78 S Franklin St Hempstead, NY 11550
Estimated payment $4,902/month
Highlights
- Colonial Architecture
- Main Floor Bedroom
- Baseboard Heating
- Wood Flooring
- Bathroom on Main Level
- West Facing Home
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
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
- Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
Schools
- Barack Obama Elemen Elementary School
- Alverta B Gray Schultz Middle Sch
- Hempstead High School
Utilities
- No Cooling
- Baseboard Heating
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 166 / 358
- Assessor Parcel Number 2013-34-358-00-0166-0
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,005 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $790,000 | -- | $646 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $92,400 | Gregg Star | |
| Deed | -- | -- | |
| Deed | $84,000 | Michael Feit | |
| Deed | $60,000 | -- |
Source: OneKey® MLS
MLS Number: 906652
APN: 2013-34-358-00-0166-0
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