Technical
Financial
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Property profile

908-912B Hempstead Tpke Franklin Square, NY 11010

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

This exceptional investment opportunity presents four commercial lots totaling over 6,000 square feet of storefront space at 908-912B Hempstead Turnpike, Franklin Square, NY 11010. The property includes four separate deeds at closing. A significant feature is the expansive 6,000 square foot finished basement accessible via bilco doors, offering employee locker rooms, a private office, two private restrooms, and substantial storage. The main level storefront space is ideally suited for a variety of uses. One potential configuration includes a restaurant, bar, and party hall with patio seating, accommodating up to 244 patrons. Alternatively, the space could house a fully equipped pizzeria with ample seating and all necessary equipment. The property benefits from street parking and additional parking options on nearby Madison Avenue. Its prime location offers easy access to UBS Arena and the Belmont Park Village Outlet, situated in a thriving community with excellent schools and high foot traffic. This turnkey property presents a remarkable opportunity for a savvy investor seeking a high-return investment in a desirable location. The asking price is $2,300,000.

Property profile

Verified
Property type Commercial real estate

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

908-912B Hempstead Tpke Franklin Square, NY 11010
Franklin Square metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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