Franklin Square, NY Strip Center For Sale

181-191 Franklin Ave, Franklin Square, NY 11010

Property Highlights:

Price:	$1,650,000
Building Size:	6,250 SF
Property Type:	Retail
Lot Size:	0.35 Acres
Year Built:	1946
Cap Rate:	6.64%
NOI:	$109,588
Location:	181-191 Franklin Ave Franklin Square, NY 11010

Description

This retail strip center located at 181-191 Franklin Ave, in Franklin Square, NY was built in 1946. The property consists of 6,250 square feet of retail space and sits on 0.35 acres. It is located on a busy corner, at a traffic light. There are over 34,434 vehicles that pass by the property per day.

Location

Franklin Square is a hamlet (census-designated place) located in Nassau County, Long Island, New York. As of 2010 census, there were 29,320 people, 9,941 households, and 7,569 families. The median income for a household was $84,566, and the median income for a family was $95,541. The latitude of this town is 40.707N. The longitude is -73.676W. It is in the Eastern Standard time zone. Elevation is 66 feet. Major ancestry groups reported by town residents composed of 40% Italian, 16% Irish, 11% German, and 33% other races.