510 Franklin St, Hempstead, NY 11550-7643
This exceptional industrial property, located at 510 S Franklin St in Hempstead, New York, presents a significant investment opportunity. Priced at $3,500,000, the property offers substantial potential for a variety of industrial uses. While the exact square footage is not currently specified, the building sits on a zero-acre lot, suggesting a compact and efficient layout ideal for businesses needing a strategic Hempstead presence. The property's address in Hempstead positions it within a dynamic commercial area, offering convenient access to major transportation routes and a skilled workforce. This makes it an attractive option for companies seeking a well-situated industrial space. Further details regarding the building's internal specifications, including layout, amenities, and potential for expansion, are available upon request. Given the prime location and competitive price point, this property is expected to generate significant interest. Serious inquiries are encouraged to explore this compelling investment opportunity in the thriving Hempstead market. The absence of specified square footage presents an opportunity for customization and efficient space planning to meet specific business needs. This property is ready for immediate occupancy and offers a unique chance to establish a strong foothold in a desirable commercial area.
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The Guerra Law Office Law Firm
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The Gant Corporation Clothing Store
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Life of luxury studio Recording Studio
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Royal Tiara Trading Ltd Corporate Office
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Synergy Ventures Corporation. Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.