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Farmingdale Retail Investment Opportunity
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1255 Melville Rd, Farmingdale, NY

2,546 SF free-standing building in prime Farmingdale location.

Property Size2,546 SF
Lot Size0.62 Acres
Price / SF$785.55
Days on Market683

Property Features for 1255 Melville Rd

General Information

Standard status Active
Size 2,546 SF
Lot size 0.62 Acres
Property subtype RETAIL
Listing Agency: CAMCO Commercial Real Estate
Listed By: Aric Schachner · License #10301212242
Source: Moodyscre
Added: Sep 26, 2024 Changed: Aug 8 Last Checked: Aug 9 at 10:10AM

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 CAMCO Commercial Real Estate

Investment Insights

Based on property information with market context.

This 2,546 square-foot free-standing building, constructed in 2000 and renovated in 2013, presents a retail investment opportunity in Farmingdale. The property operates under an absolute NNN lease structure with single tenant and 100% occupancy. Zoned E, the property is suitable for various retail uses. The property has a strong rental history and income and is considered a low-maintenance investment.

Key Highlights

  • Prime location in Farmingdale
  • Absolute NNN lease structure
  • Single tenant, 100% occupancy

Property Analytics

Current Use

Western Union Bank 7-Eleven Grocery & Convenience Store ATM Atm Verona Ristorante Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm (Bike/Boat/Book/etc) Store Hotel & Motel Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby
247k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 35% Dining 32% Shops & Services 19% Groceries 10%
BJ's Wholesale Club Superstores
86,674 visits/mo 0.2 miles
Chick-fil-A Dining
53,201 visits/mo 0.5 miles
BJ's Gas Shops & Services
44,103 visits/mo 0.1 miles
Restaurant Depot Groceries
25,890 visits/mo 0.3 miles
Taco Bell Dining
15,800 visits/mo 0.5 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - 2,546 SF free-standing building in prime Farmingdale location.
Where is this storefront property located?
The property is located at 1255 Melville Rd Farmingdale, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Prime location in Farmingdale; Absolute NNN lease structure; Single tenant, 100% occupancy
(631) 389-0263 Call to check price and availability
More about this property
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