Search
Three-Story Office Building
For Sale
$1,700,000

510 S Franklin Street, Hempstead, NY 11550

Commercial Sale, Hempstead, NY

Property SizeContact for details
Lot Size0.14 Acres
Days on Market50

Property Features for 510 S Franklin Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B
Rooms Basement
Parking features On Street
Basement Storage Space, Full
Elementary school district Hempstead
Middle school district Hempstead
High school district Hempstead
Standard status Active
APN 2013-36-007-00-0031-0
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 34157

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1963
Floors in Building 3
Number of units 7
Building materials Stone
Listing Agency: Island Advantage Realty LLC
Listed By: Romualde Montreuil
Added: Sep 9 Changed: Oct 23 Last Checked: Oct 28 at 6:06PM
MLS# 1049059

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This three-story office building contains multiple individual spaces within a stone-constructed property completed in 1963. The configuration may support an owner-user arrangement or occupancy by multiple businesses, subject to applicable zoning, permits, and municipal approvals. A basement is also included.

The property is located at 510 S Franklin Street in Hempstead, NY 11550, along the South Franklin Street corridor. It has access to public water and public sewer, with on-street parking available. B zoning is reported for the property, and the building has stated rights to add upward and expand floor area, subject to applicable requirements and approvals.

Heating is provided by forced air and cooling by central air. The layout may accommodate professional offices, administrative operations, medical or professional services, educational activities, community-oriented uses, or other permitted commercial applications.

Key Highlights

  • Three‑story office building on 0.1377 acres
  • Multiple individual spaces with potential for multi‑occupant use
  • Rights to build up and build out additional floors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Guerra Law Office Law Firm The Gant Corporation Clothing Store Life of luxury studio Recording Studio Royal Tiara Trading ... Corporate Office Synergy Ventures Corporation. Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office (Bike/Boat/Book/etc) Store Gym & Fitness Center Acupuncture

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

843
Businesses Nearby

Demographics for 11550, NY

61,901
Population
19,579
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
14,738
Density / Sq Mi
$86,904
Median Household Income
$40,662
Median Earnings
$1,647
Median Rent
$446,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Frequently Asked Questions

What type of property is this?
Office building - Multi-space office property with central air, forced-air heating, and a basement.
Where is this office building located?
The property is located at 510 S Franklin Street Hempstead, 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‑story office building on 0.1377 acres; Multiple individual spaces with potential for multi‑occupant use; Rights to build up and build out additional floors
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved