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    Property profile & analytics

    1060 Hempstead Tpke Franklin Square, NY 11010-2629

    • Banks
    • 572 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $3,475,000
    Last Sale
    Nov 10, 2022
    $3,575,000
    Location Intelligence
    Property ID
    US63-5838115
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Citi / Bank
    • Citi ATM / Atm

    Property Details for 1060 Hempstead Tpke

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.26 lot acres
    Property size
    572 SF
    Property type
    Banks
    APN
    33-384-00-0424
    APU
    33384000424

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,465,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,685,000
      6.5%
      $3,815,000
      7%
      $3,445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,090,000
      Geo Method
      $3,925,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,940,000
      Retail
      $3,390,000
      Mixed-Use
      $3,670,000
      Hospitality
      $3,510,000
      Educational
      $3,810,000
      Residential Income
      $3,780,000
      Energy
      $2,875,000
      Income-Based Land
      $3,525,000
      Food Service
      $3,980,000

    Location Insight

    • Map
    • Local Demand
    City
    Franklin Square
    County
    Nassau
    State
    New York
    Longitude
    -73.6795
    Latitude
    40.7081
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $75,098
    $3,497
    $7,687
    $11,184
    -
    $0.00
    $0.00
    $1,118,400

    Comparable in this City

    • Value Estimation by Request
      2,456 SF

      675 Hempstead Tpke

      FINANCIAL BUILDING • 2,456 SF
      675 Hempstead Tpke, Franklin Square, NY 11010-4334
      View Details
    • Value Estimation by Request
      2,530 SF

      720 Franklin Ave

      FINANCIAL BUILDING • 2,530 SF
      720 Franklin Ave, Franklin Square, NY 11010-1111
      View Details
    • Value Estimation by Request
      4,900 SF

      611 Hempstead Tpke

      FINANCIAL BUILDING • 4,900 SF
      611 Hempstead Tpke, Franklin Square, NY 11010
      View Details
    • Value Estimation by Request
      4,104 SF

      925 Hempstead Tpke

      FINANCIAL BUILDING • 4,104 SF
      925 Hempstead Tpke, Franklin Square, NY 11010-3641
      View Details
    • Value Estimation by Request
      1,570 SF

      1010 Hempstead Tpke

      FINANCIAL BUILDING • 1,570 SF
      1010 Hempstead Tpke, Franklin Square, NY 11010-2531
      View Details
    • Value Estimation
      $955,000
      100 SF

      711 Franklin Ave

      FINANCIAL BUILDING • 100 SF
      711 Franklin Ave, Franklin Square, NY 11010-1107
      View Details

    Similar Nearby for Sale

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      Turnkey Restaurant Opportunity in Franklin Square

      Fully equipped restaurant property for sale in Franklin Square, NY.
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      Franklin Square Mixed-Use Investment Opportunity

      Turnkey restaurant and retail property for sale in Franklin Square.
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      Multi-use commercial property with renovated showroom, storage, and parking.
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    • $2,400,000
      8,388 SF

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      Freestanding retail property with high traffic and frontage.
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    Similar Nearby for Lease

    • $26 SF/Yr
      6,549 SF

      Franklin Square Retail Space Available

      Retail space for lease in Franklin Square, New York.
      120 New Hyde Park Rd, Franklin Square, NY 11010
      View Details
    • $2,900 /Mo
      1,600 SF

      Franklin Square Office/Retail Space

      Office/retail space available at corner of Hempstead Turnpike & Madison.
      900 Hempstead Tpke, Franklin Square, NY 11010
      View Details
    • Contact for pricing
      1,697 SF

      Retail Units on Hempstead Turnpike

      Vanilla box retail units with high visibility and foot traffic.
      1081-1083 Hempstead Tpke, Franklin Square, NY 11010
      View Details
    • New
      $26 SF/Yr
      13,299 SF

      Franklin Square Retail For Lease

      Retail space in Franklin Square, high-traffic area, parking on-site.
      120 New Hyde Park Rd, Franklin Square, NY 11010
      View Details
    • Contact for pricing
      2,200 SF

      Neighborhood Strip Center For Rent

      Neighborhood strip center anchored by King Kullen. High traffic location.
      170-206 New Hyde Park Rd, Franklin Square, NY 11010
      View Details
    • Contact for pricing

      Hempstead Turnpike Office Space

      Prime Office, 1800 sq ft, Move-in Ready
      1040 Hempstead 12, Franklin Square, NY 11010
      View Details

    Property Visit Statistics

    • Visits by month
      1.5k
    • Visitors by month
      1.6k
    • Avg Time on site
      34 min
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    Franklin Square, NY 11010-2629
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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
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