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Property profile & analytics

388 Broadhollow Rd Farmingdale, NY 11735-4807

  • Manufacturing properties
  • 29,704 SF
  • 1.90 lot acres
OFF-MARKET
Last Sale
Aug 25, 2022
Value Estimations
$1,530,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-6087989
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Manufacturing properties

Property Details for 388 Broadhollow Rd

Year built
1961
Lot size
1.90 lot acres
Property size
29,704 SF
Zone code
G
Property type
Manufacturing properties
APN
0100-094.00-01.00-077.003
APU
100094000100077003

Description

This exceptional 33,000-square-foot industrial warehouse, situated on a 2-acre lot in South Farmingdale, New York, presents a compelling investment opportunity. Located at 388 Broadhollow Rd, Farmingdale, NY 11735, the property boasts a main building of 2,900 square feet with impressive 14-foot ceilings, two drive-in doors, and a 1,000-square-foot office space. The property currently functions as a self-storage facility, featuring 33 additional units, each with its own drive-in door (35 total drive-in doors), offering significant potential for expansion or redevelopment. The wide drive-in doors (8 feet wide) are ideal for storing various items, including cars, jet skis, and small boats. While there is no current Certificate of Occupancy for the multi-tenant buildings, the property offers substantial potential. The property benefits from excellent visibility with 100 feet of frontage on Route 110 and convenient access to sewer lines. The asking price is $6,500,000, translating to $196.97 per square foot. This property is perfect for an investor seeking a high-return opportunity in a prime Suffolk County location. The existing infrastructure and layout provide a solid foundation for a variety of uses, from continued self-storage operations to a complete redevelopment project. The substantial lot size and prominent road frontage offer significant development potential.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $1,630,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Farmingdale
County
Suffolk
State
New York
Longitude
-73.4276
Latitude
40.7174
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$0.00
$6,780
$15,280
$22,060
-
$10,273
$23,152
$33,425
More about this property
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