Nassau County  »  11580  »  Franklin Ave  »  47 Franklin Ave

47 Franklin Avenue, Valley Stream, NY 11580 - Property report

Also known as: 47 Franklin Ave

Property image for 47 Franklin Avenue, Valley Stream, NY 11580
static Mapbox map

Property type

Restaurant, Full Service and Beverages (421.14)

Year built

1948

Acreage

0.194

Sale price

$900,000

General information

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Address
Primary address
47 Franklin Avenue
ZIP code
11580
County
Nassau
Town/City
Hempstead
Village (SWIS code)
Valley Stream
Parcel ID
35-239-112

Owner

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Building
Property type
Restaurant, Full Service and Beverages (421.14)
Building sq. ft.
3,304
Buildings on lot
1
Stories
1
Year built
1948
AC
Central
Sales
Sale date
05/01/2025
Sale price
$900,000
Arm's length
Tax
Tax year
2026
Current property tax
$26,704
Tax class
Zoning & Use
Zoning
Capitalization rate
Area type
Secondary strip
Lot
Acreage
0.194
Topography
Level
Land
Primary site

Area overview

Walk score
49 /100.  Car-Dependent
Transit score
36 /100.  Some Transit
Bike score
51 /100.  Bikeable
School district
1013
Street
Paved
Traffic
Medium

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

Commercial Buildings

Sq. ft. Structure Grade Year built Stories
3,304 Restaurant-average C 1948 1
Floor distribution
Floors Sq. ft. Use Construction Condition Exterior wall Heating Air conditioning Plumbing
01-01 2,008 Restaurant - avg Central
01-01 512 Restaurant - avg Central
01-01 392 Restaurant - avg Central
02-02 392 Restaurant - avg Central

Ownership information for 47 Franklin Avenue, Valley Stream, NY

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

Sales history for 47 Franklin Avenue, Valley Stream, NY 11580

Sale date Sale price Buyer name Seller name
05/01/2025 $900,000 XXXXXX XXXXXXX XXXXXXX XXX XXXXXXXX XXXXXXXX XXXXX XXX
12/07/2017 $765,000 XXXXXXXX XXXXXXXX XXXXX XXX XXXX XXX

*Most recent sales on record for this property.

More about Nassau County property records.

Title documents

Date Type Amount Party 1 Party 2
05/29/2025 - R Other
(Mortgage agreement)
XXXXXX XXXXXXX XXXXXXX XXX XXXXXXXX XXXXXXXX XXXXX XXX
05/29/2025 - R
05/01/2025 - D
Deed
(Deed commercial/vacant land)
XXXXXXXX XXXXXXXX XXXXX XXX XXXXXX XXXXXXX XXXXXXX XXX
05/29/2025 - R
05/01/2025 - D
Mortgage
(Mtg-mortgage)
XXXXXX XXXXXXX XXXXXXX XXX XXXXXXXX XXXXXXXX XXXXX XXX
12/26/2017 - R
12/07/2017 - D
Deed XXXX XXX XXXXXXXX XXXXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 47 Franklin Avenue, Valley Stream, NY

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

Current property tax
Tax year
2026
Current property tax
$26,704
Tax class
Base tax
$29,532
Recent tax assessments
Market value
$525,400
Assessed value
$5,254
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 $525,400 $5,254 562.092 $29,532 +15.38%
2025 $525,400 $5,254 487.62 $25,596 -5.85%
2024 $525,400 $5,254 541.333 $27,186 +15.33%
2023 $525,400 $5,254 526.001 $23,573 -31.87%
2022 $525,400 $5,254 658.546 $34,600 -14.74%
2021 $555,900 $5,559 730.038 $40,583 +67.40%
2020 $287,800 $2,878 842.366 $24,243 +20.86%
2019 $287,800 $2,878 696.96 $20,059 -1.43%
2018 $287,800 $2,878 707.065 $20,349 -4.47%
2017 $313,000 $3,130 680.56 $21,302 -19.94%

Permit information for 47 Franklin Avenue, Valley Stream, NY

No recently recorded permits for this property.

Demographics by ZIP code

Total population
43,092
Median age
41.8
Average household income
$158,090
Family households
78.5%
People per household (average)
3.34
Occupied housing units
12,860
Owner-occupied units
82.9%
Median year structure built
1953
Median value mortgaged units
$627,100
Median value unmortgaged units
$597,200

Risk

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FEMA flood zones

FEMA flood zones
AE

Transportation

Daily traffic map

Access the detailed traffic volume map for 47 Franklin Avenue, Valley Stream, NY 11580 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 47 Franklin Avenue, Valley Stream, NY 11580?

The development at 47 Franklin Avenue, Valley Stream, NY 11580 was built in 1948.

What is the market value of 47 Franklin Avenue, Valley Stream, NY 11580?

The current market value of 47 Franklin Avenue, Valley Stream, NY 11580 is $525,400.

What is the total square footage of 47 Franklin Avenue, Valley Stream, NY 11580?

47 Franklin Avenue, Valley Stream, NY 11580 has a total of 3,304 square feet.

What is the price per square foot for this property?

$272 per square foot is the price for 47 Franklin Avenue, Valley Stream, NY 11580.

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