Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    First-Floor Office Suite Title is generated by Realmo AI

    750-754 Hempstead Turnpike #First floor, Franklin Square, NY 11010

    View on Map
    Claim this Listing
    For Lease
    $3,500 /Mo

    First-floor walk-in office space in excellent condition with conference room, central HVAC, and on-site parking.

    Type:Commercial
    Added:
    May 27, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 4 at 1:48 am

    Property Features for 750-754 Hempstead Turnpike #First floor

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    We can help!

    Listing Contact
    STACY L. LEONE

    Listing agent STACY L. LEONE

    Listing office SILVERPOINT REALTY LLC

    Listing date May 27, 2026

    Source Corcoran

    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 SILVERPOINT REALTY LLC

    HighLights

    • First‑floor walk‑in office space in excellent condition
    • Includes a conference room and multiple offices
    • Central A/C and heat
    • Conference room, offices, and egress for safety/access
    • Tenant pays utilities
    • One‑car on‑site parking

    Overview

    This professional office building offers an excellent condition first-floor space with a walk-in layout. The suite includes a conference room and private office areas, supported by central air and heat for year-round comfort. Egress is provided, and the building is designed for straightforward day-to-day operations.

    The property is situated at a signalized corner location with high traffic exposure. It features a one-car parking option on-site, and the tenant is responsible for utilities.

    This space is a practical fit for professional services or other business uses that need finished office rooms and a dedicated conference area, while valuing convenient street-level access. With central HVAC, clearly defined office and meeting space, and on-site parking for one vehicle, it supports routine client meetings and regular staffing needs.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin Square
    County
    Nassau
    State
    New York
    Longitude
    -73.667751
    Latitude
    40.707141

    Nearby Similar for Lease

    • $2,500/Mo
      560 SF

      Franklin Square Storefront for Rent

      Move-in ready storefront in Franklin Square with excellent visibility.
      145 New Hyde Park Road, Franklin Square, NY 11010
      View Details
    • $3,600/Mo
      900 SF

      Franklin Square Storefront For Rent

      900 sqft storefront in Franklin Square, suitable for professional use.
      145 New Hyde Park Road, Franklin Square, NY 11010
      View Details
    • $26 SF/Yr
      6,549 SF

      Franklin Square Retail Space Available

      Retail space for lease in Franklin Square, high-traffic location.
      120 New Hyde Park Rd, Franklin Square, NY 11010
      View Details
    • $3,600/Mo
      900 SF

      Franklin Square Storefront Opportunity

      Approximately 900 square feet storefront suitable for professional use.
      145 New Hyde Park Rd 139, Franklin Square, NY 11010
      View Details
    • $2,500/Mo

      Professional Office Suite For Rent

      Second floor office suite with utilities included and parking.
      750-754 Hempstead Tpke 202, Franklin Square, NY 11010
      View Details
    • $12 SF/Yr

      Functional Office Space Available

      Move-in ready office space on Hempstead Turnpike.
      681 Hempstead Tpke, Franklin Square, NY 11010
      View Details
    • $1,500/Mo
      1,800 SF

      Second-Floor Professional Office Suite

      Turnkey office suite with elevator access, private offices, and window signage for business visibility.
      1040 Hempstead #23, Franklin Square, NY 11010
      View Details
    • $35 SF/Yr

      Turn-Key Office Space Available

      First floor office space with high visibility and on-site parking.
      1200 Hempstead Turnpike, Franklin Square, NY 11010
      View Details
    • Contact for pricing
      2,200 SF

      Neighborhood Strip Center For Rent

      Neighborhood strip center anchored by King Kullen. High traffic location.
      170-206 New Hyde Park Rd, Franklin Square, NY
      View Details
    • Contact for pricing
      1,697 SF

      Retail Units on Hempstead Turnpike

      Vanilla box retail units with high visibility and foot traffic.
      1081-1083 Hempstead Tpke, Franklin Square, NY
      View Details

    FAQs

    What type of property is this?
    Office building - First-floor walk-in office space in excellent condition with conference room, central HVAC, and on-site parking.
    Where is this office building located?
    The property is located at 750-754 Hempstead Turnpike #First floor Franklin Square, NY.
    What is the lease rate?
    The lease rate is $3,500 /Mo.
    What are key features of this property?
    This property features: First‑floor walk‑in office space in excellent condition; Includes a conference room and multiple offices; Central A/C and heat
    (516) 582-0502
    We can help!
    Listing Contact
    STACY L. LEONE
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    750-754 Hempstead Turnpike #First floor, Franklin Square, NY 11010
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!