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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
Building Size
7,665 SF
Building Class
C
Year Built
1954
Price
$4,250,000
Price Per SF
$554.47
Cap Rate
5.39%
NOI
$228,901
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.51 AC
Zoning
C - Commercial
Parking
16 Spaces (2.2 Spaces per 1,000 SF Leased)
Frontage
138’ on Franklin Ave
Amenities
- Signalized Intersection
Property Taxes
| Parcel Number | 2089-35-496-00-0088-0 | Improvements Assessment | $6,358 |
| Land Assessment | $5,415 | Total Assessment | $11,773 |
Property Taxes
Parcel Number
2089-35-496-00-0088-0
Land Assessment
$5,415
Improvements Assessment
$6,358
Total Assessment
$11,773
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