Multi Family
510 Franklin Street
Active · Hempstead · Nassau County, NY 11550
- Year built
- 1963
- Est. monthly taxes
- $2,846.42
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About this home
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.
Listing snapshot
- Days on site
- 48 days
- Listed on MLS
- Sep 9, 2026
- Annual property tax (MLS)
- $34,157
- Tax year
- 2026
- Listing brokerage
- Island Advantage Realty LLC
- MLS ID
- KEY1049059
- Last updated
- Oct 2, 2026
General features
- Property type
- Multi Family
- Year built
- 1963
- Parking
- On Street
- Water source
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected
Interior features
- Basement
- Full, Storage Space
- Heating
- Forced Air
- Cooling
- Central Air
Exterior features
- Construction materials
- Stone
Schools (MLS)
- Elementary school district
- Hempstead
- Middle school district
- Hempstead
- High school district
- Hempstead
School information is provided by the MLS. Confirm attendance eligibility with the school district.
Recent activity
- Listing updated from MLS
- First seen on this site
- MLS status changed
Location
Listing data is supplied by the MLS and may change without notice.
