Nassau County  »  11550  »  N Franklin St  »  117-127 N Franklin St

117-127 North Franklin Street, Hempstead, NY 11550 - Property report

Also known as: 117-127 N Franklin St

Property image for 117-127 North Franklin Street, Hempstead, NY 11550
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Property type

Schools - Elementary, Secondary High (Public) (612.14)

Year built

2018

Acreage

1.695

Sale price

$5,500,000

General information

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Address
Primary address
117-127 North Franklin Street
ZIP code
11550
County
Nassau
Town/City
Hempstead
Village (SWIS code)
Hempstead
Parcel ID
34-291-88

Owner

Find out who owns 117-127 North Franklin Street, Hempstead, NY 11550. Uncover corporate and individual owners with a free account.

Building
Property type
Schools - Elementary, Secondary High (Public) (612.14)
Building sq. ft.
72,960
Buildings on lot
2
Stories
4
Year built
2018
AC
Central
Sales
Sale date
03/30/2011
Sale price
$5,500,000
Arm's length
Tax
Tax year
2026
Tax class
Zoning & Use
Zoning
Capitalization rate
Area type
Central business district
Lot
Acreage
1.695
Topography
Level
Land
Primary site

Area overview

Walk score
88 /100.  Very Walkable
Transit score
62 /100.  Good Transit
Bike score
53 /100.  Bikeable
School district
1001
Street
Paved
Traffic
Medium

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

Commercial Buildings

Sq. ft. Structure Grade Year built Stories
72,960 Office 50001>sf C 2018 4
39,471 Office 20001-50k sf B 1953 1
Floor distribution
Floors Sq. ft. Use Construction Condition Exterior wall Heating Air conditioning Plumbing
B1-B1 1,216 Offices 50,001 sf & up Central
B1-B1 7,828 Offices 50,001 sf & up Central
B1-B1 3,116 Offices 50,001 sf & up Central
01-01 7,828 Offices 50,001 sf & up Central
01-01 2,277 Offices 20,001 - 50K sf Central
01-01 1,704 Offices 20,001 - 50K sf Central
01-01 12,600 Offices 20,001 - 50K sf Central
01-01 824 Support area
01-01 3,116 Offices 50,001 sf & up Central
01-01 4,590 Offices 20,001 - 50K sf Central
01-01 60 Support area
01-01 1,216 Offices 50,001 sf & up Central
01-01 750 Offices 20,001 - 50K sf Central
01-01 300 Offices 20,001 - 50K sf Central
02-05 4,864 Offices 50,001 sf & up Central
02-05 31,312 Offices 50,001 sf & up Central
02-05 12,464 Offices 50,001 sf & up Central
02-02 60 Offices 20,001 - 50K sf
02-02 4,590 Offices 20,001 - 50K sf Central
02-02 12,600 Offices 20,001 - 50K sf Central

Ownership information for 117-127 North Franklin Street, Hempstead, NY

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

Sales history for 117-127 North Franklin Street, Hempstead, NY 11550

Sale date Sale price Buyer name Seller name
03/30/2011 $5,500,000 XXXXXXX XXXXXXX XXXXXX XXX XXXXXXXXXX XXXXXX XXX
09/16/2003 $5,000,000 XXX XXXXXXXXXX XXXXXX XXX XXX XXXXX XXXXXXXX XXX
05/23/2002 $3,743,000 XXX XXXXX XXXXXXXX, XXX X. X XXXXXXXX XXXXXXXXXX X, XXX

*Most recent sales on record for this property.

More about Nassau County property records.

Title documents

Date Type Amount Party 1 Party 2
11/28/2023 - R Assignment
(Assign mortgage)
XXXX XX XXXXXXX XX XXXX XX XXXXXXXXXXXXX & XXXXXXX XXXXX XX XXX
11/28/2023 - R
07/01/2023 - D
Mortgage
(Series 2023 collateral fee and leasehold mortgage and security agreementt)
XXXXXXX XXXXXXX XXXXXX XXXX XX XXXXXXX XX XXXX XX
07/09/2021 - R Other
(Mortgage agreement)
XXXXXXX XXXXXXX XXXXXX XXX XXXXXXXXXXXXX & XXXXXXX XXXXX XX XXX
07/09/2021 - R Assignment
(Assign mortgage)
XXXX XX XXXXXXXXX XXXXX XXXXXXXXXXX XXXX XXXXXXXXXXXXX & XXXXXXX XXXXX XX
07/09/2021 - R
05/01/2021 - D
Mortgage
(Collateral fee and leasehold mortgage and security agreement)
XXXXXXX XXXXXXX XXXXXX XXXX XX XXXXXXXXX XXXXX XXXXXXXXXXX XXXX
08/27/2020 - R Other
(Mortgage agreement)
XXXXXXX XXXXXXX XXXXXX XXX XXXXXXXXXXXXX & XXXXXXX XXXXX XX XXX
08/27/2020 - R Assignment
(Assign mortgage)
XXXX XX XXXXXXXXX XXXXX XXXXXXXXXXX XXXX XXXXXXXXXXXXX & XXXXXXX XXXXX XX XXX
08/27/2020 - R Assignment
(Assign mortgage)
XXXXXXXXX XXXXX XXXXXXXXXXX XXXX XXXXXXXXXXXXX & XXXXXXX XXXXX XX XXX
08/27/2020 - R Assignment
(Assign mortgage)
XXXXXXXXX XXXXX XXXXXXXXXXX XXXX XXXXXXXXXXXXX & XXXXXXX XXXXX XX XXX
08/27/2020 - R Assignment
(Assign mortgage)
XXXXXXXXX XXXXX XXXXXXXXXXX XXXX XXXX XX XXXXXXXXXXXXX & XXXXXXX XXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 117-127 North Franklin Street, Hempstead, 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
Recent tax assessments
Market value
$15,124,400
Assessed value
$151,244
Transitional assessed value
Exemptions

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 $15,124,400 $151,244 n/a
2025 $15,124,400 $151,244 n/a
2024 $15,124,400 $151,244 486.837 $729,949 n/a
2023 $15,124,400 $151,244 n/a
2022 $14,467,200 $144,672 n/a
2021 $11,827,800 $118,278 n/a
2020 $4,115,300 $41,153 n/a
2019 $4,115,300 $41,153 n/a
2018 $4,115,300 $41,153 n/a
2017 $4,115,300 $41,153 n/a

Permit information for 117-127 North Franklin Street, Hempstead, 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
60,960
Median age
38.8
Average household income
$117,932
Family households
72.5%
People per household (average)
3.33
Occupied housing units
17,895
Owner-occupied units
49.7%
Median year structure built
1957
Median value mortgaged units
$473,000
Median value unmortgaged units
$443,800

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

Access the detailed traffic volume map for 117-127 North Franklin Street, Hempstead, NY 11550 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 117-127 North Franklin Street, Hempstead, NY 11550?

The development at 117-127 North Franklin Street, Hempstead, NY 11550 was built in 2018.

What is the total square footage of 117-127 North Franklin Street, Hempstead, NY 11550?

117-127 North Franklin Street, Hempstead, NY 11550 has a total of 72,960 square feet.

When was 117-127 North Franklin Street, Hempstead, NY 11550 last sold and what was the sale price?

117-127 North Franklin Street, Hempstead, NY 11550 was last sold on 03/30/2011 for $5,500,000.

What is the assessed value of 117-127 North Franklin Street, Hempstead, NY 11550?

117-127 North Franklin Street, Hempstead, NY 11550 is currently assessed at $151,244.

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