510 S Franklin Street, Hempstead, NY 11550

New - 18 Hours Ago

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Property Description

Excellent Investment / Owner-User Opportunity in Hempstead, Long IslandPresenting an opportunity to acquire a three-story commercial property at 510 S Franklin Street in Hempstead, New York, conveniently situated along the South Franklin Street corridor.The property offers a flexible layout with multiple individual spaces, providing an attractive opportunity for an investor, business owner, professional practice, or organization seeking a Long Island location with the potential for multiple occupants and income streams.Investment Potential: Suitable for owner-user or investment considerationAccessibility: Convenient to surrounding residential neighborhoods, commercial districts and major Long Island roadwaysINVESTMENT OPPORTUNITYThe property's multi-space configuration provides flexibility for a purchaser seeking to occupy all or a portion of the building while potentially leasing additional space to other occupants.The property may appeal to buyers seeking space for professional offices, administrative operations, medical/professional services, educational or community-oriented uses, or other commercial uses, subject to applicable zoning, permits and municipal approvals.For an investor, the building's layout provides an opportunity to evaluate a multi-tenant leasing strategy and potentially increase income through leasing and property management.Note that the property has rights to build up and build out additional floors onto the building.

510 S Franklin Street | MLS# 1049059

This commercial property located at 510 S Franklin Street, Hempstead, NY 11550 is currently listed for sale with an asking price of $1,700,000. S Franklin Street is located within the Hempstead school district. Search Hempstead real estate on blake-hitt.timberlandproperties.com today.

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Property Features

Property Type: Commercial -
Basement: Full, Storage Space
Basement: Yes
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.14 Acres
Stories: 3.0
Taxes: $34,157
Year Built: 1963

Feature Descriptions

Building Area Total: 6000
Exterior: Stone
On Market Date: 2026-09-09
Parcel Number: 2013-36-007-00-0031-0
Parking Features: On Street
Rental Term: Monthly
Seller Concession: Yes
Sewer: Public Sewer
Units: 7
Utilities: Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

School District: Hempstead

Demographics

Listed By / Shown By

Listing By

Agency Name: Island Advantage Realty LLC
Agency Contact: 631-351-6000

Shown By

Agent Name: Blake Hitt
Agent Phone: (607) 434-8219
Agency Title: Timberland Properties

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