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    Property profile & analytics

    721 Franklin Ave Franklin Square, NY 11010

    • Strip malls
    • 3,850 SF
    • 1.17 lot acres
    For Sale
    View listing
    $675,000
    Value Estimation
    Location Intelligence
    Property ID
    US63-0281055
    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

    • New York Italian Food Spec / Grocery Store
    • Red Mango / Frozen Yogurt Shop / Dessert Restaurant
    • North Valley Stream Republican / Association / Organization
    • Robert Damian Jewelers / Jeweler
    • Valley Stream Mortgage Corporation / Mortgage Lender

    Property Details for 721 Franklin Ave

    Year built
    1975
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.17 lot acres
    Property size
    3,850 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    35-496-00-0090
    APU
    35496000090

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Franklin Square
    County
    Nassau
    State
    New York
    Longitude
    -73.6855
    Latitude
    40.6884
    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
    $136,638
    $9,989
    $8,240
    $18,229
    -
    $0.00
    $0.00
    $1,822,900

    Comparable in this City

    • Value Estimation by Request
      10,477 SF

      320 Dogwood Ave, Unit 340

      SHOPPING CENTER, STRIP CENTER • 10,477 SF
      320 Dogwood Ave, Franklin Square, NY 11010-3439
      View Details
    • Value Estimation by Request
      7,000 SF

      662 Dogwood Ave, Unit 718

      SHOPPING CENTER, STRIP CENTER • 7,000 SF
      662 Dogwood Ave, Franklin Square, NY 11010-3247
      View Details
    • Value Estimation by Request
      9,870 SF

      740 Franklin Ave

      SHOPPING CENTER, STRIP CENTER • 9,870 SF
      740 Franklin Ave, Franklin Square, NY 11010-1120
      View Details
    • Value Estimation by Request
      20,125 SF

      166 New Hyde Park Rd, Unit 206

      SHOPPING CENTER, STRIP CENTER • 20,125 SF
      166 New Hyde Park Rd, Franklin Square, NY 11010-3012
      View Details
    • Value Estimation by Request
      20,277 SF

      968-984 Hempstead Tpke

      Lifestyle centers • 20,277 SF
      968-984 Hempstead Tpke, Franklin Square, NY 11010
      View Details
    • Value Estimation by Request
      4,800 SF

      730 Franklin Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 4,800 SF
      730 Franklin Ave, Franklin Square, NY 11010-1111
      View Details

    Similar Nearby for Sale

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      6,000 SF

      Turnkey Restaurant Opportunity in Franklin Square

      Fully equipped restaurant property for sale in Franklin Square, NY.
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      Franklin Square Mixed-Use Investment Opportunity

      Turnkey restaurant and retail property for sale in Franklin Square.
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      8,388 SF

      Retail Property on Hempstead Turnpike

      Freestanding retail property with high traffic and frontage.
      636 Hempstead Tpke, Franklin Square, NY 11010
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    • $675,000

      Turn-Key Italian Restaurant & Pizzeria

      Award-winning Italian restaurant and pizzeria for sale in Franklin Square.
      721 Franklin Ave, Franklin Square, NY 11010
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    • $179,000

      Renovated Bar with Liquor License

      Turnkey bar for sale in prime location with liquor license.
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      Retail Property in Franklin Square

      Retail property available for sale in Franklin Square, NY.
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    Similar Nearby for Lease

    • Contact for pricing
      2,200 SF

      Neighborhood Strip Center For Rent

      Neighborhood strip center anchored by King Kullen. High traffic location.
      170-206 New Hyde Park Rd, Franklin Square, NY 11010
      View Details
    • $26 SF/Yr
      6,549 SF

      Franklin Square Retail Space Available

      Retail space for lease in Franklin Square, New York.
      120 New Hyde Park Rd, Franklin Square, NY 11010
      View Details
    • $2,900 /Mo
      1,600 SF

      Franklin Square Office/Retail Space

      Office/retail space available at corner of Hempstead Turnpike & Madison.
      900 Hempstead Tpke, Franklin Square, NY 11010
      View Details
    • Contact for pricing
      1,697 SF

      Retail Units on Hempstead Turnpike

      Vanilla box retail units with high visibility and foot traffic.
      1081-1083 Hempstead Tpke, Franklin Square, NY 11010
      View Details
    • New
      $26 SF/Yr
      13,299 SF

      Franklin Square Retail For Lease

      Retail space in Franklin Square, high-traffic area, parking on-site.
      120 New Hyde Park Rd, Franklin Square, NY 11010
      View Details
    • Contact for pricing

      Hempstead Turnpike Office Space

      Prime Office, 1800 sq ft, Move-in Ready
      1040 Hempstead 12, Franklin Square, NY 11010
      View Details

    Property Visit Statistics

    • Visits by month
      4.7k
    • Visitors by month
      3.9k
    • Avg Time on site
      11 min
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    721 Franklin Ave
    Franklin Square, NY 11010
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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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