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    388 Broadhollow Rd Farmingdale, NY 11735-4807
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    Property profile & analytics

    388 Broadhollow Rd Farmingdale, NY 11735-4807


    • Manufacturing properties
    • 29,704 SF
    • 1.90 lot acres
    Off-Market
    Last Sale Aug 25, 2022
    Property ID
    US63-6087989
    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
    $4,545,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 388 Broadhollow Rd

    Year built
    1961
    Lot size
    1.90 lot acres
    Property size
    29,704 SF
    Zone code
    G
    Property type
    Manufacturing properties
    APN
    0100-094.00-01.00-077.003
    APU
    100094000100077003

    Description

    This exceptional 33,000-square-foot industrial warehouse, situated on a 2-acre lot in South Farmingdale, New York, presents a compelling investment opportunity. Located at 388 Broadhollow Rd, Farmingdale, NY 11735, the property boasts a main building of 2,900 square feet with impressive 14-foot ceilings, two drive-in doors, and a 1,000-square-foot office space. The property currently functions as a self-storage facility, featuring 33 additional units, each with its own drive-in door (35 total drive-in doors), offering significant potential for expansion or redevelopment. The wide drive-in doors (8 feet wide) are ideal for storing various items, including cars, jet skis, and small boats. While there is no current Certificate of Occupancy for the multi-tenant buildings, the property offers substantial potential. The property benefits from excellent visibility with 100 feet of frontage on Route 110 and convenient access to sewer lines. The asking price is $6,500,000, translating to $196.97 per square foot. This property is perfect for an investor seeking a high-return opportunity in a prime Suffolk County location. The existing infrastructure and layout provide a solid foundation for a variety of uses, from continued self-storage operations to a complete redevelopment project. The substantial lot size and prominent road frontage offer significant development potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,196,000
      Market price range: $6.03M - $8.81M
      AI Estimate
      $3,863,000
      Market price range: $2.13M - $7.34M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $7,510,000
      Current use
      WAREHOUSE, STORAGE
      $6,340,000
      Change: -16% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Farmingdale
    County
    Suffolk
    State
    New York
    Longitude
    -73.4276
    Latitude
    40.7174
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $6,780
    $15,280
    $22,060
    -
    $10,273
    $23,152
    $33,425
    More about this property
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