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Property profile & analytics
OFF-MARKET
Specialty properties

908-912B Hempstead Tpke Franklin Square, NY 11010

Property ID
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 Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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