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550 Franklin Avenue, Franklin Square, NY 11010 Property Information

550 Franklin Avenue, Franklin Square, NY 11010 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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550 Franklin Avenue, Franklin Square, NY 11010
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Address

Primary address 550 Franklin Avenue, Franklin Square
Zip code 11010
County Nassau
Town/City Hempstead
Village (swiss code) None (unincorporated town)
Parcel ID 35-B-1136

Sales & Tax Overview for 550 Franklin Avenue, Franklin Square

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 01/22/2021
Sale price $2,500,000
Arm's length
Current property tax $64,602

Lot & Building Information for 550 Franklin Avenue, Franklin Square

Building sqft 3,500
Building class Standard Bank (Single Occupancy) (461.14)
Land Primary site
Topography Level
Acreage 0.601
Buildings on lot 1
Year built 1976
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Capitalization rate
Air conditioning Central
Street Paved
Traffic Medium
Area type Secondary strip
School district Valley Stream UFSD

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Commercial Buildings

Square footage Structure Grade Year built Stories
3,500 Bank A 1976 1

Floor Distribution

Floors Square footage Use Construction Condition Exterior wall Heating Air conditioning Plumbing
B1-B1 1,750 Support area Central
01-01 3,500 Bank/savings inst Central

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Income and Expenses

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Other Property Data for 550 Franklin Avenue, Franklin Square

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  • • Improvements for 550 Franklin Avenue, Franklin Square , including their type, square footage, grade and when they were built.
  • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 550 Franklin Avenue, Franklin Square

How many sq. ft. does 550 Franklin Avenue, Franklin Square, NY 11010 have & what is the price per sq. ft?

This Standard Bank (Single Occupancy) (461.14) located at 550 Franklin Avenue, Franklin Square, NY 11010 has a total of 3,500 square feet and a current price per square foot of $714.

What is the year built & the current market value of 550 Franklin Avenue, Franklin Square, NY 11010?

550 Franklin Avenue, Franklin Square, NY 11010 was built in 1976 and has a current tax assessor's market value of $900,300.

Ownership Information

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Past Sales & Property History for 550 Franklin Avenue, Franklin Square

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Purchase date Purchase price Buyer name Seller name
01/22/2021 $2,500,000
01/13/2021 $2,500,000
       
       
       
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Title Documents for 550 Franklin Avenue, Franklin Square

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Date Type Amount Party 1 Party 2
01/22/2021 - R Deed
(Deed commercial/vacant land)
01/13/2021 - D
01/22/2021 - R
Deed
(Deed commercial/vacant land)
         
         
         
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R: Recorded date
D: Document date

Property Taxes for 550 Franklin Avenue, Franklin Square

Access detailed property tax data for 550 Franklin Avenue, Franklin Square, NY 11010. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2026
Property tax $64,603
Tax class
Market value $900,300
Assessed value $9,003
Transitional assessed value

Assessment History for 550 Franklin Avenue, Franklin Square

Here's the assessment & property tax history for 550 Franklin Avenue, Franklin Square, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2026 $900,300 $9,003 717.568 $64,603 +5.10%
2025 $900,300 $9,003 693.954 $61,470 +10.72%
2024 $900,370 $9,003 680.11 $55,517 -0.05%
2023 $900,300 $9,003 743.708 $55,548 -21.26%
2022 $900,300 $9,003 783.53 $70,541 -1.22%

Permits for 550 Franklin Avenue, Franklin Square

The complete history of permits filed for 550 Franklin Avenue, Franklin Square, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Data not available for this property.

Hempstead residential market stats

Median Sale Price
$745,000
6.4% YoY
Median Price/Sqft
$485
4.8% YoY
Nassau County Median Sale Price
$805,000
6.6% YoY

Access a detailed real estate market overview of Hempstead so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Hempstead and compare it to other neighborhoods in Nassau County.

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Demographics by Zip Code

Total population 25,604
Median age 40.6
Average household income $157,996
Family households 79.8%
Occupied housing units 8,455
Owner occupied units 84.0%
Average number of people per household 3
Median year structure built 1954
Median value for units with a mortgage $661,700
Median value for units without a mortgage $673,900

Risk

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FEMA flood zone(s) X (See more on map)

Transportation

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Neighbors for 550 Franklin Avenue, Franklin Square

Here are the neighbors for 550 Franklin Avenue, Franklin Square.

Address Square feet Purchase date Purchase price
596 Franklin Ave, Elmont 12,317 03/06/2026 $9,700,000
1158 Lorraine Dr, Franklin Square 1,562 10/08/2025 $790,000
1152 Lorraine Dr, Franklin Square 1,375 12/23/2014
842 Corona Ave, Valley Stream 1,483 02/06/2023
826 Corona Ave, Valley Stream 1,194 09/06/2013 $273,000
1140 Lorraine Dr, Franklin Square 2,234 02/15/2019
806 Corona Ave, Valley Stream 1,694 09/24/2016
740 Franklin Ave, Franklin Square 23,678 12/06/2013
812 Corona Ave, Valley Stream 1,909 08/22/2012 $435,000
848 Corona Ave, Valley Stream 2,043 12/10/2020 $580,000
1142 Ferngate Dr, Franklin Square 2,084 08/28/2008 $392,000
1146 Lorraine Dr, Franklin Square 1,409 10/22/2013 $430,000
832 N Corona Ave, Valley Stream 1,694 03/03/2006
720 Franklin Ave, Franklin Square 2,530
1127 Gavrin Blvd, Franklin Square 2,128 05/23/2005
836 Corona Ave, Valley Stream 1,961 04/16/2021 $640,000
570 Malverne Ave, Franklin Square 1,928 05/23/2005
1136 Lorraine Dr, Franklin Square 1,302
822 Corona Ave N, Valley Stream 1,353 03/24/2016 $400,000
816 N Corona Ave, Valley Stream 1,693 06/23/2014 $385,000

Nearby ZIP Codes for 550 Franklin Avenue, Franklin Square

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