Property profile

39 Old Monticello Rd Ferndale, NY 12734

OFF-MARKET
Office buildings
Property ID
US63-1348649
10,400 SF 5.96 ac lot Built 1992
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1992
Total area 10,400 SF
Lot 5.96 ac (259,618 SF)
Zoning code R2
APN 483689 30.-1-70
UPID US63-1348649

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Physician
  • Medical Clinic
  • Physician

Location

39 Old Monticello Rd Ferndale, NY 12734-5224
Ferndale metro Census 950500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$735k
CAP Approach CAP
by Request
Comparable Approach Comparable
$493k
Blend (final) Blend
$755k

Owner & transaction history

since 2021
Last sale
$840,000
1 recorded transaction
2021
$840,000

Zoning & alternative use

R2 · Ferndale, NY
Top alternative use upside
Restaurant $1.1M +38.1%
Auto repair, garage $930,000 +22.1%
Commercial (general) $825,000 +8.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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