Nassau County  »  11010  »  Franklin Ave  »  505 Franklin Ave

505 Franklin Avenue, Franklin Square, NY 11010 - Property report

Also known as: 505 Franklin Ave

Property image for 505 Franklin Avenue, Franklin Square, NY 11010
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Property type

Restaurant, Full Service and Beverages (421.14)

Year built

1926

Acreage

0.817

Sale price

$247,668

General information

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Address
Primary address
505 Franklin Avenue
ZIP code
11010
County
Nassau
Town/City
Hempstead
Village (SWIS code)
None (unincorporated town)
Parcel ID
35-163-11

Owner

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Building
Property type
Restaurant, Full Service and Beverages (421.14)
Building sq. ft.
36,546
Buildings on lot
1
Stories
1
Year built
1926
AC
Central
Sales
Sale date
12/27/1993
Sale price
$247,668
Arm's length
Tax
Tax year
2026
Current property tax
$201,751
Tax class
Zoning & Use
Zoning
Capitalization rate
Area type
Secondary strip
Lot
Acreage
0.817
Topography
Level
Land
Primary site

Area overview

Walk score
76 /100.  Very Walkable
Transit score
28 /100.  Some Transit
Bike score
51 /100.  Bikeable
School district
1017
Street
Paved
Traffic
Heavy

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

Commercial Buildings

Sq. ft. Structure Grade Year built Stories
36,546 Restaurant- low end A 1926 1
Floor distribution
Floors Sq. ft. Use Construction Condition Exterior wall Heating Air conditioning Plumbing
B1-B1 1,800 Support area Central
01-01 14,565 Restaurant - low end Central
01-01 928 Restaurant - low end Central
01-01 150 Support area
01-01 96 Restaurant - low end Central
01-01 4,387 Restaurant - low end Central
02-02 928 Restaurant - low end Central
02-02 150 Restaurant - low end Central
02-02 14,564 Restaurant - low end Central
03-03 928 Restaurant - low end Central

Ownership information for 505 Franklin Avenue, Franklin Square, NY

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

Sales history for 505 Franklin Avenue, Franklin Square, NY 11010

Sale date Sale price Buyer name Seller name
12/27/1993 $247,668 XXXXXXX XXXX XXX XXXXXX XXXXX-XXXXXXX

*Most recent sale on record for this property.

More about Nassau County property records.

Title documents

Date Type Amount Party 1 Party 2
01/18/1994 - R
12/27/1993 - D
Deed XXXXXX XXXXX-XXXXXXX XXXXXXX XXXX XXX

*Most recent recorded document on file for this property.

R: Recorded date
D: Document date

Property taxes for 505 Franklin Avenue, Franklin Square, 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
$201,751
Recent tax assessments
Market value
$3,186,000
Assessed value
$31,860
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 $3,186,000 $31,860 633.243 $201,751 -2.51%
2025 $3,186,000 $31,860 649.564 $206,951 -34.29%
2024 $5,670,283 $56,703 641.183 $314,936 +12.34%
2023 $5,091,600 $50,916 701.527 $280,337 -32.18%
2022 $5,670,300 $56,703 729.014 $413,373 -2.95%
2021 $5,299,300 $52,993 803.746 $425,929 +181.20%
2020 $1,670,500 $16,705 906.71 $151,466 -2.68%
2019 $1,784,900 $17,849 871.949 $155,634 -26.62%
2018 $2,327,900 $23,279 911.063 $212,086 +7.27%
2017 $2,327,900 $23,279 849.349 $197,720 +13.44%

Permit information for 505 Franklin Avenue, Franklin Square, 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
25,604
Median age
40.6
Average household income
$157,996
Family households
79.8%
People per household (average)
3
Occupied housing units
8,455
Owner-occupied units
84.0%
Median year structure built
1954
Median value mortgaged units
$661,700
Median value unmortgaged units
$673,900

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

Access the detailed traffic volume map for 505 Franklin Avenue, Franklin Square, NY 11010 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 505 Franklin Avenue, Franklin Square, NY 11010?

The development at 505 Franklin Avenue, Franklin Square, NY 11010 was built in 1926.

What is the market value of 505 Franklin Avenue, Franklin Square, NY 11010?

The current market value of 505 Franklin Avenue, Franklin Square, NY 11010 is $3,186,000.

What is the total square footage of 505 Franklin Avenue, Franklin Square, NY 11010?

505 Franklin Avenue, Franklin Square, NY 11010 has a total of 36,546 square feet.

What is the price per square foot for this property?

$6 per square foot is the price for 505 Franklin Avenue, Franklin Square, NY 11010.

Disclaimer

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