747-761 Franklin Ave | Franklin Square, NY 11010
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747-761 Franklin Ave
Franklin Square, NY 11010
Retail Property For Sale
Investment Highlights
- This strip center is located on the corner of Franklin Ave and Palermo Ct.
Executive Summary
One Story Retail Building - 7 Stores. 100% occupied (as of 12/2/24)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,783 SF
Building Class
C
Year Built
1954
Price
£2,717,565
Price Per SF
£172
Net Initial Yield
6.45%
NOI
£175,222
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.71
Lot Size
0.51 AC
Parking
16 Spaces (2.2 Spaces per 1,000 SF Leased)
Frontage
138 ft on Franklin Ave
Amenities
- Signalised Intersection
PROPERTY TAXES
Parcel Number | 2089-35-496-00-0088-0 | Improvements Assessment | £4,285 |
Land Assessment | £3,649 | Total Assessment | £7,935 |
PROPERTY TAXES
Parcel Number
2089-35-496-00-0088-0
Land Assessment
£3,649
Improvements Assessment
£4,285
Total Assessment
£7,935
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