Listing Agency: E REALTY INTERNATIONAL CORP Show Phone

Listed By: SIYUAN WU C2EX Show Phone

Source: Corcoran

Added: Sep 26 Changed: Oct 1 Last Checked: Oct 1 at 11:51AM

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Investment Insights

Based on property information with market context.

This corner storefront is configured with five rooms and two bathrooms. Its prior use was as a spa, and the space is offered for rent.

The property fronts Franklin Avenue in Franklin Square. Nearby businesses and institutions include medical clinics, restaurants, schools, and building supply stores.

Key Highlights

• Corner storefront on Franklin Avenue
• Five rooms and two bathrooms
• Previously used as a spa

Property Analytics

Current Use

World College Of Lao ... Alternative Medicine Practice St Anne Church ... Church Eric Kim Physician Peter Chaplin Physician Tree Service & Removal ... Landscaping

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture Hotel & Motel Florist

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

Lease Details

Yes

Paved road access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,597

Businesses Nearby

89k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 51% Dining 46% Electronics 3%

Wendy's Dining

18,720 visits/mo 0.2 miles

Exxon Shops & Services

14,647 visits/mo 0.3 miles

Taco Bell Dining

12,993 visits/mo 0.2 miles

7-Eleven Shops & Services

8,785 visits/mo 0.4 miles

Dunkin' Donuts Dining

8,010 visits/mo 0.3 miles

Demographics for 11010, NY

25,013

Population

8,577

Households

2.9

Avg Household Size

44

Median Age

40%

College-Educated

91%

High-School Grad

2.4 sq mi

ZIP Area

10,422

Density / Sq Mi

$140,686

Median Household Income

$58,584

Median Earnings

$2,096

Median Rent

$647,300

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 storefront properties located? What is the lease rate? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• The Flower Shoppe — 14 New Hyde Park Rd, Franklin Square, NY 11010

Frequently Asked Questions

What type of property is this?

Storefront property - The street-level space has five rooms and two bathrooms, with a range of potential commercial applications.

Where is this storefront property located?

The property is located at 72 Franklin Avenue #1FL Franklin Square, NY.

What is the lease rate?

The lease rate is $4,300/Mo.

What are key features of this property?

This property features: Corner storefront on Franklin Avenue; Five rooms and two bathrooms; Previously used as a spa