Property profile

16 Grand Ave Farmingdale, NY 11735

OFF-MARKET
Manufacturing properties
Property ID
US63-2975548
2,400 SF 0.48 ac lot Built 1999
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1999
Total area 2,400 SF
Lot 0.48 ac (20,909 SF)
Zoning code G
APN 0100-096.00-01.00-020.002
UPID US63-2975548

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
  • Freight Service Logistics Company

Location

16 Grand Ave Farmingdale, NY 11735-6310
Farmingdale metro Census 123201 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$525k
Comparable Approach Comparable
$712k
Blend (final) Blend
$720k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

G · Farmingdale, NY
Top alternative use upside
Office building $1.1M +88.4%
Auto repair, garage $880,000 +45.4%
Commercial (general) $720,000 +18.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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