Property profile

91 Franklin St Hempstead, NY 11550

OFF-MARKET
Office buildings
Property ID
US63-0187052
1,816 SF 0.3 ac lot Built 1959
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1959
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,816 SF
Lot 0.3 ac (13,112 SF)
APN 34-292-00-0009
UPID US63-0187052

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
  • Food Bank Charitable Organization
  • Law Firm
  • Carpet Cleaning Service Janitorial Service
  • Painting Service General Contractor
  • Medical Clinic

Location

91 Franklin St Hempstead, NY 11550-3003
Hempstead metro Census 406701 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
$510k
Comparable Approach Comparable
$626k
Blend (final) Blend
$580k

Owner & transaction history

since 2022
7 recorded transactions
2022
$2.3M
2019
Price N/A
2016
$480,000
2016
Price N/A
2015
$998,000
2012
Price N/A
2000
$1.7M

Zoning & alternative use

Top alternative use upside
Warehouse, storage $915,000 +12.8%

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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