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Coram Legal Three-Family Home
For Sale
$950,000

5 Wedgewood Dr, Coram, NY 11727

Well-maintained three-unit property on an acre in Coram.

Lot Size1.00 Acre
Days on Market98

Property Features for 5 Wedgewood Dr

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Investment

Building Details

Year Built 1950
Listing Agency:
Listed By: Tatiana Valverde PSA RENE SFR
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 6:31AM

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 Tatiana Valverde PSA RENE SFR

Investment Insights

Based on property information with market context.

This legal three-family home is located in Coram on a one-acre lot. The well-maintained property features three separate units, offering income potential for investors or owner-occupants. Unit 1 includes 3 bedrooms and 2 bathrooms, Unit 2 has 2 bedrooms and 2 bathrooms, and Unit 3 contains 1 bedroom and 1 bathroom. The property also features a full finished basement. The location provides convenient access to shopping, dining, major roadways, and public transportation. Ample parking is available. The property has financed solar panels.

Key Highlights

  • Legal 3‑family home offering significant income potential
  • Situated on a 1‑acre property with ample parking
  • Three separate units: 3 bed/2 bath, 2 bed/2 bath, and 1 bed/1 bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Skin Care Clinic

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

116
Businesses Nearby

Demographics for 11727, NY

29,716
Population
11,851
Households
2.5
Avg Household Size
42
Median Age
34%
College-Educated
91%
High-School Grad
9.4 sq mi
ZIP Area
3,161
Density / Sq Mi
$101,515
Median Household Income
$59,901
Median Earnings
$2,504
Median Rent
$410,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained three-unit property on an acre in Coram.
Where is this triplex located?
The property is located at 5 Wedgewood Dr Coram, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Legal 3‑family home offering significant income potential; Situated on a 1‑acre property with ample parking; Three separate units: 3 bed/2 bath, 2 bed/2 bath, and 1 bed/1 bath
More about this property
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