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    Property profile & analytics

    130 Franklin St Hempstead, NY 11550-5611

    • Auto shops
    • 1,827 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    $1,400,000
    Last Sale
    Mar 10, 2025
    $1,450,000
    Location Intelligence
    Property ID
    US63-2719343
    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

    • ALCC Glory Tabernacle / Church
    • CARMART AUTO SALES & SERVICE CENTER / Auto Repair Shop
    • K B Unfaded Tattoos / Tattoo Shop
    • Visk Auto Center / Auto Repair Shop

    Property Details for 130 Franklin St

    Year built
    1957
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.39 lot acres
    Property size
    1,827 SF
    Property type
    Auto shops
    APN
    34-360-00-0858
    APU
    34360000858

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,445,000
      6.5%
      $1,535,000
      7%
      $1,430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,360,000
      Geo Method
      $1,475,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,550,000
      Retail
      $1,120,000
      Mixed-Use
      $1,365,000
      Hospitality
      $1,460,000
      Educational
      $1,515,000
      Residential Income
      $1,265,000
      Energy
      $1,425,000
      Income-Based Land
      $1,395,000
      Food Service
      $1,395,000

    Location Insight

    • Map
    • Local Demand
    City
    Hempstead
    County
    Nassau
    State
    New York
    Longitude
    -73.624
    Latitude
    40.7014
    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
    $26,670
    $4,407
    $1,011
    $5,418
    -
    $0.00
    $0.00
    $541,800

    Comparable in this City

    • Value Estimation by Request
      2,905 SF

      538 Peninsula Blvd

      AUTO REPAIR, GARAGE • 2,905 SF
      538 Peninsula Blvd, Hempstead, NY 11550-5428
      View Details
    • Value Estimation by Request
      3,980 SF

      428 Peninsula Blvd

      AUTO REPAIR, GARAGE • 3,980 SF
      428 Peninsula Blvd, Hempstead, NY 11550-4920
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    • Value Estimation by Request
      160 SF

      444 Peninsula Blvd

      AUTO REPAIR, GARAGE • 160 SF
      444 Peninsula Blvd, Hempstead, NY 11550-5425
      View Details
    • Value Estimation by Request
      4,060 SF

      55 Sealey Ave

      AUTO REPAIR, GARAGE • 4,060 SF
      55 Sealey Ave, Hempstead, NY 11550-1240
      View Details
    • Value Estimation by Request
      3,500 SF

      11 Newmans Ct

      AUTO REPAIR, GARAGE • 3,500 SF
      11 Newmans Ct, Hempstead, NY 11550-4814
      View Details
    • Value Estimation
      $1,010,000
      600 SF

      353 Long Bch Rd

      AUTO REPAIR, GARAGE • 600 SF
      353 Long Bch Rd, South Hempstead, NY 11550-7901
      View Details

    Similar Nearby for Sale

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      Hempstead Retail Property For Sale

      Retail property available for sale in Hempstead, New York.
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      Hempstead Retail Investment Opportunity

      Prime retail strip mall in bustling Hempstead, NY.
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    • $925,777
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      Profitable Commercial Property in Hempstead

      Commercial property with retail and residential units in vibrant location.
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      Profitable nail salon in Hempstead with strong monthly income.
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    Similar Nearby for Lease

    • Contact for pricing

      Prime Retail/Office Space Available

      Versatile space in a vibrant commercial district, Hempstead, NY.
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    • $3,000 /Mo
      800 SF

      Move-in Ready Commercial Space

      Second-floor commercial space with private offices and excellent visibility.
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      2,500 SF

      Retail Space with High Visibility

      Retail space with high traffic and ample parking available.
      80 Clinton St, Hempstead, NY 11550
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      5,200 SF

      Retail Space in Hempstead, NY

      Downtown community strip center with high-volume tenants.
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      4,000 SF

      Retail Space Near Hempstead Station

      Retail space walkable from Hempstead LIRR Station.
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    • Contact for pricing
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      Retail Space on Baldwin Road

      Retail space with high visibility at a busy intersection.
      175 Baldwin Rd, Hempstead, NY 11550
      View Details
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    130 Franklin St
    Hempstead, NY 11550-5611
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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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