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465 Franklin Ave, Franklin Square, NY 11010 465 Franklin Ave 7,906 SF 100% Leased Retail Building Franklin Square, NY 11010 $3,468,500 CAD ($438.72 CAD/SF)
INVESTMENT HIGHLIGHTS
- Heavy Traffic Area
- High Ceilings
- Prime Signage
EXECUTIVE SUMMARY
This highly trafficked commercial location has prime frontage while boasting a newly renovated showroom equipped with an 11 foot roll up door with 12 foot ceilings for storage and deliveries. Directly across from major supermarket. The stationary store has a long term lease. With street parking, a fenced in private lot, and rear storage, it offers many opportunities to the right buyer. This turn key location is ideal for both an end user or investor. Taxes $70,448 per year total.
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$93,476
|
$11.82
|
| Operating Expenses |
$9,712
|
$1.23
|
| Total Expenses |
$103,188
|
$13.05
|
FINANCIAL SUMMARY (PRO FORMA - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $93,476 |
| Annual Per SF | $11.82 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $9,712 |
| Annual Per SF | $1.23 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $103,188 |
| Annual Per SF | $13.05 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,906 SF
Building Class
B
Year Built/Renovated
1962/2023
Price
$3,468,500 CAD
Price Per SF
$438.72 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.49
Lot Size
0.37 AC
Frontage
AMENITIES
- Fenced Lot
- Signage
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2089-35-162-00-0186-0 | Total Assessment | $14,328 CAD (2025) |
| Land Assessment | $5,365 CAD (2025) | Annual Taxes | $93,476 CAD ($11.82 CAD/SF) |
| Improvements Assessment | $8,964 CAD (2025) | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
2089-35-162-00-0186-0
Land Assessment
$5,365 CAD (2025)
Improvements Assessment
$8,964 CAD (2025)
Total Assessment
$14,328 CAD (2025)
Annual Taxes
$93,476 CAD ($11.82 CAD/SF)
Tax Year
2024 Payable 2025
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465 Franklin Ave, Franklin Square, NY 11010 | 465 Franklin Ave
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