Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    170 Allen Blvd Farmingdale, NY 11735

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    22,856 SF warehouse featuring interior and exterior loading docks.

    Property size:
    22,856 SF
    Lot size:
    2.07 Acres

    Property Features for 170 Allen Blvd

    General Information

    Size
    22,856 SF
    Lot size
    2.07 Acres

    We can help!

    Listing Contact
    Gary J. Chimeri
    Source: Moodyscre

    Listing Agent: Gary J. Chimeri

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Farmingdale Warehouse with Multiple Docks

    This 22,856 square foot warehouse is located in Farmingdale, NY. The property features two interior docks, one exterior dock, and one drive-in door. Ceiling heights range from 14.6 to 18 feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Charles K Design ... Industrial Manufacturer Long Island Marine ... (Bike/Boat/Book/etc) Store Cove Long Island Industrial Manufacturer Davena Office Environments Furniture & Home Goods TigMig Mobile Welding Metal Fabrication Plant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    Public Storage, Public Storage, Self-Storage at U-Haul, LPS Office Interiors, LPS Moving & Storage

    Location Insight

    • Map
    • Local Demand
    City
    Farmingdale
    County
    Nassau
    State
    New York
    Longitude
    -73.414188
    Latitude
    40.716711

    Nearby Similar for Lease

    • $2,000 /Mo
      15,098 SF

      Farmingdale Office Space For Rent

      Professional office space with natural light and kitchenette in Farmingdale.
      984 Fulton St, Farmingdale, NY 11735
      View Details
    • $9,916 /Mo
      54,450 SF

      Farmingdale Retail and Warehouse Sublease

      7000 SF retail and warehouse space available for sublease.
      50 Schmitt Blvd, Farmingdale, NY 11735
      View Details
    • $5,000 /Mo

      Downtown Farmingdale Storefront with Basement

      Spacious storefront in Farmingdale Village, suitable for various businesses.
      155A Main St, Farmingdale, NY 11735
      View Details
    • $1,715 /Mo
      615 SF

      Farmingdale Office Space For Rent

      Newly renovated office space in Farmingdale Village with parking.
      399 Conklin St, Farmingdale, NY 11735
      View Details
    • Contact for pricing
      1,400 SF

      Farmingdale Retail Space For Rent

      Grocery-anchored retail space in a recently renovated Farmingdale center.
      202 Airport Plaza Blvd, Farmingdale, NY 11735
      View Details
    • Contact for pricing
      700 SF

      Farmingdale Office Space For Rent

      700 SF office space with excellent visibility and signage.
      145 Merritts Rd, Farmingdale, NY 11735
      View Details
    • $1,542 /Mo
      925 SF

      Farmingdale Office Space For Rent

      Second-story office spaces available in a busy shopping center.
      201 Northwest Dr, Farmingdale, NY 11735
      View Details
    • $2,053 /Mo
      1,232 SF

      Farmingdale Office Space For Rent

      Second-story office spaces available in a busy shopping center.
      201 Northwest Dr, Farmingdale, NY 11735
      View Details
    • $2,720 /Mo
      1,632 SF

      Farmingdale Office Space For Rent

      Second-story office spaces available in a busy shopping center.
      201 Northwest Dr, Farmingdale, NY 11735
      View Details
    • $2,500 /Mo
      1,111 SF

      Retail Space in Busy Center

      Retail space available in a 16-unit strip center.
      184b Merritts Rd, Farmingdale, NY 11735
      View Details
    • Contact for pricing
      641 SF

      Farmingdale Office Space For Rent

      Office space available for lease in Farmingdale, New York.
      100 Broad Hollow Rd, Farmingdale, NY
      View Details
    • Contact for pricing
      3,600 SF

      Farmingdale Office Space Available

      Office space available for rent in Farmingdale, New York.
      500 Bi County Blvd, Farmingdale, NY 11735
      View Details

    FAQs

    What type of property is this?
    Warehouse - 22,856 SF warehouse featuring interior and exterior loading docks.
    Where is this warehouse located?
    The property is located at 170 Allen Blvd Farmingdale, NY.
    What are key features of this property?
    This property features: - Two interior docks offer efficient loading and unloading.; - One exterior dock.; - 14.6-18 ft ceiling height.
    (516) 286-5177 Call to check price and availability
    Request Owner's contact information
    170 Allen Blvd Farmingdale, NY 11735
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    170 Allen Blvd
    Farmingdale, NY 11735
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    170 Allen Blvd Farmingdale, NY 11735
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Gary J. Chimeri
    (516) 286-5177 (631) 414-7878
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!