Listing Agency: Colliers - Long Island/Jericho, New York

Listed By: Jordan baruch · License #NY 10401239180 Show Phone

Source: Crexi

Added: Apr 10 Changed: Sep 2 Last Checked: Sep 2 at 5:36AM

Report an Issue

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 Colliers - Long Island/Jericho, New York

Investment Insights

Based on property information with market context.

This retail property at 31 Franklin Avenue comprises 10,876 square feet and is offered for sale. The asset is identified as retail space within a commercial property classification.

The property is located in Hewlett, New York, with a 11557 ZIP code. The reported capitalization rate is 4.27%.

Key Highlights

• 10,876‑square‑foot retail property
• 4.27% capitalization rate
• 31 Franklin Avenue, Hewlett, NY 11557

Property Analytics

Property Profile

Current Use

Driving School of Hewlett Training Center Gold Star Mechanical ... HVAC Service Dunkin' Bakery Grow By Media ... Marketing & Advertising Part Showcase Garden Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Hotel & Motel Carpet & Flooring Store Nursing Home Garden Center Butcher

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

Location Intelligence

Trade Area within ½ mile

859

Businesses Nearby

42k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 53% Groceries 45% Home Improvements & Furnishings 2%

King Kullen Groceries

18,793 visits/mo 0.3 miles

7-Eleven Shops & Services

13,909 visits/mo 0.3 miles

Lukoil Shops & Services

4,542 visits/mo 0.5 miles

BP Shops & Services

4,006 visits/mo 0.5 miles

Ferguson Home Improvements & Furnishings

944 visits/mo 0.2 miles

Demographics for 11557, NY

8,659

Population

2,792

Households

3.1

Avg Household Size

43

Median Age

65%

College-Educated

92%

High-School Grad

2.0 sq mi

ZIP Area

4,330

Density / Sq Mi

$170,048

Median Household Income

$75,469

Median Earnings

$2,287

Median Rent

$708,400

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Legal Duplex with Detached Garage

1118 W Broadway, Hewlett, NY 11557

$899,999

0.19 Acres

View details

Hewlett Apartment Building For Sale

1390 Broadway 118, Hewlett, NY 11557

$488,000

2.92 Acres

View details

Spacious Coop in Garden Town

1205 E Broadway F-13, Hewlett, NY 11557

$205,000

View details

Top Floor Co-Op Apartment

1197 E broadway K24, Hewlett, NY 11557

$185,000

View details

Spacious Coop Garden Apartment

1390 Broadway 116, Hewlett, NY 11557

$275,000

View details

Frequently Asked Questions

What type of property is this?

Retail space - Retail property offered for sale as a single commercial asset.

Where is this retail space located?

The property is located at 31 Franklin Avenue Hewlett, NY.

What are key features of this property?

This property features: 10,876‑square‑foot retail property; 4.27% capitalization rate; 31 Franklin Avenue, Hewlett, NY 11557