78 S Franklin Street, Hempstead, NY 11550

4 beds |
2 baths |
1,223 sqft

Single-Family Home
Built in 1878
7,248sqft lot
1 car garage
$646/sqft
Listed 1 day ago

Property Description

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 Status:: Active
Listing Office:: Fox 21 : 516-637-8344
MLS ID:: 906652

General: First Floor BedroomFirst Floor Full Bath
Appliances: DishwasherGas OvenGas RangeMicrowaveRefrigeratorGas Water Heater
Basement: PartialUnfinished
Flooring: Wood
A/C: None
Heating: Baseboard

This listing courtesy of Fox 21

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Prospect Elementary School

265 Peninsula Blvd, Hempstead, NY, 11550

Grades PK-KG

0.16 miles away

Alverta B Gray Schultz Middle School

70 Greenwich St, Hempstead, NY, 11550

Grades 6-8

0.30 miles away

Hempstead High School

201 President St, Hempstead, NY, 11550

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.