Franklin Square, NY High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Franklin Square, New York Market population: 31K. Compare commercial properties across all major asset...

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📊 Average Cap Rate For Franklin Square NY Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000

Buffalo Multifamily

Discover a compelling investment in Buffaloâ€™s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%

NOI $491,400

Size 65,000 SF

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📊 Avg Property Tax Rate For Franklin Square NY Properties: 2.0400%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000

Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%

NOI $107,842

Size 8,640 SF

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Investor Questions For Franklin Square NY

Common questions from investors exploring commercial real estate in Franklin Square NY.

What makes Franklin Square, NY an attractive market for real estate investment? +

The combination of a relatively low poverty rate of 5.0%, high health insurance coverage of 94.6%, and a strong median household income of $86,254 suggests a stable and attractive market for real estate investment, with a diverse population including White, White Non-Hispanic, and Hispanic residents.

How does the commute time and transportation options impact the quality of life for residents in Franklin Square, NY? +

The average commute time of 32.2 minutes, coupled with a range of commute methods including driving alone, public transit, and working from home, indicates a relatively convenient and flexible transportation system, which is likely to appeal to residents and support a stable rental market.

What are the key industries driving employment and economic growth in Franklin Square, NY? +

The top industries in Franklin Square, including Public Administration, Finance and Insurance, and Real Estate and Rental and Leasing, suggest a diverse and robust economy, with a significant portion of the employed population of 14,844 working in these sectors, which is likely to support demand for housing and rentals.

How does the demographic profile of Franklin Square, NY impact the demand for housing and rentals? +

The median age of 41.1, combined with a high homeownership rate of 83.0% and a relatively low poverty rate of 5.0%, suggests a stable and family-oriented community, which is likely to drive demand for single-family homes and rentals, particularly in areas with good schools and amenities.

What are the implications of the foreign-born rate and ethnic diversity for real estate investment in Franklin Square, NY? +

The foreign-born rate of 24.8% and the presence of diverse ethnic groups, including White, White Non-Hispanic, and Hispanic populations, suggest a culturally rich and dynamic community, which is likely to attract a range of residents and support demand for housing and rentals, particularly in areas with amenities and services catering to these diverse populations.

Franklin Square NY Real Estate & City Facts

Key facts and real estate information about Franklin Square NY.

What are some of the best neighborhoods to live in Franklin Square? +

Franklin Square has several great neighborhoods to live in, but I couldn't find specific information on the best ones. However, the area is known for its suburban feel and relatively low crime rate.

What are some fun things to do in Franklin Square? +

There are plenty of fun things to do in Franklin Square, including visiting Plattduetsche Park, which has a beer garden and hosts various events throughout the year. You can also check out the local restaurants and shops along Hempstead Turnpike.

What is the food scene like in Franklin Square? +

The food scene in Franklin Square is diverse and exciting, with a range of restaurants serving everything from Italian to Thai to American cuisine. Some popular spots include Filomena's Restaurant, Frankly Thai Authentic Cuisine, and Nunzi's American Bistro. There are also plenty of great food trucks and casual eateries to try.

What are the pros and cons of living in Franklin Square? +

The pros of living in Franklin Square include its suburban feel, relatively low crime rate, and easy access to New York City. However, some cons include the area's limited public transportation options and traffic on Hempstead Turnpike. Additionally, the area can be quite crowded and noisy, especially during rush hour.

Is Franklin Square a good place to live? +

Overall, Franklin Square is a great place to live for those who want a suburban feel with easy access to New York City. While it has its drawbacks, the area's strong sense of community, diverse food scene, and relatively low crime rate make it an attractive option for families and young professionals alike.

Franklin Square, NY High Cap Rate Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

📊 Average Cap Rate For Franklin Square NY Properties: 6.86%

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

📊 Avg Property Tax Rate For Franklin Square NY Properties: 2.0400%

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

Investor Questions For Franklin Square NY

Franklin Square NY Real Estate & City Facts

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