$790,000

Estimated payment $5,055/month

Total Views 124
4 Beds
2 Baths
1,223 Sq Ft
$646 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • West Facing Home
  • Wood Flooring
  • Baseboard Heating
  • Back Yard

About This Home

Welcome to 78 S Franklin Street, Hempstead — a beautifully remodeled single-family home offering comfort, space, and incredible future potential.
This 4-bedroom, 2-bath residence features a spacious living room, formal dining area, and an updated kitchen designed for today’s lifestyle. With bright interiors, modern finishes, and a thoughtful layout, the home is move-in ready for a new owner or tenant.
But what truly sets this property apart is its generous lot size (approx. 7,248 sq ft) and favorable Business B zoning. Investors and developers will appreciate the buildable FAR and flexibility for future mixed-use development, commercial storefronts, or multifamily options (subject to permits and approvals). This makes the property a rare opportunity: enjoy a remodeled home today while unlocking the long-term redevelopment potential of tomorrow.
Located in a prime, high-visibility area near shops, restaurants, transportation, and schools, this property offers both lifestyle convenience and investment upside.
? Highlights:
4 Bedrooms, 2 Full Baths
Large Living Room & Dining Room
Updated Kitchen & Interiors
Lot Size: ~7,248 sq ft (50 × 144)
Zoning: Business B — potential for future mixed-use or redevelopment
Great central Hempstead location close to everything.
Whether you’re looking for a comfortable family home or a strategic investment with development potential, this property delivers both.
PLEASE CONTACT AN ARCHITECT FOR PROPER INFORMMATION SUCH AS ZONING, POTENTIAL USE AND BUILDABLE FAR.

Listing Agent

Robert Hakimian

Fox 21 Brokerage Phone: 516-637-8344 License #40HA0990280 Listed on: 08/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,100

Year Built

  • Built in 1878

Lot Details

  • 7,250 Sq Ft Lot
  • Lot Dimensions are 50x144
  • West Facing Home
  • Back Yard

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,223 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Schools

  • Barack Obama Elemen Elementary School
  • Alverta B Gray Schultz Middle Sch
  • Hempstead High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 166 / 358
  • Assessor Parcel Number 2013-34-358-00-0166-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,100

Year Built

Built in 1878

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: Updated/Remodeled
  • Levels: Two
  • Year Built: 1878
  • Attribution Contact: 516-637-8344
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Gas Water Heater
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • Flooring: Wood
  • Full Bathrooms: 2
  • Basement: Partial, Unfinished
  • Total Bedrooms: 4
  • Living Area: 1223
  • Basement YN: Yes

Exterior Features

  • Direction Faces: West
  • Construction Materials: Frame, Vinyl Siding
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Alverta B Gray Schultz Middle Sch

Lot Info

  • Lot Size Acres: 0.1664
  • Lot Dimensions: 50x144
  • Lot Size Sq Ft: 7250
  • Building Area Total: 1223
  • Lot Features: Back Yard
  • Parcel Number: 2013-34-358-00-0166-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 9100
  • Tax Block: 358
  • Tax Lot: 166
  • Tax Year: 2025

MLS Schools

  • Elementary School: Barack Obama Elemen School
  • High School: Hempstead High School
  • Middle School District: Hempstead

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $673 $276 $139 $137
2024 $673 $265 $133 $132
2023 $6,535 $276 $139 $137
2022 $6,535 $276 $139 $137
2021 $9,271 $268 $135 $133
2020 $6,200 $332 $331 $1
2019 $5,601 $356 $333 $23
2018 $5,772 $379 $0 $0
2017 $5,265 $403 $335 $68
2016 $5,970 $427 $331 $96
2015 $754 $450 $300 $150
2014 $754 $450 $300 $150
2013 $710 $458 $306 $152
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $790,000 -- $646 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $92,400 Gregg Star
Deed -- --
Deed $84,000 Michael Feit
Deed $60,000 --
Source: Public Records

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Source: OneKey® MLS

MLS Number: 906652

OneKey® MLS

APN: 2013-34-358-00-0166-0