Nassau County  »  11550  »  S Franklin St  »  261 S Franklin St

261 South Franklin Street, Hempstead, NY 11550 - Property report

Also known as: 261 S Franklin St

Property image for 261 South Franklin Street, Hempstead, NY 11550
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Property type

Elevator Apartments (411.62)

Year built

2013

Acreage

2.241

Sale price

$3,389,120

General information

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Address
Primary address
261 South Franklin Street
ZIP code
11550
County
Nassau
Town/City
Hempstead
Village (SWIS code)
Hempstead
Parcel ID
34-379-385

Owner

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Building
Property type
Elevator Apartments (411.62)
Building sq. ft.
116,490
Buildings on lot
1
Stories
4
Year built
2013
AC
Unit
Sales
Sale date
11/07/2012
Sale price
$3,389,120
Arm's length
Tax
Tax year
2026
Tax class
Zoning & Use
Capitalization rate
Area type
Apartment/Condo complex
Lot
Acreage
2.241
Topography
Level
Land
Primary site

Area overview

Walk score
74 /100.  Very Walkable
Transit score
43 /100.  Some Transit
Bike score
61 /100.  Bikeable
School district
1001
Street
Paved
Traffic
Light

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Commercial Buildings

Sq. ft. Structure Grade Year built Stories
116,490 Apartments high rise B 2013 4
Floor distribution
Floors Sq. ft. Use Construction Condition Exterior wall Heating Air conditioning Plumbing
B1-B1 14,370 Support area Unit
B1-B1 7,440 Multi use sales Unit
01-01 21,810 Apartment Unit
02-05 87,240 Apartment Central

Ownership information for 261 South Franklin Street, Hempstead, NY

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

Sales history for 261 South Franklin Street, Hempstead, NY 11550

More about Nassau County property records.

Title documents

Date Type Amount Party 1 Party 2
11/26/2012 - R
11/07/2012 - D
Deed XXX XXXXX XXXXXXXX XX XXXXXXX XXX XXXXXX XXXXXX XXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XX, XXX
08/13/2007 - R
08/02/2007 - D
Deed XXXX XXXXXX, XX. XXX XXXXX XXXXXXXX XXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 261 South 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
$11,302,600
Assessed value
$113,026
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 $11,302,600 $113,026 n/a
2025 $11,302,600 $113,026 n/a
2024 $11,302,620 $113,026 438.419 $433,978 n/a
2023 $6,530,500 $65,305 n/a
2022 $11,302,600 $113,026 n/a
2021 $6,530,500 $65,305 n/a
2020 $4,683,600 $46,836 751.054 $351,764 +3.34%
2019 $4,683,600 $46,836 726.792 $340,400 +9.55%
2018 $4,192,200 $41,922 741.207 $310,729 -6.15%
2017 $4,560,000 $45,600 726.062 $331,084 +3.00%

Permit information for 261 South 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

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Frequently asked questions

What is the year built for 261 South Franklin Street, Hempstead, NY 11550?

The development at 261 South Franklin Street, Hempstead, NY 11550 was built in 2013.

What is the total square footage of 261 South Franklin Street, Hempstead, NY 11550?

261 South Franklin Street, Hempstead, NY 11550 has a total of 116,490 square feet.

When was 261 South Franklin Street, Hempstead, NY 11550 last sold and what was the sale price?

261 South Franklin Street, Hempstead, NY 11550 was last sold on 11/07/2012 for $3,389,120.

What is the assessed value of 261 South Franklin Street, Hempstead, NY 11550?

261 South Franklin Street, Hempstead, NY 11550 is currently assessed at $113,026.

How many residential units does this building have?

This building has 100 residential unit(s).

Disclaimer

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