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Mixed-Use Building with Retail and Offices
For Sale
Contact for pricing
Pending

942-956 Hempstead Turnpike, Franklin Square, NY 11010

Mixed-use property combining office, retail, and residential units with on-site parking.

Property SizeContact for details
Days on Market141

Property Features for 942-956 Hempstead Turnpike

General Information

Standard status Pending
Total Parking Spaces 10
Property subtype Retail, Multifamily, Office, Mixed Use

Additional Details

Corner Location Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: American Investment Properties
Listed By: Ron Koenigsberg CCIM · License #NY 31K00933350
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:18PM

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 American Investment Properties

Investment Insights

Based on property information with market context.

This mixed-use building brings together 5 office units, 15 retail units, and 19 residential units within one property. The varied configuration supports a combination of commercial and residential occupancy in a single building.

The property is identified at 942-956 Hempstead Turnpike and 4-20 New Hyde Park Road in Franklin Square, New York. It sits at a signalized intersection and is positioned among neighborhood retail and other amenities. Ten parking spaces are located behind the building.

Key Highlights

  • 5 office units, 15 retail units, and 19 residential units
  • Mixed‑use building combining commercial and residential components
  • Signalized intersection location in Franklin Square, NY

Property Analytics

Current Use

Retail space

Suggested Use

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

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,402
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property combining office, retail, and residential units with on-site parking.
Where is this mixed-use property located?
The property is located at 942-956 Hempstead Turnpike Franklin Square, NY.
What are key features of this property?
This property features: 5 office units, 15 retail units, and 19 residential units; Mixed‑use building combining commercial and residential components; Signalized intersection location in Franklin Square, NY
(516) 393-2300 Call to check price and availability
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