170 Lowell Ave, Floral Park, NY 11001
This exceptional multifamily investment opportunity presents a 4,000 square foot apartment building located at 170 Lowell Ave, Floral Park, NY 11001. The property is situated in a desirable neighborhood, offering convenient access to major parkways, shops, public transportation, parks, restaurants, and the Long Island Rail Road (LIRR) train station, providing easy commuting to Manhattan (approximately 35 minutes away). The building includes at least one recently renovated 1,100 square foot, three-bedroom apartment featuring modern amenities such as granite countertops, LED and rustic lighting, updated bathrooms, and new appliances. Residents enjoy the added benefit of a shared driveway for parking, basement storage, and access to a backyard. The building's location also provides proximity to excellent schools and village facilities, including a swimming pool, gym, and basketball court. The asking price for this property is $3,300. While specific details regarding the number of units and their individual features beyond the described renovated apartment are not available, this presents a strong investment opportunity in a highly sought-after location. The property is pet-friendly (with restrictions on dogs over 30 pounds), and a credit score of 700 or higher is required for tenants. Tenants are responsible for all utilities except water.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.