Franklin Square, New York Commercial Real Estate 3 Listings
Franklin Square, New York: A Premier Destination for Commercial Real Estate
Introduction
Franklin Square, New York, offers a compelling appeal for commercial real estate investors and professionals. As a vibrant suburban community located in Nassau County on Long Island, Franklin Square is strategically positioned near New York City, making it an attractive location for various commercial activities. The city boasts a diverse economy with strong ties to retail, healthcare, and local services, which drive demand for various commercial property types. Its proximity to major metropolitan areas and established infrastructure further enhance its unique positioning in the commercial real estate market.
Economic and Industry Overview
Franklin Square's economy is primarily driven by retail, healthcare, and professional services. The presence of numerous small to medium-sized businesses creates a robust demand for retail and office spaces. The area's economic development is supported by initiatives from the Nassau County Industrial Development Agency, which promotes growth through tax incentives and other business-friendly policies. These efforts aim to attract new businesses and support existing ones, thereby increasing the demand for commercial properties such as office buildings, retail centers, and medical facilities.
Strategic Location and Transportation Infrastructure
Franklin Square benefits from excellent transportation infrastructure, which significantly enhances its appeal as a commercial real estate hub. The city is accessible via major highways such as the Southern State Parkway and the Meadowbrook State Parkway, facilitating easy commutes to and from New York City and other parts of Long Island. Proximity to John F. Kennedy International Airport and LaGuardia Airport offers logistical advantages for businesses requiring domestic and international connectivity. Additionally, the Metropolitan Transportation Authority (MTA) provides public transit options that connect Franklin Square to the broader New York metropolitan area, expanding access to labor pools and consumer markets.
Commercial Real Estate Inventory & Zoning
Franklin Square's commercial real estate landscape is diverse, featuring notable submarkets such as retail corridors along Hempstead Turnpike and residential neighborhoods with commercial-grade multifamily properties. The area includes key asset classes like industrial, retail, office, and medical facilities. Recent zoning updates and overlays aim to encourage mixed-use developments and higher-density residential projects, aligning with Nassau County's broader growth objectives. For detailed zoning maps and parcel information, visit the Nassau County GIS Portal.
Major Employers and Institutions
Significant employers in Franklin Square include healthcare providers, educational institutions, and regional retail chains. Nearby universities and research centers contribute to the demand for office and research spaces. The presence of corporate headquarters and government centers further bolsters the commercial real estate market. For a comprehensive list of local businesses and economic resources, refer to the Nassau County Economic Development.
Notable Commercial Developments & Projects
Franklin Square is witnessing several large-scale commercial development projects, including mixed-use and retail centers. These developments often involve public-private partnerships and are supported by incentives such as Opportunity Zones. For information on current projects and site maps, visit the Town of Hempstead Planning Department.
Building Permits, Planning, and Development Tools
For developers and investors interested in Franklin Square, key resources include the Town of Hempstead Building Department for permits and safety regulations. The Nassau County GIS Portal offers parcel map viewing, and the Town of Hempstead Planning Commission provides access to planning and development codes.
Market Data & Economic Reports
Public data sets, such as those available from Census.gov and the Nassau County Open Data Portal, offer valuable insights into Franklin Square's commercial real estate market. Brevitas leverages AI-powered aggregation from these public sources and internal insights to provide comprehensive market dashboards. For a closer look at Franklin Square's market data, explore the Brevitas Franklin Square CRE Dashboard.
Why Use Brevitas for Franklin Square, New York CRE?
Brevitas stands out as a premier platform for discovering commercial real estate opportunities in Franklin Square. Our AI-driven tools offer real-time market alerts, smart property pages, and seamless dealroom collaboration. Brevitas provides features like auto-generated listing pages, email and landing page tools, and integration with brokers and developers. Additionally, our platform offers exclusive listings and premium exposure, making it the go-to marketplace for Franklin Square commercial real estate professionals.
Explore the future of Franklin Square commercial real estate with Brevitas today.
908-912B Hempstead Turnpike, Hempstead, NY, 11010
540 Franklin Sq. Avenue
908-912B Hempstead Turnpike , 908,910,912A, 912B
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