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78 S Franklin StreetHempstead, NY 11550

For Sale

$790,000

Smart Buyer Rebate $7,250

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.

Listed by Robert Hakimian

·

Fox 21

·

516-637-8344

Last updated August 29, 2025

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Source: OneKey #906652

Listing Facts

  • TypeSingle-family
  • NeighborhoodHempstead
  • Bedrooms4
  • Bathrooms2
  • Days on Prevu8
  • Taxes$9,100/year
  • Size1,223 sqft
  • Price per sqft$646

Amenities

  • Dishwasher

Location

Mortgage Calculator

Listing History

08/28/2025
Listed by Fox 21
$790,000

Property Details for 78 S Franklin Street

Exterior

Construction

  • Property Condition: Updated/Remodeled
  • Year Built: 1878
  • Architectural Style: Colonial
  • Construction Materials: Frame, Vinyl Siding

Features

  • Direction Faces: West

Measurements

  • Building Area Total: 1,223
  • Building Area Units: Square Feet
  • Lot Features: Back Yard
  • Lot Size Acres: 0.16
  • Lot Size Dimensions: 50,144
  • Lot Size Square Feet: 7,250

Financial

Taxes

  • Parcel Number: 2013-34-358-00-0166-0
  • Tax Annual Amount: $9,100.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Gas Water Heater
  • Flooring: Wood
  • Interior Features: First Floor Bedroom, First Floor Full Bath

Measurements

  • Living Area: 1,223
  • Living Area Source: Public Records

Rooms

  • Basement: Partial, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Rooms Total: 7

Other

Location

  • Tax Block: 358
  • Tax Lot: 166

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes

Schools

Elementary School

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

High School

  • High School: Hempstead High School
  • High School District: Hempstead

Middle or Junior School

  • Middle Or Junior School: Alverta B Gray Schultz Middle Sch
  • Middle Or Junior School District: Hempstead

Utilities

Equipment

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.