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    OFF-MARKET
    Commercial real estate

    170 Lowell Ave, Floral Park, NY 11001

    4,000 SF
    Property ID
    US63-0270497
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 4,000 SF
    UPID US63-0270497
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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