The subject refers to a specific real estate location, pinpointed by a numerical street address on a named thoroughfare within a designated municipality. This alphanumeric combination functions as a unique identifier for a physical property. As an example, one could envision correspondence being directed precisely to this location, ensuring delivery to the intended recipient.
Such precise locational data is fundamentally important for property assessment, emergency services dispatch, and logistical operations. Accurate address information facilitates efficient navigation, enabling timely responses to urgent situations and streamlining delivery processes. The historical context of a specific locale can also influence its perceived value and desirability, impacting local economic factors.
Understanding the characteristics of properties identified by such location designations requires an examination of factors like zoning regulations, local amenities, and prevailing market conditions. Further analysis can illuminate the suitability of such a location for various purposes, ranging from residential occupancy to commercial enterprise.
Location-Specific Insights
The following guidance pertains to maximizing opportunities and mitigating potential challenges associated with properties identified by the specified address.
Tip 1: Conduct Thorough Due Diligence: Prior to engaging in any transaction, comprehensive research is imperative. This includes reviewing property records, assessing environmental reports, and verifying zoning regulations to ensure compliance and identify potential liabilities.
Tip 2: Evaluate Proximity to Key Amenities: Assess the accessibility of essential services such as transportation hubs, schools, healthcare facilities, and commercial centers. Proximity to these amenities can significantly influence property value and resident satisfaction.
Tip 3: Analyze Local Market Trends: Examine recent sales data, rental rates, and property appreciation trends within the immediate vicinity. This analysis provides valuable insights into the current market conditions and potential investment opportunities.
Tip 4: Assess Infrastructure and Utilities: Evaluate the condition and capacity of essential infrastructure components, including water supply, sewage systems, electrical grids, and telecommunications networks. Adequate infrastructure is crucial for ensuring seamless functionality and long-term sustainability.
Tip 5: Investigate Local Ordinances and Regulations: Familiarize yourself with local ordinances and regulations pertaining to property maintenance, noise control, parking restrictions, and other relevant issues. Compliance with these regulations is essential for avoiding potential fines and legal disputes.
Tip 6: Consider Security and Safety Measures: Assess the prevalence of crime and potential safety hazards within the area. Implement appropriate security measures, such as alarm systems, surveillance cameras, and security lighting, to enhance safety and deter criminal activity.
Tip 7: Evaluate Environmental Factors: Investigate potential environmental concerns, such as flood zones, soil contamination, and air quality. Addressing these concerns proactively can mitigate potential risks and protect property value.
Adhering to these recommendations will enhance the likelihood of making informed decisions and maximizing the potential of properties associated with the aforementioned location.
Careful consideration of these factors is vital for achieving successful outcomes related to this specific real estate location.
1. Real Estate
The address “1111 franklin ave garden city” represents a singular point within the broader real estate landscape. Real estate, encompassing land and its permanent structures, is fundamentally defined by location. Consequently, this specific address designates a distinct real estate asset. The value of the property located at this address is inextricably linked to real estate market dynamics, including comparable sales, neighborhood characteristics, and overall economic conditions. For example, if similar properties in Garden City have recently experienced appreciation, it is reasonable to expect a corresponding increase in the potential value of real estate at 1111 Franklin Avenue. Furthermore, any improvements or renovations made to the physical structure will directly impact its position within the real estate market.
The importance of real estate as a component of “1111 franklin ave garden city” is paramount. The address provides the necessary specificity for legally defining property ownership, taxation, and zoning regulations. Without a precise location identifier, the real estate asset lacks a clear identity and cannot be accurately assessed or transacted. Consider the scenario of property tax assessments; the precise location enables the local government to determine the appropriate tax burden based on the assessed value of the real estate. Similarly, the address is vital for potential buyers or renters to locate and evaluate the property.
Understanding the relationship between the specific location and general real estate principles is practically significant for various stakeholders. Prospective buyers can assess the investment potential, current owners can manage their assets effectively, and local governments can implement informed planning and zoning policies. The interaction between these elements creates a robust understanding for all involved parties, ensuring informed decision-making and contributing to stability of the local real estate market.
2. Property Value
Property value represents the estimated monetary worth of a specific real estate asset, and in the context of 1111 Franklin Avenue, Garden City, it’s a critical consideration influencing investment decisions, tax assessments, and overall market perception. Numerous factors converge to determine this value, impacting both the current owner and potential buyers.
- Location Attributes and Proximity
Location is a primary determinant of property value. The desirability of Garden City, its school district ratings, proximity to amenities like parks, shopping centers, and transportation hubs directly affect the assessed worth. For instance, if 1111 Franklin Avenue is within walking distance of a train station offering direct access to a major metropolitan area, this would positively influence its value compared to a similar property further from public transport.
- Physical Characteristics and Condition
The size, age, and condition of the property significantly contribute to its value. A well-maintained home with modern updates at 1111 Franklin Avenue will command a higher price than a comparable property in need of repair. The presence of desirable features such as updated kitche
ns, bathrooms, or energy-efficient systems further enhances its market appeal and, consequently, its value. - Market Conditions and Economic Factors
Prevailing market conditions, including interest rates, unemployment rates, and overall economic growth, impact property values. A seller’s market characterized by low inventory and high demand generally leads to increased property values. Similarly, favorable economic conditions, such as job growth in Garden City or the surrounding region, can drive up demand for housing and thereby increase the value of 1111 Franklin Avenue.
- Comparable Sales and Appraisal Data
Appraisers utilize comparable sales data from recently sold properties in the immediate vicinity to determine the market value of 1111 Franklin Avenue. Factors such as sale price, square footage, lot size, and condition of comparable properties are carefully analyzed to arrive at a reasonable estimate. Accurate appraisal data is essential for securing mortgage financing and ensuring a fair market price.
The synthesis of these factors culminates in a specific property value for 1111 Franklin Avenue, Garden City. This valuation is not static; it fluctuates in response to changing market dynamics and property-specific improvements, making ongoing monitoring and assessment crucial for both owners and prospective investors.
3. Location Context
The location context of 1111 Franklin Avenue, Garden City, is integral to understanding its value and appeal. This encompasses the surrounding environment and its impact on the property’s usability, desirability, and overall investment potential. A comprehensive understanding of this context necessitates the evaluation of several key elements.
- Proximity to Essential Services and Amenities
The availability of essential services such as hospitals, schools, and grocery stores significantly impacts the desirability of a location. 1111 Franklin Avenue’s proximity to these amenities in Garden City directly affects convenience for residents and influences the property’s market value. Consider the implications of being located near a highly-rated school district; this factor alone can substantially increase property values and attract families.
- Accessibility and Transportation Networks
The ease of access to major transportation routes, including highways, public transit, and airports, is crucial. The extent to which 1111 Franklin Avenue is connected to these networks determines commute times and overall accessibility for residents and businesses. For example, if the location provides easy access to a major highway, it might be highly appealing to commuters working in neighboring cities.
- Neighborhood Character and Demographics
The surrounding neighborhood’s character, including its safety, aesthetic appeal, and demographic composition, influences property value. The presence of well-maintained homes, low crime rates, and a cohesive community contribute to the overall attractiveness of the location. The demographic makeup of Garden City also impacts the types of businesses and services that thrive in the area, shaping the local environment.
- Environmental Factors and Green Spaces
Environmental factors, such as air and water quality, proximity to parks, and the presence of green spaces, play a role. A location near green spaces enhances recreational opportunities and contributes to overall quality of life, enhancing property value. Conversely, proximity to industrial areas or high-traffic corridors can have a negative impact.
In summation, the location context of 1111 Franklin Avenue, Garden City, is multifaceted and significantly impacts its value and appeal. By carefully assessing these factors, potential buyers, investors, and residents can make informed decisions about this specific property.
4. Community Access
Community access, representing the ease with which residents and visitors can reach and interact with services, amenities, and opportunities, is a critical factor influencing the quality of life and property value associated with 1111 Franklin Avenue, Garden City. Evaluating this access requires consideration of several interconnected components.
- Transportation Infrastructure
The availability and efficiency of transportation options are paramount. This includes access to public transit systems, major roadways, and pedestrian-friendly infrastructure. For example, proximity to the Long Island Rail Road or bus routes enhances community access, enabling residents of 1111 Franklin Avenue to commute to employment centers, educational institutions, and recreational facilities with greater ease. This increased accessibility often translates into higher property values and greater community engagement.
- Proximity to Services and Amenities
Community access is directly tied to the availability of essential services and amenities within a reasonable distance. This encompasses access to healthcare facilities, grocery stores, retail outlets, parks, and recreational areas. The presence of such amenities near 1111 Franklin Avenue ensures residents can readily fulfill their daily needs and participate in community life. Limited access to these services can negatively impact quality of life and property desirability.
- Digital Connectivity
In the modern era, digital connectivity is an increasingly important component of community access. High-speed internet access enables residents to work remotely, access online education resources, and participate in digital communities. Limited or unreliable internet access at 1111 Franklin Avenue would hinder these opportunities and negatively impact residents’ ability to fully participate in contemporary society.
- Inclusivity and Accessibility for All Residents
True community access extends to all residents, regardless of their physical abilities or socioeconomic status. This requires ensuring that public spaces, transportation systems, and community resources are accessible to individuals with disabilities and that affordable housing options are available to low-income families. The extent to which Garden City prioritizes inclusivity directly impacts the degree to which all residents of 1111 Franklin Avenue can fully participate in community life.
The interplay of these factors determines the overall level of community access experienced by those residing at 1111 Franklin Avenue, Garden City. Prioritizing and improving these elements ensures a more vibrant, equitable, and desirable community for all.
5. Zoning Regulations
Zoning regulations exert a significant influence on the permissible uses and development parameters applicable to 1111 Franklin Avenue, Garden City. These regulations, enacted by the local government, dictate the types of structures that can be erected, the density of development, and the activities that can legally occur on the property. A hypothetical scenario would involve a property zoned for single-family residential use being prohibited
from operating a commercial business, regardless of demand. This restriction stems directly from the zoning ordinance, illustrating its direct impact on property utilization. The importance of these regulations lies in their role in shaping the character of the neighborhood and maintaining property values by preventing incompatible land uses.
Further, zoning regulations influence specific aspects such as building height, setbacks from property lines, parking requirements, and landscaping standards. For example, a zoning ordinance might mandate a minimum setback distance between a building and the street, limiting the buildable area of the lot at 1111 Franklin Avenue. Practical applications of this understanding extend to real estate transactions, where buyers must verify zoning compliance before purchasing to ensure their intended use is permitted. Similarly, developers seeking to modify or expand a property must navigate the zoning approval process, potentially requiring variances or special permits to deviate from the established rules.
In conclusion, zoning regulations are a fundamental determinant of the property’s potential and limitations. A thorough understanding of these regulations is essential for property owners, developers, and prospective buyers to make informed decisions, avoid legal complications, and ensure the long-term viability of 1111 Franklin Avenue within the Garden City community. Compliance with zoning is not merely a legal obligation but also a crucial factor in preserving the character and value of the local area.
6. Local Demographics
Local demographics, encompassing statistical data related to population characteristics within a defined geographic area, hold significant implications for 1111 Franklin Avenue, Garden City. These data points offer insights into the needs, preferences, and potential impacts on the property and its surrounding community.
- Age Distribution
The age distribution within Garden City directly influences the demand for specific types of housing and services near 1111 Franklin Avenue. For example, a large senior population might increase the need for accessible housing and healthcare facilities, while a concentration of young families could drive demand for schools, parks, and family-oriented businesses. This demographic characteristic informs investment decisions and community planning efforts.
- Household Income and Socioeconomic Status
Household income levels within Garden City shape the affordability and desirability of properties like 1111 Franklin Avenue. Higher median incomes often correlate with increased property values and a greater demand for upscale amenities and services. Socioeconomic factors also impact the types of businesses that thrive in the area, influencing the local retail landscape and economic vitality.
- Educational Attainment
The educational attainment levels of Garden City residents are indicators of the community’s workforce skills and economic potential. Higher educational attainment often translates to a more skilled workforce, attracting businesses and driving economic growth. This factor can also influence the demand for cultural and intellectual amenities, such as libraries, museums, and performing arts venues, impacting the community’s overall quality of life near 1111 Franklin Avenue.
- Household Size and Composition
Household size and composition within Garden City, including the prevalence of families with children, single-person households, or multi-generational families, impact housing needs and preferences. Larger families may seek larger homes with yards, while single individuals may prioritize apartments or condominiums with convenient access to amenities. Understanding these dynamics informs housing development and urban planning decisions, ensuring that the community’s housing stock aligns with the needs of its residents near 1111 Franklin Avenue.
In summary, local demographics serve as a foundational element for understanding the context surrounding 1111 Franklin Avenue, Garden City. These data provide valuable insights for property owners, investors, businesses, and community planners, enabling informed decisions that promote sustainable growth and enhance the quality of life for all residents.
Frequently Asked Questions Regarding 1111 Franklin Ave, Garden City
The following questions and answers address common inquiries and concerns pertaining to the property located at 1111 Franklin Avenue, Garden City.
Question 1: What zoning regulations apply to 1111 Franklin Avenue, Garden City?
Zoning regulations for 1111 Franklin Avenue are determined by the Garden City municipal code. These regulations dictate permissible land uses, building heights, setback requirements, and other development standards. Verification of the specific zoning designation and associated regulations is crucial before undertaking any construction or business activity.
Question 2: How is property value assessed for 1111 Franklin Avenue, Garden City?
Property value assessment for 1111 Franklin Avenue is conducted by the Nassau County tax assessor’s office. The assessment process considers factors such as comparable sales data, property size, condition, location, and market trends. Property owners have the right to challenge their assessment if they believe it is inaccurate.
Question 3: What essential services are accessible from 1111 Franklin Avenue, Garden City?
Essential services accessible from 1111 Franklin Avenue include proximity to healthcare facilities, grocery stores, pharmacies, and transportation hubs. Specific distances and availability may vary, requiring independent verification to determine suitability for individual needs.
Question 4: What are the school district assignments for 1111 Franklin Avenue, Garden City?
School district assignments for 1111 Franklin Avenue are determined by the Garden City Union Free School District. These assignments are subject to change and should be verified directly with the school district to confirm eligibility and enrollment procedures.
Question 5: What is the flood risk associated with 1111 Franklin Avenue, Garden City?
Flood risk associated with 1111 Franklin Avenue is determined by FEMA flood maps and local floodplain regulations. Property owners should consult these maps to assess the risk of flooding and determine if flood insurance is required.
Question 6: What are the property tax rates for 1111 Franklin Avenue, Garden City?
Property tax rates for 1111 Franklin Avenue are set annually by Nassau County and the Garden City Union Free School District. These rates are subject to change and are based on the assessed value of the property.
Understanding these frequently asked questions provides a foundation for further inquiry and due diligence concerning this location.
Further research into local regulations and expert consultation is advisable for comprehensive understanding.
1111 franklin ave garden city
This analysis has provided a comprehensive exploration of 1111 Franklin Avenue, Garden City, examining its relevance from diverse perspectives. This included examination of Real Estate principles, valuation methodologies, locational context, community integration, regulatory compliance via Zoning Regulations and the influences of local demographics on property characteristics. This holistic view is essential for stakeholders en
gaged in property-related decisions.
A thorough understanding of the aspects detailed above is indispensable for maximizing opportunities and mitigating potential risks associated with this specific locale. Further independent research and professional consultation are strongly advised to navigate the complexities of real estate ownership and investment effectively within this dynamic community.
