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    596 Franklin Ave Elmont, NY 11003

    • Distribution centers
    • 7,620 SF
    • 2.33 lot acres
    OFF-MARKET
    Value Estimation
    $2,255,000
    Last Sale
    Jan 07, 2021
    $2,219,214
    Location Intelligence
    Property ID
    US63-4939227
    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

    • Isalis / Women'S Clothing Store / Jewelry Store
    • Party City / Party Store / Balloon Store
    • Skunk Funk / Corporate Campus / Wholesaler
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 596 Franklin Ave

    Year built
    1950
    Lot size
    2.33 lot acres
    Property size
    7,620 SF
    Property type
    Distribution centers
    APN
    35-00B-00-1152
    APU
    3500B001152

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,230,000
      6.5%
      $2,265,000
      7%
      $2,235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,190,000
      Geo Method
      $2,505,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,085,000
      Retail
      $1,850,000
      Mixed-Use
      $1,955,000
      Hospitality
      $1,790,000
      Educational
      $2,055,000
      Residential Income
      $1,760,000
      Energy
      $2,270,000
      Income-Based Land
      $1,720,000
      Food Service
      $2,030,000

    Location Insight

    • Map
    • Local Demand
    City
    Elmont
    County
    Nassau
    State
    New York
    Longitude
    -73.6848
    Latitude
    40.6924
    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
    $136,976
    $20,754
    $532
    $21,286
    -
    $0.00
    $0.00
    $2,128,600

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      336 Meacham Ave

      DISTRIBUTION WAREHOUSE • 3,200 SF
      336 Meacham Ave, Elmont, NY 11003-3849
      View Details
    • Value Estimation by Request
      3,432 SF

      514 Meacham Ave

      DISTRIBUTION WAREHOUSE • 3,432 SF
      514 Meacham Ave, Elmont, NY 11003-3801
      View Details
    • Value Estimation by Request
      3,540 SF

      245 Meacham Ave

      DISTRIBUTION WAREHOUSE • 3,540 SF
      245 Meacham Ave, Elmont, NY 11003-3210
      View Details
    • Value Estimation
      $1,020,000
      2,400 SF

      272 Elmont Rd

      DISTRIBUTION WAREHOUSE • 2,400 SF
      272 Elmont Rd, Elmont, NY 11003-1600
      View Details
    • Value Estimation by Request
      0.01 Acres

      14 Plainfield Ave

      DISTRIBUTION WAREHOUSE • 0.01 Acres
      14 Plainfield Ave, Elmont, NY 11003-1218
      View Details
    • Value Estimation by Request
      4,000 SF

      257 Hempstead Tpke

      DISTRIBUTION WAREHOUSE • 4,000 SF
      257 Hempstead Tpke, Elmont, NY 11003-1539
      View Details

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    Similar Nearby for Lease

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      Retail space with high visibility and ample parking available.
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      6,000 SF

      Renovated Office Space Near Highways

      Fully renovated office space with convenient highway access.
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      Renovated office space with modern features and excellent location.
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    596 Franklin Ave
    Elmont, NY 11003
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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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