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    OFF-MARKET
    Commercial real estate

    36 Farmstead Ln, Glen Head, NY 11545

    4,450 SF 2.3 ac lot
    Property ID
    US63-6240193
    Property summary
    AI-generated overview

    This exceptional 2.3-acre property at 36 Farmstead Lane, Glen Head, NY, presents a unique opportunity to build a custom home in a highly desirable location. The existing structure, totaling 4,450 square feet, has been gutted, offering a blank canvas for your vision. The home features 12 rooms, 7 bedrooms, and 4.5 bathrooms, with new Marvin windows and doors already installed. The spacious layout includes a large slate patio and an open layout basement, ready for your personal design. The property boasts a recently installed 300-amp underground electrical service. Situated on a private cul-de-sac, this property offers unparalleled privacy and tranquility. Located in the prestigious Jericho school district, renowned as one of the best in New York, residents enjoy proximity to upscale amenities, including Brookville Country Club, Old Westbury Golf & Country Club, Old Westbury Gardens, Brookville Park, nearby beaches, and various shopping and dining options. The property is conveniently located approximately 25 miles from New York City, offering a blend of suburban serenity and urban accessibility. Annual property taxes are $30,493. The asking price is $1,880,000. Additional buildable square footage is estimated at approximately 2,500 square feet.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 4,450 SF
    Lot 2.3 ac (100,188 SF)
    UPID US63-6240193
    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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