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925 Hempstead Turnpike

925 Hempstead Turnpike

Address: 925 Hempstead Turnpike, Franklin Square NY

Year Purchased: 2004

Property Type: Bank

Property SF: 36,000 SF

Project Highlights: This Landmark building ("The Franklin National Bank") was acquired from a net leased property owner who was selling at the expiration of a master lease on the whole property. Simultaneous with the closing, and in conjunction with the seller, Ownership consummated a new lease with a leading financial institution for a new bank branch, and negotiated the leases with the building's existing tenants.

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