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    Mixed-use properties

    38 Park Ave, Amityville, NY 11701

    0.43 ac lot Built 1900
    Property ID
    US63-1555254
    Property summary
    AI-generated overview

    This stunning 124-year-old Victorian-style home, located at 38 Park Ave in Amityville, NY, presents a unique investment opportunity. Currently configured as a two-family dwelling, each level boasts three bedrooms and one bathroom, offering a total of six bedrooms and two bathrooms. The property sits on a sizable 0.43-acre lot (approximately 18,711 square feet), providing ample space and significant potential for expansion. Its prime location offers convenient access to a variety of amenities, including nearby restaurants, shops, and dining establishments. The existing structure provides immediate rental income, while the generous lot size presents the exciting possibility of constructing additional rental units to further enhance the property's investment value. This potential for expansion is subject to all necessary approvals and permits. Prospective buyers are responsible for independently verifying all information related to the property's zoning, building codes, and development possibilities. The asking price for this exceptional mixed-use property is $1,750,000. This is a rare opportunity to acquire a substantial property with significant upside potential in a desirable location. Don't miss out on this chance to own a piece of Amityville history.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1900
    Lot 0.43 ac (18,731 SF)
    UPID US63-1555254
    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
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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