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Financial
Distress signals
Property profile

195 Merritts Rd Farmingdale, NY 11735

OFF-MARKET
Banks
Property ID
US63-3370561
2,283 SF 1.39 ac lot Built 1976
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A vacant, free-standing building constructed in 1977 and historically used as a bank branch. The ground floor provides approximately 7,278 rentable square feet and includes an attached drive-thru. The site covers approximately 1.39 acres and includes additional space on the second floor and in the basement. The property has approximately 59 parking spaces and is located on Merritts Road, where it is positioned to receive approximately 17,847 vehicles per day. The building configuration supports…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$185k
Tax billed · 2023
Assessed value$31k
Assessed land$15k
Assessed improvement$17k
Effective rate587.63%

Value estimate

· Oct 2026
$245k
$221k – $270k
AI approach$270k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$803/SF
County average, outlier-cleaned · 109 recorded sales of this use type
Observed band · Q1–Q3$378 – $1,467

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility17.0
Law Firm16.1
Clothing Store14.3

Location

195 Merritts Rd Farmingdale, NY 11735-3256
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
253 Main, Farmingdale, NY 11735-2673 $1,200,000 Jan 2024 2,510 SF
566 Fulton, Farmingdale, NY 11735-3667 $2,300,000 Jan 2023 1,740 SF
414 Conklin, Farmingdale, NY 11735-2613 $850,000 Jul 2022 1,344 SF
35 Allen, Farmingdale, NY 11735-5611 $825,000 May 2022 3,000 SF
826 Conklin, Farmingdale, NY 11735-2442 $820,000 Mar 2020 4,317 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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