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    1040 Hempstead 12 Franklin Square, NY 11010

    Sponsored
    For Lease
    Contact for pricing

    Prime Office, 1800 sq ft, Move-in Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1800-square-foot office space is ideally located at 1040 Hempstead Turnpike, Suite 12, in Hempstead, NY 11010, within Nassau County. Situated on the first floor, this single-tenant suite offers unparalleled convenience with easy access via a rear storefront, eliminating steps. The property boasts excellent signage opportunities on the front, rear, and side of the building, ensuring high visibility. Currently in move-in ready condition, this professional suite features three private offices, a reception area, a kitchen area, and two new restrooms. Ample storage is provided within a dedicated storage room. All utilities, common area charges, and snow removal are included in the lease. A convenient, no-fee municipal parking lot is located at the rear of the building, and a bus stop is conveniently situated on the corner. This turnkey office space is a must-see for any business seeking a professional and efficient workspace. The property is classified as Office and Land, and is a single-story building.

    Property Features for 1040 Hempstead 12

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    0 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Franklin Square
    County
    Nassau
    State
    New York
    Longitude
    -73.6786561
    Latitude
    40.707979

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    FAQs

    What type of property is this?
    Land - Prime Office, 1800 sq ft, Move-in Ready
    Where is this land located?
    The property is located at 1040 Hempstead 12 Franklin Square, NY.
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    Franklin Square, NY 11010
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    Realmo Value Estimation

    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.

    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.

    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
    1040 Hempstead 12 Franklin Square, NY 11010
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