For Sale Multi-Family MLS# 1049059

510 S Franklin Street

Hempstead, NY 11550

$1,700,000

onekey_mls logo

About 510 S Franklin Street

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.

Property details

Property

Type
multi
Year built
1963
Living area
6,000 sqft
Price / sqft
$283
Lot
0.14 ac
List date
Sep 9, 2026

Schools

District
Hempstead Union Free School District

Location

School district
Hempstead Union Free School District

Ask about this property

Questions on 510 S Franklin Street, Hempstead, NY 11550, or want to see it in person?

Listed by Island Advantage Realty LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.