Property profile

653 Franklin Ave Garden City, NY 11530

OFF-MARKET
Retail space
Property ID
US63-2372053
3,046 SF 0.19 ac lot Built 1921
Individually Owned Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1921
Construction FRAME
Total area 3,046 SF
Lot 0.19 ac (8,100 SF)
APN 34-091-00-0123
UPID US63-2372053

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

653 Franklin Ave Garden City, NY 11530-5778
Garden City metro Census 406400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.00M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $3.0M +23.9%
Neighborhood: shopping center $2.7M +11.1%
Office building $2.4M +1.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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