NY
Nassau
Hempstead
11550
510 S Franklin Street
510 S Franklin Street, Hempstead, NY 11550
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Listing Type
Commercial/Industrial
Listing Status
Active
25
$1,700,000

Home Details for 510 S Franklin Street

Price
$1,700,000
Type
Commercial Sale
Year built
1963
County
Nassau
Basement
Full, Storage Space
MLS Listing#
1049059
Property Description

Excellent Investment / Owner-User Opportunity in Hempstead, Long Island Presenting 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 consideration Accessibility: Convenient to surrounding residential neighborhoods, commercial districts and major Long Island roadways INVESTMENT OPPORTUNITY The 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. Contact listing agent/owner for pricing, financial information, showing availability and additional property details.

Property Features
  • Utilities
    • Natural Gas Available
    • Electricity Connected
    • Natural Gas Connected
    • Water Connected
  • Basement
    • Full
    • Storage Space
  • Cooling Information
    • Central Air
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Parking
    • On Street
Listing Courtesy: Island Advantage Realty LLC - 631-351-6000
Presented by: Romualde Montreuil
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
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