may suit buyers seeking a mixed-use retail arrangement or an owner-operator plan that combines an existing food-and-beverage concept with leasing opportunities across the remaining spaces. Prospective tenants should review the available storefronts directly to confirm fit for their intended use.
Key Highlights
- Three‑unit retail property built in 1948
- Includes 1 bar/grill unit and 2 vacant storefronts
- Located next to the Valley Stream LIRR station
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,882
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Dunkin' Donuts
Dining
16,695 visits/mo
0.5 miles
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
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Wild Iris Inc — 70 Sunrise Hwy, Valley Stream, NY 11580
Frequently Asked Questions
What type of property is this?
Storefront property - A three-unit retail property including a bar/grill and two vacant storefronts near an LIRR station.
Where is this storefront property located?
The property is located at 159 S Franklin Avenue Valley Stream, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Three‑unit retail property built in 1948; Includes 1 bar/grill unit and 2 vacant storefronts; Located next to the Valley Stream LIRR station
