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Entity Owned Property summary
This exceptional investment opportunity presents a prime 3.73-acre parcel in Farmingdale, NY, zoned R-3M, approved for a two, three-story apartment building development. The site plan is already approved, allowing for the construction of a 54-unit complex, comprising 32 two-bedroom units and 22 one-bedroom units. The property boasts ample parking with 135 spaces available. Convenient sewer connection is readily accessible. Situated in Suffolk County, conveniently located in the towns of… Huntington and Babylon, this development benefits from a strategic location. Adding to the property's appeal is a 1,938 square foot community center, enhancing the living experience for future residents. This development presents a unique opportunity to capitalize on the strong demand for multifamily housing in this thriving Long Island community. The property's size and zoning provide significant flexibility for a developer seeking to create a high-quality residential community. The approved site plan streamlines the development process, minimizing delays and maximizing return on investment. With its excellent location, ample parking, and community amenities, this property is poised for immediate development and strong rental income potential. The address is 1990 New Hwy, Farmingdale, NY 11735.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 24,592 SF
- Lot area
- 1.4 ac
- Year built
- 1978
- APN
- 0100-002.00-01.00-011.004
- Zoning
- GA
- Assessed value · 2023
- $19,630
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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