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Property profile & analytics
FOR SALE
Office buildings

1200 Hempstead Tpke Franklin Square, NY 11010

Built 1959
Property ID
US63-Q020254
Property summary
AI-generated overview

Located just 7 minutes from the UBS Arena Development Project and Cross Island Parkway with a bus stop directly across the street from the building provides easy access. On-site parking for 16 cars and 100 feet of frontage for signage and exposure. This 7742 square foot, 2 story office building with on-site parking offers the best of both worlds. Featuring 3950 square feet 1st floor finished office space consisting of a conference room, multiple office, 2 bull pens, and 3 bathrooms for an owner user combined with 3792 square feet of leased 2nd floor space and income to cover expenses with a 7 year lease. This prime location offers 100 feet of frontage for visibility and exposure at a signaled intersection with a bus stop directly across the street. Move right and get to business.

Property profile
Verified
Property type Office buildings
Year built 1959
UPID US63-Q020254
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
Current use
Occupant on record · Public records
  • Richard F. Raad, MA Counselor
  • Robert Beato Mortgage Loan Service Bank
  • Bridgeview Mortgage Corporation Loan Service Bank
  • Realty Executives At Your Services Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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by Request
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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More about this property
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