Retail-Pharmacy With Residential
112 Farmers Blvd Saint Albans, NY 11412
For Sale
$1,099,000
Pending
Mixed-use building with a pharmacy ground floor and two residential apartments above, fully rented with leases through 2028.
Days on Market253
Property Features for 112 Farmers Blvd
General Information
- Standard status
- Pending
Listing Agency:
Leticia J Allocca
(516) 507-2736
Listed By:
Leticia J. Allocca CBR
(516) 507-2736
Source:
Exprealty
Added: Nov 12, 2025
Changed: Jul 23
Last Checked: Jul 23 at 4:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Leticia J Allocca
Investment Insights
Based on property information with market context.
This retail and residential mixed-use building includes three fully rented units. The ground floor is leased as a pharmacy, and the second floor contains two rental apartments. The residential layout consists of one 2-bedroom unit and one 3-bedroom unit.
For the current tenancy, all leases expire in 2028. The property is presented as a commercial and multifamily investment with a stated 9.6% cap rate and $10,706 in monthly gross operating income ($128,472 annually), along with reported low expenses and an escalating retail lease.
Located at 112 Farmers Blvd in Saint Albans, New York, the building is described as being in a busy commercial area, supporting its retail-focused configuration.
For the current tenancy, all leases expire in 2028. The property is presented as a commercial and multifamily investment with a stated 9.6% cap rate and $10,706 in monthly gross operating income ($128,472 annually), along with reported low expenses and an escalating retail lease.
Located at 112 Farmers Blvd in Saint Albans, New York, the building is described as being in a busy commercial area, supporting its retail-focused configuration.
Key Highlights
- Mixed‑use building with 3 units: pharmacy ground floor and 2 residential apartments on the second floor
- Fully rented with gross operating income of $10,706 monthly ($128,472 annual)
- 9.6% cap rate (per provided remarks)
Property Analytics
Location Intelligence
Current Use by Public Records
Drug stores
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with a pharmacy ground floor and two residential apartments above, fully rented with leases through 2028.
Where is this mixed-use property located?
The property is located at 112 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: Mixed‑use building with 3 units: pharmacy ground floor and 2 residential apartments on the second floor; Fully rented with gross operating income of $10,706 monthly ($128,472 annual); 9.6% cap rate (per provided remarks)
