Nassau County  »  10016  »  Franklin Ave  »  16-28 Franklin Ave

16-28 Franklin Avenue, New York, NY 10016 - Property report

Also known as: 16-28 Franklin Ave

Property image for 16-28 Franklin Avenue, New York, NY 10016
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Property type

Area/Neighborhood Shopping Center (452.14)

Year built

1924

Acreage

0.382

Sale price

$4,100,000

General information

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Address
Primary address
16-28 Franklin Avenue
ZIP code
10016
County
Nassau
Town/City
Hempstead
Village (SWIS code)
None (unincorporated town)
Parcel ID
39-208-2

Owner

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Building
Property type
Area/Neighborhood Shopping Center (452.14)
Building sq. ft.
11,008
Buildings on lot
2
Stories
1
Year built
1924
Sales
Sale date
12/23/2019
Sale price
$4,100,000
Arm's length
Tax
Tax year
2026
Current property tax
$94,711
Tax class
Zoning & Use
Zoning
Capitalization rate
Area type
Perimeter central business district
Lot
Acreage
0.382
Topography
Level
Land
Primary site

Area overview

Walk score
86 /100.  Very Walkable
Transit score
0 /100.  Minimal Transit
Bike score
50 /100.  Bikeable
School district
1014
Street
Paved
Traffic
Medium

View more such as transportation, nearby schools and risk designations.

Commercial Buildings

Sq. ft. Structure Grade Year built Stories
11,008 Retail multi occup C 1924 1
884 Retail multi occup C 1934 1
Floor distribution
Floors Sq. ft. Use Construction Condition Exterior wall Heating Air conditioning Plumbing
B1-B1 11,008 Support area
01-01 884 Retail store Central
01-01 11,008 Retail store

Ownership information for 16-28 Franklin Avenue, New York, NY

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 16-28 Franklin Avenue, New York, NY 10016

*Most recent sales on record for this property.

More about Nassau County property records.

Title documents

Date Type Amount Party 1 Party 2
02/07/2022 - R Other
(Mortgage agreement)
XXX XX XXXXXX XXX XXXX XXXXXXXXX XXXX
02/07/2022 - R
01/14/2022 - D
Mortgage
(Mortgage and security agreement)
XXX XX XXXXXX XXX XXXX XXXXXXXXX XXXX
01/08/2020 - R
12/23/2019 - D
Deed XXXXXXX XX XXX XXX XX XXXXXX XXX
01/08/2014 - R
07/02/2013 - D
Deed XXXXXXX XXXXXX XXX XXXXXX XXXXXXX XX XXX
05/21/1997 - R
04/01/1997 - D
Deed XXXXXXX XXXXXX XXX XXXXXXX XXXXXX XXXXXX X XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 16-28 Franklin Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Tax class
Property tax
$94,711
Recent tax assessments
Market value
$1,389,400
Assessed value
$13,894
Transitional assessed value

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2026 $1,389,400 $13,894 681.671 $94,711 -4.29%
2025 $1,464,400 $14,644 675.756 $98,958 +2.15%
2024 $1,464,390 $14,644 661.529 $96,874 -1.68%
2023 $1,464,400 $14,644 720.974 $98,528 -13.20%
2022 $1,464,400 $14,644 775.143 $113,512 -14.98%
2021 $1,588,900 $15,889 840.239 $133,506 +42.71%
2020 $1,033,200 $10,332 905.412 $93,547 +4.22%
2019 $1,033,200 $10,332 868.714 $89,756 -4.85%
2018 $1,033,200 $10,332 913.031 $94,334 -3.14%
2017 $1,123,900 $11,239 866.562 $97,393 +6.07%

Permit information for 16-28 Franklin Avenue, New York, NY

No recently recorded permits for this property.

Hempstead residential market stats

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.

Median sale price

$725,000

3.6% Y-o-Y

Median price/sq. ft.

$490

5.8% Y-o-Y

Nassau county median sale price

$800,000

5.3% Y-o-Y

Check out recently sold homes in Hempstead and see how their prices compare.

Demographics by ZIP code

Total population
52,971
Median age
34.7
Average household income
$211,921
Family households
26.2%
People per household (average)
1.66
Occupied housing units
30,235
Owner-occupied units
25.1%
Median year structure built
1968
Median value mortgaged units
$908,800
Median value unmortgaged units
$899,300

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

Access the detailed traffic volume map for 16-28 Franklin Avenue, New York, NY 10016 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 16-28 Franklin Avenue, New York, NY 10016?

The development at 16-28 Franklin Avenue, New York, NY 10016 was built in 1924.

What is the market value of 16-28 Franklin Avenue, New York, NY 10016?

The current market value of 16-28 Franklin Avenue, New York, NY 10016 is $1,389,400.

What is the total square footage of 16-28 Franklin Avenue, New York, NY 10016?

16-28 Franklin Avenue, New York, NY 10016 has a total of 11,008 square feet.

What is the price per square foot for this property?

$372 per square foot is the price for 16-28 Franklin Avenue, New York, NY 10016.

Disclaimer

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