123 Smith St Farmingdale, NY 11735-1004
- Manufacturing properties
- 115,683 SF
- 9.40 lot acres
Current Use by Public Records
- Icon Laboratories Inc / Medical Laboratory
- The Music Zoo / Guitar Store / Musical Instrument Store
Property Details for 123 Smith St
- Year built
- 1961
- Lot size
- 9.40 lot acres
- Property size
- 115,683 SF
- Zone code
- GA
- Property type
- Manufacturing properties
- APN
- 0100-002.00-01.00-011.002
- APU
- 100002000100011002
Description
This exceptional 3.73-acre commercial land parcel in Farmingdale, NY, presents a remarkable investment opportunity. Located in Suffolk County, at 123 Smith Street, zip code 11735, this property boasts R-3M zoning, already approved for a substantial development project. The site plan includes the construction of a three-story apartment building encompassing 54 units – a mix of 32 two-bedroom and 22 one-bedroom apartments. Ample parking is provided with 135 spaces available. Furthermore, sewer connection is readily accessible. The property's strategic location straddles the towns of Huntington and Babylon, offering convenient access to various amenities and transportation routes. An existing 1,938 square foot community center is also included. This property is being offered at $5,750,000 and represents a unique chance to capitalize on the strong demand for residential units in this thriving area. All necessary approvals and site plans are in place, streamlining the development process. Don't miss this chance to acquire a ready-to-develop site with significant potential for high returns.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $2,535,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Farmingdale
- County
- Suffolk
- State
- New York
- Longitude
- -73.4169
- Latitude
- 40.7556
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
