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    Property profile & analytics

    968 Hempstead Tpke, Unit 984 Franklin Square, NY 11010-2531

    • Investment properties
    • 5,510 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    $4,305,000
    Last Sale
    Oct 04, 2022
    $4,500,000
    Location Intelligence
    Property ID
    US63-1449056
    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

    • PoshDeli / American Restaurant

    Property Details for 968 Hempstead Tpke

    Year built
    1947
    Lot size
    0.53 lot acres
    Property size
    5,510 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    33-395-00-0157
    APU
    33395000157

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,185,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,015,000
      6.5%
      $4,230,000
      7%
      $4,255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,170,000
      Geo Method
      $5,315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,320,000
      Retail
      $4,265,000
      Mixed-Use
      $3,890,000
      Hospitality
      $4,140,000
      Educational
      $4,140,000
      Residential Income
      $5,085,000
      Energy
      $3,820,000
      Income-Based Land
      $4,235,000
      Food Service
      $4,645,000

    Location Insight

    • Map
    • Local Demand
    City
    Franklin Square
    County
    Nassau
    State
    New York
    Longitude
    -73.6762
    Latitude
    40.7078
    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
    $174,727
    $7,208
    $19,611
    $26,819
    -
    $0.00
    $0.00
    $2,681,900

    Comparable in this City

    • Value Estimation by Request
      2,505 SF

      320 Franklin Ave

      STORE/OFFICE (MIXED USE) • 2,505 SF
      320 Franklin Ave, Franklin Square, NY 11010-1332
      View Details
    • Value Estimation by Request
      4,526 SF

      640 Franklin Ave

      STORE/OFFICE (MIXED USE) • 4,526 SF
      640 Franklin Ave, Franklin Square, NY 11010-1108
      View Details
    • Value Estimation by Request
      12,000 SF

      691 Franklin Ave

      STORE/OFFICE (MIXED USE) • 12,000 SF
      691 Franklin Ave, Franklin Square, NY 11010-1106
      View Details
    • Value Estimation by Request
      3,762 SF

      560 Franklin Ave

      STORE/OFFICE (MIXED USE) • 3,762 SF
      560 Franklin Ave, Franklin Square, NY 11010-1108
      View Details
    • Value Estimation by Request
      627 SF

      797 Hempstead Tpke

      STORE/OFFICE (MIXED USE) • 627 SF
      797 Hempstead Tpke, Franklin Square, NY 11010-4327
      View Details
    • Value Estimation by Request
      1,520 SF

      1143-1147 Hempstead Tpke

      STORE/OFFICE (MIXED USE) • 1,520 SF
      1143-1147 Hempstead Tpke, Franklin Square, NY 11010
      View Details

    Similar Nearby for Sale

    • $2,300,000

      Franklin Square Multi-Unit Property

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    Similar Nearby for Lease

    • $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
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    • $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
    • $35 SF/Yr
      7,742 SF

      Hempstead Turnpike Coworking Space

      Prime Franklin Square Office, 1600 SF Available
      1200 Hempstead Tpke, Franklin Square, NY 11010
      View Details
    • 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
    • $3,500 /Mo

      Professional Office Space For Rent

      Furnished office space with conference room and private parking.
      752 Hempstead Tpke, Franklin Square, NY 11010
      View Details
    • $1,500 /Mo
      1,800 SF

      Move-in Ready Office Suite

      Professional office suite for rent in a high-traffic location.
      1040 Hempstead Tpke, Franklin Square, NY 11010
      View Details

    Property Visit Statistics

    • Visits by month
      836
    • Visitors by month
      1.5k
    • Avg Time on site
      16 min
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    Franklin Square, NY 11010-2531
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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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