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
$3,450,000
Price Per SF
$219
Cap Rate
6.45%
NOI
$222,447
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
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
- Signalized Intersection
PROPERTY TAXES
Parcel Number | 2089-35-496-00-0088-0 | Improvements Assessment | $5,440 |
Land Assessment | $4,633 | Total Assessment | $10,073 |
PROPERTY TAXES
Parcel Number
2089-35-496-00-0088-0
Land Assessment
$4,633
Improvements Assessment
$5,440
Total Assessment
$10,073
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