Property profile

80 Franklin St Hempstead, NY 11550

OFF-MARKET
Office buildings
Property ID
US63-6147570
6,600 SF 0.15 ac lot Built 1940
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2,208 square foot office space at 80 N Franklin Street in Hempstead, NY, offers a single-tenant occupancy opportunity. Ideal for businesses of all sizes, this traditional office space provides 11 versatile office areas adaptable to various needs, from individual workspaces to collaborative areas and client meeting rooms. The property boasts a convenient location within a thriving business district, ensuring easy access to public transportation and a wealth of nearby amenities, including dining, shopping, and banking facilities. The well-maintained building features modern facilities, high-speed internet access, and ample parking. Flexible sublease terms are available, making this an attractive option for expanding companies, startups establishing a professional presence, or remote teams seeking a collaborative workspace. This prime Hempstead location offers a chance to elevate your business within a dynamic community. The property is a single-tenant space, providing privacy and control. Modern amenities and convenient access to transportation and services make this an ideal location for any business.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,600 SF
Lot 0.15 ac (6,660 SF)
APN 34-338-00-0024
UPID US63-6147570

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
  • Medical Clinic
  • Physician
  • Church Mosque
  • Church
  • Church

Location

80 Franklin St Hempstead, NY 11550-3049
Hempstead metro Census 406801 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.22M

Owner & transaction history

since 2017
3 recorded transactions
2017
Price N/A
1969
Price N/A
1969
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 80 Franklin St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message