Realmo Analytics

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Financial
Distress signals
Property profile

1081 Hempstead Tpke Franklin Square, NY 11010

FOR LEASE
Investment properties
Property ID
US63-0237638
8,900 SF 0.36 ac lot Built 1951
Last sale Apr 2018 · $1,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$95k
Tax billed · 2023
Assessed value$13k
Assessed land$5k
Assessed improvement$8k
Effective rate711.52%

Value estimate

· Oct 2026
$1.21M
$1.09M – $1.33M
Submarket $/SF estimate$1.45M
NOI build-up
Gross scheduled income$89k
Vacancy & credit loss−$16k
Operating expenses−$18k
NOI · 611.39% cap applied$55k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$647/SF
County average, outlier-cleaned · 604 recorded sales of this use type
Observed band · Q1–Q3$302 – $1,068
Qualifying comparables7

Cap rate analysis

How does the asset earn?
611.39%
$55k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.2
Parking Facility12.6
Acupuncture10.9

Location

1081 Hempstead Tpke Franklin Square, NY 11010
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
360 Dogwood, Franklin Square, NY 11010-3439 $1,700,000 May 2025 6,900 SF
1202 Hempstead, Franklin Square, NY 11010-1534 $3,900,000 Aug 2024 7,245 SF
968 Hempstead, Franklin Square, NY 11010-2531 $4,500,000 Oct 2022 5,510 SF
465 Franklin, Franklin Square, NY 11010-1228 $1,700,000 Jul 2021 5,548 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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