0 bath home for sale at 721 Franklin Avenue, Franklin Square, NY — Nassau County Long Island listing photo
    Active
    Franklin Square, NY 11010
    Township: HempsteadPostalCity: Franklin Square

    721 Franklin Avenue

    0 ba
    785 DOM
    MLS KEYL3571840
    $675,000

    About this property

    REDUCED $200K To Sell Stat! Owner is willing to HOLD! Turn-Key Award Winning Italian Restaurant & Pizzeria! Winner of Best Pizza on Long Island. Italian eatery located among the hustle and bustle of Franklin Avenue. Boasts freshly made dishes prepared only with the finest ingredients. Stop in for a quick bite to eat in the pizzeria or stay a while in our comfortable, newly renovated dining room w/bar. Full Liquor License! 77 seating capacity. Strip Center with 80 parking spots. Family owned and operated since 1976.

    Listing details

    Property Type
    Business Opportunity
    Sub-Type
    Business
    County
    Nassau County
    MLS #
    KEYL3571840
    Status
    Active

    Street view & aerial

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    HUD Fair Market Rents

    FMR for Franklin Square, NY 11010

    FY2025 · Nassau-Suffolk HUD Metro FMR Area

    3-Bedroom FMR (Subject Property)
    $3,324 /mo
    $39,888 projected annual gross

    All bedroom sizes — ZIP 11010

    Unit SizeMonthly FMRAnnual Gross
    Studio$1,900$22,800
    1 Bedroom$2,156$25,872
    2 Bedroom$2,640$31,680
    3 BedroomSubject$3,324$39,888
    4 Bedroom$3,683$44,196

    Source: U.S. Department of Housing & Urban Development — Nassau-Suffolk HUD Metro FMR Area, FY2025. FMR represents the 40th-percentile gross rent under the Section 8 Housing Choice Voucher program. Market rents in stable Long Island submarkets typically run 110–130% of FMR.

    Monthly Payment Estimate

    Mortgage calculator

    Principal & interest plus taxes, insurance, and HOA. Edit any field below.

    $135,000
    Principal & Interest
    $3,502
    Taxes
    $1,238
    Insurance
    $236
    HOA
    $0
    Estimated monthly payment$4,976

    Estimate only — actual payment depends on credit, loan program, escrow, PMI/MIP, and lender fees. Not a loan offer or commitment.

    Ask a question about this home

    Send it directly to Kristopher.

    East End Luxury Ltd. is a New York–licensed real estate brokerage. We provide brokerage services only — listing, marketing, pricing strategy, and buyer procurement — and do not provide legal, tax, or financial advice.

    721 FRANKLIN AVENUE, FRANKLIN SQUARE, NY 11010 | KEYL3571840 | Classic Rlty Development Corp, Gary J. DiVirgilio · 631-331-7000

    Questions about this listing

    Is 721 Franklin Avenue in Franklin Square still available?

    Inventory changes daily. 721 Franklin Avenue is currently listed as Active in OneKey® MLS. Contact East End Luxury Ltd. at (516) 449-2783 for the most up-to-date status, including any pending offers, auction date, or short-sale lender response.

    Can I tour a foreclosure or short sale on Long Island?

    Yes. Most distressed properties on Long Island, the Hamptons, and East End are available for showings by appointment. We coordinate access with the listing brokerage, asset manager, or seller's attorney and can typically schedule a tour within 24–72 hours.

    How do offers work on a short sale or REO listing?

    Short sales require lender approval and typically take 60–120 days from accepted offer to closing. REO/bank-owned listings follow asset-manager addenda and usually close in 30–45 days. Cash offers and pre-approved buyers receive priority. We guide you through every step.

    OneKey® MLS

    Listings courtesy of OneKey® MLS as distributed by MLS GRID.

    Listing last updated: 08/10/2026, 09:58 AM ET

    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. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    IDX information is provided exclusively for consumers' personal, non-commercial use. © 2026 OneKey® MLS / MLS GRID. Equal Housing Opportunity.