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Property profile & analytics
FOR SALE
Manufacturing properties
160 Finn Ct, Farmingdale, NY 11735
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-6233957
For Sale
1 / 2
$4,900,000
160 Finn Ct, Farmingdale, NY 11735
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1966
Total area
21,932 SF
Lot
0.94 ac (40,946 SF)
Zoning code
GA
APN
0100-006.00-01.00-010.000
UPID
US63-6233957
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.27M
CAP Approach
CAP
$4.79M
Comparable Approach
Comparable
$6.51M
Blend (final)
Blend
$5.19M
Owner & transaction history
Xpnd Realty Co LLC · 4 yrs held
Xpnd Realty Co LLC
since 2021
Last sale
$3.5M
4 recorded transactions
Zoning & alternative use
GA · Farmingdale, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.1M
+45.4%
Commercial (general)
$6.6M
+18.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Farmingdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmingdale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,280,000
ML approach
$5,270,000
CAP Approach
CAP Return
Estimation
6%
$5,190,000
6.5%
$4,790,000
7%
$4,450,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,545,000
Current use
AUTO REPAIR, GARAGE
$8,060,000
Change: +45% · Conversion: Easy
COMMERCIAL (GENERAL)
$6,595,000
Change: +19% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,680,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$5.19M
Range $4.67M – $5.71M · ±10% · vs last sale $3.50M (Oct 20 2021)
Last sale anchor
$3.50M
Oct 20 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$237 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$33,310
Assessed 2023
Previous assessed
$33,310
+0.0% YoY
Assessed land
$4,230
Assessed improvement
$29,080
Land market value
$6,409
Improvement market value
$44,061
Total market value
$50,470
Applied tax rate
472,605.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1966
Heating
NONE
Total area
21,932 SF
Lot
0.94 ac (40,946 SF)
Zoning code
GA
APN
0100-006.00-01.00-010.000
UPID
US63-6233957
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
GA · Farmingdale, NY
Zoning GA · permitted uses
GA · Farmingdale, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmingdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$6.6M
WAREHOUSE, STORAGE
Est. value
$4.7M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Lot
0.94 ac
Current owner
From public records · entity-resolved
Xpnd Realty Co LLC
Entity
Free & Clear · 4 yrs held
Mailing address
47 W MAIN ST STE #3, BABYLON, NY 11702-3423
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2021
$3,500,000
Xpnd Realty Co LLC
Ambassador Real Est LLC
Deed
—
Aug 21, 2015
—
Ambassador Real Estate LLC
Town Of Babylon Indl Dev Agcy
Quit Claim Deed
related
$164,936 · Empire Nat'l Bk
Jun 28, 2005
—
Town Of Babylon Indl Dev Agcy
Ambassador Real Estate LLC
Grant Deed
$1,380,000 · Citibank NA
Jun 28, 2005
$1,725,000
Ambassador Real Estate LLC
Cyren Aircraft Corp
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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