Cheryl Rosenthal
Responds Quickly
Realty Trends Corp
(516) 518-7267
153 Total Sales
28 in Hempstead
$350K - $791K Price Range
78 S Franklin St Hempstead, NY 11550
Hempstead AreaEstimated Value: $711,311
4
Beds
2
Baths
1,223
Sq Ft
$582/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Main Floor Bedroom
- Baseboard Heating
- Wood Flooring
- Bathroom on Main Level
- West Facing Home
About This Home
As of December 2025Welcome 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.
Last Agent to Sell the Property
Fox 21 Brokerage Phone: 516-637-8344 License #40HA0990280 Listed on: 08/28/2025
Last Buyer's Agent
Fox 21 Brokerage Phone: 516-637-8344 License #40HA0990280 Listed on: 08/28/2025
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2025
Closed on
Dec 17, 2025
Sold by
Bought by
Seller's Agent
Robert Hakimian
Fox 21
Buyer's Agent
Robert Hakimian
Fox 21
List Price
$790,000
Sold Price
$790,000
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,689
Avg. Annual Appreciation
-16.04%
Original Mortgage
$540,000
Outstanding Balance
$536,891
Interest Rate
6.26%
Mortgage Type
Stand Alone First
Estimated Equity
$174,420
Purchase Details
Closed on
Mar 30, 2001
Sold by
Bought by
Purchase Details
Closed on
Oct 16, 2000
Purchase Details
Closed on
Jul 20, 2000
Sold by
Bought by
Purchase Details
Closed on
Nov 17, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hempstead, NY
-
Cheryl Rosenthal
-
Rossy Ceron
Rossy Ceron
Century Homes Realty Group LLC
(646) 362-9126
13 Total Sales
1 in Hempstead
$490,000 Price
-
Donna Alvino
Donna Alvino
Exit Family Realty
(516) 758-1610
65 Total Sales
1 in Hempstead
$405,000 Price
-
Richard Krug
Richard Krug
Coldwell Banker American Homes
(516) 400-4970
161 Total Sales
2 in Hempstead
$605K - $725K Price Range
-
Marlene Reyes
Marlene Reyes
Coldwell Banker Paradise
(516) 548-8680
25 Total Sales
1 in Hempstead
$490,000 Price
-
Kenneth Trestka
Kenneth Trestka
Ken Trestka Real Estate Inc
(934) 223-2833
82 Total Sales
3 in Hempstead
$430K - $550K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $790,000 | Wfg Natl Title Ins Company | ||
| $92,400 | Gregg Star | ||
| -- | -- | ||
| $84,000 | Michael Feit | ||
| $60,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $540,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2025 12/27/25 | Sold | $790,000 | 0.0% | $646 / Sq Ft |
| 12/17/2025 12/17/25 | Pending | -- | -- | -- |
| 08/28/2025 08/28/25 | For Sale | $790,000 | -- | $646 / Sq Ft |
Source: OneKey® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $7,005 | $276 | $139 | $137 |
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Hakimian
Seller's Agent in 2025
Robert Hakimian
Fox 21
(516) 859-1611
4 Total Sales
Map
Source: OneKey® MLS
MLS Number: 906652
APN: 2013-34-358-00-0166-0
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2026 OneKey® MLS. All rights reserved.
Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
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