Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    901 Main St Farmingdale, NY 11735

    Sponsored
    For Sale
    $5,611,000

    High-yield daycare center, strong lease.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 10,800 square foot daycare center located at 901 S. Main St, Farmingdale, NY 11735, in Nassau County's Oyster Bay town. Situated on a prominent corner lot spanning 40,219 square feet (.92 acres), the property boasts a new 15-year lease with "The Learning Experience," a reputable daycare provider. The lease includes two 5-year options, ensuring long-term stability. The annual gross rent commences at $411,654, with attractive 12% rent escalations every five years, significantly increasing future cash flow. The current Net Operating Income (NOI) stands at $345,000, representing a compelling return on investment. The property's parcel ID is 2489-49-287-00-0004-0. This turnkey investment offers a secure and profitable venture in a thriving market, presenting a rare opportunity for discerning investors seeking a strong, long-term, passive income stream. The asking price for this exceptional property is $5,611,000.

    Property Features for 901 Main St

    General Information

    Property type
    Day care centers

    HighLights

    • 901 S. Main St., Farmingdale, NY 11735, corner lot.
    • 10,800 square foot building.
    • Located in Nassau County, Oyster Bay.
    • 40,219 square foot (.92 acre) lot.
    • Parcel ID: 2489‑49‑287‑00‑0004‑0.
    • 15‑year lease with two 5‑year options.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Learning Experience - Farmingdale Day Care Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmingdale
    County
    Nassau
    State
    New York
    Longitude
    -73.4328228
    Latitude
    40.7143318

    Nearby Similar for Sale

    • $849,999
      Pending

      Farmingdale Legal Two-Family Home

      Legal 2-family home near shops, restaurants, and public transportation.
      32 Nostrand St, Farmingdale, NY 11735
      View Details
    • $3,900,000
      Pending

      Hotel Development Opportunity Near Airport

      Hotel development opportunity near Farmingdale Airport.
      306-308 Route 109, Farmingdale, NY 11735
      View Details
    • $3,100,000
      6,390 SF

      Farmingdale Retail Investment Opportunity

      NNN property with annual rental escalations and development potential.
      250 Conklin St, Farmingdale, NY 11735
      View Details
    • $359,000

      Farmingdale Two-Bedroom Co-op

      Desirable two-bedroom co-op with modern kitchen and community amenities.
      400 Fulton St, Farmingdale, NY 11735
      View Details
    • $225,000

      Farmingdale Co-op with Parking

      Charming 1-bedroom co-op near Farmingdale's vibrant Main Street.
      490 Main St, Farmingdale, NY 11735
      View Details
    • $1,575,000
      6,000 SF

      Farmingdale Flex Building For Sale

      Single-story flex building in prime Farmingdale location, ideal for investors.
      94 Gazza Blvd, Farmingdale, NY 11735
      View Details
    • $4,000,000
      4,500 SF

      Established Auto Body Shop Opportunity

      Commercial property with auto shop, office, and residential building.
      454 Fulton St, Farmingdale, NY 11735
      View Details
    • $319,999

      Updated First-Floor Co-op Residence

      Updated 1-bedroom co-op in Farmingdale's desirable Kingswood community.
      216 Fulton St, Farmingdale, NY 11735
      View Details
    • $250,000

      Farmingdale Co-op Opportunity

      Spacious co-op with potential in a sought-after community.
      18 Ivy St, Farmingdale, NY 11735
      View Details
    • $324,999

      Updated Unit with Private Terrace

      Move-in ready unit near LIRR, shopping, and Bethpage State Park.
      1233 Melville Rd, Farmingdale, NY 11735
      View Details
    • $680,000

      Move-In Ready Townhome in Farmingdale

      Almost new townhome with modern amenities, close to town.
      37 Stratford Grn, Farmingdale, NY 11735
      View Details
    • $299,000

      Farmingdale Apartment with King-Size Bedroom

      Farmingdale apartment featuring a king-size bedroom and updated bath.
      98 Jervis Ave, Farmingdale, NY 11735
      View Details

    FAQs

    What type of property is this?
    Day care center - High-yield daycare center, strong lease.
    Where is this day care center located?
    The property is located at 901 Main St Farmingdale, NY.
    What is the asking price?
    The asking price for this property is $5,611,000.
    What are key features of this property?
    This property features: 901 S. Main St., Farmingdale, NY 11735, corner lot.; 10,800 square foot building.; Located in Nassau County, Oyster Bay.
    Request Owner's contact information
    901 Main St 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.
    901 Main St
    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 Estimation

    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.

    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.

    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
    901 Main St 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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.