Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    36 Farmstead Ln Glen Head, NY 11545
    Back to Search
    Property profile & analytics

    36 Farmstead Ln Glen Head, NY 11545

    View on Map
    • Commercial real estate
    • 4,450 SF
    • 2.30 lot acres
    Off-Market
    Property ID
    US63-6240193
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 36 Farmstead Ln

    Lot size
    2.30 lot acres
    Property size
    4,450 SF
    Property type
    Commercial real estate

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Glen Head
    County
    Nassau
    State
    New York
    Longitude
    -73.5738689
    Latitude
    40.8102049

    Comparable in this City

    • New
      $710,000
      0.13 Acres

      Glen Head Two-Family Fixer-Upper

      Two-family fixer-upper in Glen Head, sold as-is.
      2 Huron St, Glen Head, NY 11545
      View Details
    • $4,100,000

      Land Available on Cedar Swamp

      Land for sale on Cedar Swamp Road, Old Brookville, NY
      559 Cedar Swamp Rd, Old Brookville, NY 11545
      View Details
    • $1,700,000
      2.97 Acres

      Old Brookville Land Parcel

      Almost 3-acre land parcel in gated community, Old Brookville.
      12 Hickory Dr, Old Brookville, NY 11545
      View Details
    • $3,800,000
      7.09 Acres

      Residential Land in Old Brookville

      7.09 acres of residential land, builder's opportunity in Old Brookville.
      559 Cedar Swamp Rd, Old Brookville, NY 11545
      View Details
    • $12,000,000
      7.70 Acres

      Approved Residential Development Opportunity

      7.7-acre shovel-ready residential development site in Glen Head, NY.
      Private Ln, Glen Head, NY 11545
      View Details
    • New
      $2,485,000
      Pending

      Old Brookville Land Parcel

      3-acre land parcel in a new gated community.
      166 Hegemans Ln, Old Brookville, NY 11545
      View Details

    Similar Nearby for Sale

    • New
      $710,000
      0.13 Acres

      Glen Head Two-Family Fixer-Upper

      Two-family fixer-upper in Glen Head, sold as-is.
      2 Huron St, Glen Head, NY 11545
      View Details
    • $4,100,000

      Land Available on Cedar Swamp

      Land for sale on Cedar Swamp Road, Old Brookville, NY
      559 Cedar Swamp Rd, Old Brookville, NY 11545
      View Details
    • $1,700,000
      2.97 Acres

      Old Brookville Land Parcel

      Almost 3-acre land parcel in gated community, Old Brookville.
      12 Hickory Dr, Old Brookville, NY 11545
      View Details
    • $3,800,000
      7.09 Acres

      Residential Land in Old Brookville

      7.09 acres of residential land, builder's opportunity in Old Brookville.
      559 Cedar Swamp Rd, Old Brookville, NY 11545
      View Details
    • $12,000,000
      7.70 Acres

      Approved Residential Development Opportunity

      7.7-acre shovel-ready residential development site in Glen Head, NY.
      Private Ln, Glen Head, NY 11545
      View Details
    • New
      $2,485,000
      Pending

      Old Brookville Land Parcel

      3-acre land parcel in a new gated community.
      166 Hegemans Ln, Old Brookville, NY 11545
      View Details

    Similar Nearby for Lease

    • $4,480 /Mo

      Retail Space in Glen Head

      Newly completed retail space for lease in Glen Head, NY.
      33 Glen Head Rd, Glen Head, NY 11545
      View Details
    • $2,550 /Mo

      Glen Head Retail/Office Space

      Retail or office space in prime Glen Head location.
      723 Glen Cove Avenue Ext, Glen Head, NY 11545
      View Details
    • $2.00 SF/Yr

      Glen Head Professional Office Space

      Private office space in Glen Head near transportation and amenities.
      1009 Glen Cove Ave, Glen Head, NY 11545
      View Details
    • $3,425 /Mo

      Retail Space in Glen Head

      Newly completed retail space for lease in Glen Head.
      39 Glen Head Rd, Glen Head, NY 11545
      View Details
    • $2,398 /Mo
      8,995 SF

      Glen Head Office For Rent

      Customizable office space ideal for medical or professional use.
      40 Railroad Ave, Glen Head, NY 11545
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    36 Farmstead Ln
    Glen Head, NY 11545
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    36 Farmstead Ln, Glen Head, NY, 11545
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!