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560 Franklin Avenue, Franklin Square 560 Franklin Ave

9,000 SF Retail Building Franklin Square, NY 11010 £1,550,819 (£172/SF)

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INVESTMENT HIGHLIGHTS

Calling All Investors, Developers & End-Users!!! 9,000 Sqft. Free Standing Building 15,400+ Sqft. Lot For Sale In Franklin Square!!!
The Property Is Located In The Heart Of Franklin Square Situated In Between The Southern State Pkwy. & Hempstead Tpke. (Rt. 24)!!!
This Property Can Also Be Leased Annually For Only $180k NNN!!!

The Property Features Excellent Signage, Great Exposure, High 18’ Ceilings, 28 Parking Spaces, 3 Phase 600 Amp Power, Loading Dock, Sprinklers, +++!!
The Property Has 102’ Of Frontage On Busy Franklin Avenue & Has Been Home To A Successful Caterer For 58 Years!!!
This Successful Business Can Also Be Bought For Only $475k!!!

EXECUTIVE SUMMARY

Calling All Investors, Developers & End-Users!!! 9,000 Sqft. Free Standing Building 15,400+ Sqft. Lot For Sale In Franklin Square!!! The Property Features Excellent Signage, Great Exposure, High 18’ Ceilings, 28 Parking Spaces, Mixed-Use Zoning, 3 Phase 600 Amp Power, 2 Skylights, Loading Dock, Sprinklers, Strategically Placed Curb Cuts, Accessible Parking, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Franklin Square Situated In Between The Southern State Pkwy. & Hempstead Tpke. (Rt. 24)!!! The Property Has 102’ Of Frontage On Busy Franklin Avenue & Has Been Home To A Successful Caterer For 58 Years!!! Neighbors Include Starbucks, Verizon, The Home Depot, CVS, Walgreens, Dunkin’, Red Mango, McDonald’s, Pep Boys, Subway, Ralph’s Italian Ices, Carvel, Regal Cinemas, Lidl, +++!!! This Property Offers HUGE UPSIDE Potential!!! This is Could Be Your Next Development Site Or The Next Home For Your Business!!! This Property Can Also Be Leased Annually For Only $180k NNN!!! This Successful Business Can Also Be Bought For Only $475k!!!
Expenses:
Taxes: $27,640.18 Ann.
Total Expenses: $27,640.18 Ann.

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER SF
Taxes	£21,982	£4.90
Operating Expenses	-	-
Total Expenses	£21,982	£4.90

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual	£21,982
Annual Per SF	£4.90

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	£21,982
Annual Per SF	£4.90

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Freestanding

Building Size

9,000 SF

Building Class

Year Built

1957

Price

£1,550,819

Price Per SF

£172

Tenancy

Single

Number of Floors

Loading Docks

1 Exterior

Building FAR

0.57

Lot Size

0.36 AC

Zoning

J2 - Buildings with at least three dwelling units that are used as permanent residences. Buildings in this occupancy group are exempt from the requirements

Parking

28 Spaces (3.11 Spaces per 1,000 SF Leased)

Frontage

102 ft on Franklin Ave