Property profile

111 SULLIVAN AVE Ferndale, NY 12734

OFF-MARKET
Professional Building
Property ID
US63-1973399
19,434 SF 3 ac lot Built 1980
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Property summary

AI-generated overview

The property at 111 Sullivan Ave in Ferndale, NY is a two-story professional building within C zoning, offering a 1,500 SF first-floor suite designed for medical, wellness, therapy, professional office, or other light commercial uses permitted under C zoning. The building includes over 50 parking spaces, an elevator, and secured common areas with camera coverage. The subject suite has a direct front entry and is part of a larger plaza environment with multiple additional suites. The site benefits from frontage along a traffic corridor, supporting visibility, and the building configuration supports shared building services through common area maintenance and cleaning.

Property profile

Verified
Property type Professional Building
Year built 1980
Total area 19,434 SF
Lot 3 ac (130,680 SF)
APN 483601 126.-1-10
UPID US63-1973399

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Medical Clinic
  • Physician
  • Physician
  • Physician

Location

111 SULLIVAN AVE Ferndale, NY 12734
Ferndale metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2022
Last sale
$1.3M
2 recorded transactions
2022
$1.3M
2022
Price N/A
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