908-912B Hempstead Tpke Franklin Square, NY 11010
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 908-912B Hempstead Tpke
- Property type
- Specialty properties
- Property subtype
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Franklin Square
- County
- Nassau
- State
- New York
- Longitude
- -73.6738
- Latitude
- 40.7072