Property profile

1638-1640 New Hwy Farmingdale, NY 11735

OFF-MARKET
Manufacturing properties
Property ID
US63-1274565
28,344 SF 1.44 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Total area 28,344 SF
Lot 1.44 ac (62,726 SF)
Zoning code G
APN 0100-035.00-01.00-012.001
UPID US63-1274565

Cap rate & NOI

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

Location

1638-1640 New Hwy Farmingdale, NY 11735
Farmingdale metro Census 122300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.51M
CAP Approach CAP
$6.19M
Comparable Approach Comparable
$5.76M
Blend (final) Blend
$7.71M

Owner & transaction history

since 2023
Last sale
$5.7M
1 recorded transaction
2023
$5.7M

Zoning & alternative use

G · Farmingdale, NY
Top alternative use upside
Commercial (general) $8.5M +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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