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21330829
21330830

1200 Hempstead Turnpike, Franklin Square, NY 11010

BI
NY 10401224061
Douglas Elliman Commercial Division
Listed by Douglas Elliman Commercial Division
$3,250,000
501 days on market
Updated 30 days ago

1200 Hempstead Turnpike, Franklin Square NY 11010

Details
Property Type Office
Sub Type Executive Office, Traditional Office (+1)
Square Footage 7,742
Net Rentable (SqFt) 7,742
Units 2
Occupancy 100%
Tenancy Multi
Lease Type NN
Lease Term 7
Lease Expiration 08/14/2031
Remaining Term 6
Rent Bumps Yes
Price per SqFt $420
Broker Co-Op Yes
Class B
Year Built 1959
Year Renovated 2024
Buildings 1
Stories 2
Lot Size (SqFt) 11,017
Parking Spaces 16 spaces
Parking Per SqFt 2.07
Investment Type Owner/User
Lease Commencement 09/15/2024
Occupancy Date 03/22/2025
Ownership Owner Occupied

Move right in to this turn key office building with income producing tenant.

Marketing description

Located just 7 minutes from the UBS Arena Development Project and Cross Island Parkway with a bus stop directly across the street from the building provides easy access. On-site parking for 16 cars and 100 feet of frontage for signage and exposure. This 7742 square foot, 2 story office building with on-site parking offers the best of both worlds. Featuring 3950 square feet 1st floor finished office space consisting of a conference room, multiple office, 2 bull pens, and 3 bathrooms for an owner user combined with 3792 square feet of leased 2nd floor space and income to cover expenses with a 7 year lease. This prime location offers 100 feet of frontage for visibility and exposure at a signaled intersection with a bus stop directly across the street. Move right and get to business. Ideal for owner/user or investor.

Investment highlights

Owner User or Investor

3950 square foot 1st floor office unit can be delivered vacant for an owner user or investor

2nd floor leased until 2031

Listing Contacts

BI
NY 10401224061
Douglas Elliman Commercial Division
Listed by Douglas Elliman Commercial Division

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