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    112-21 Farmers Blvd Saint Albans, NY 11412

    For Sale
    $1,099,000

    MULTI_FAMILY - Saint Albans, NY

    Lot size:
    0.04 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 112-21 Farmers Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R5B
    Rooms
    Basement
    APN
    109-68-0104
    Parking features
    On Street
    Basement
    Storage Space, Unfinished
    Appliances
    Gas Oven, Gas Range, Oven, Refrigerator, Gas Water Heater
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Electric (Heating), Natural Gas
    Cooling system
    Wall/Window Unit(s), Central Air, Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Combination
    Building materials
    Brick

    Leticia Allocca, Licensed Real Estae Broker (516) 507-2736 [email protected]

    Listing agent Leticia J. Allocca CBR

    Listing date Nov 15, 2025

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Saint Albans

    This mixed-use building in Saint Albans, NY, features both retail and residential spaces. The property is fully rented and offers a 9.6% cap rate. It comprises three units, generating a high monthly cash flow of $10,706, with a gross operating income of $128,472 annually. The ground floor is occupied by a pharmacy, while the second floor houses two residential rental apartments: one 2-bedroom unit and one 3-bedroom unit. All leases expire in 2028. Situated in a busy commercial location, this investment property presents a solid financial opportunity with an escalating retail lease and low expenses. The lot size is 0.04 acres. The property is zoned R5B.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Albans
    County
    Queens
    State
    New York
    Longitude
    -73.768001
    Latitude
    40.707978

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    FAQs

    What type of property is this?
    Mixed-use property - Retail and residential mixed-use building with high cash flow.
    Where is this mixed-use property located?
    The property is located at 112-21 Farmers Blvd Saint Albans, NY.
    What is the asking price?
    The asking price for this property is $1,099,000.
    What are key features of this property?
    This property features: - 9.6% Cap Rate; - High Monthly Cash Flow of $10,706; - Fully Rented with Leases Expiring in 2028
    (516) 507-2736
    Request Owner's contact information
    112-21 Farmers Blvd Saint Albans, NY 11412
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    Saint Albans, NY 11412
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112-21 Farmers Blvd Saint Albans, NY 11412
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