828 Hempstead Tpke - Medical FOR SALE


Franklin Square, NY 11010
$1,400,000 USD
516-419-2752
828 Hempstead Tpke, Franklin Square, NY for Sale
$1,400,000 USD
Medical - FOR SALE
1/19
null | 6.12% Cap Rate

Sep '26


828 Hempstead Tpke
Franklin Square, NY 11010


OVERVIEW

Positioned along the highly trafficked corridor of Hempstead Turnpike, 828 Hempstead Tpke presents a rare opportunity to acquire a ±5,000 SF multi-tenant office building in the heart of Franklin Square, NY. The property is configured with nine (9) office suites, offering a diversified income stream and flexibility for both investors and owner-users. Strategically located directly across from a large municipal parking lot, the building benefits from strong accessibility and convenience for tenants and visitors alike. The Business (X) zoning allows for a wide range of professional and commercial uses, making this an ideal asset for long-term hold, repositioning, or partial owner occupancy. With steady in-place income and upside potential through lease-up and rent optimization, this property offers investors a compelling value-add opportunity in a well-established Long Island market.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

6.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

300

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

Business (X)

APN/PARCEL ID

2089-33-435-00-0001-0

ASK ABOUT THIS PROPERTY

Steven BezmenHedgeStone Commercial Realty LLCMore Info
516-419-2752

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Steven BezmenHedgeStone Commercial Realty LLCMore Info
516-419-2752

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.