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Property profile

848 Main St Farmingdale, NY 11735

FOR SALE
Other investment properties
Property ID
US63-0243155
1,944 SF 0.24 ac lot Built 1956
Last sale Oct 2015 · $440,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A free-standing mixed-use building situated in Farmingdale on a corner site, providing a 10,500 sq ft lot and an additional 640 sq ft garage-like structure with electricity for extra storage. The main building is approximately 1,944 sq ft and includes updates such as a walk-up window, split heating and air conditioning units, LED lighting, an updated 400-amp electrical service, two updated half bathrooms, and three office spaces. The property includes a storefront fronting Main Street and a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$3k
Assessed land$3k
Assessed improvement$682
Effective rate680.40%

Value estimate

· Oct 2026
$705k
$635k – $776k
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$3k
Operating expenses−$16k
NOI · 3.85% cap applied$38k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$647/SF
County average, outlier-cleaned · 604 recorded sales of this use type
Observed band · Q1–Q3$302 – $1,068
Qualifying comparables9

Cap rate analysis

How does the asset earn?
3.85%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.4
Hair Salon11.9
Spa & Massage11.2

Location

848 Main St Farmingdale, NY 11735
County assessor Recorded deeds · 6 transfers 9 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
960 Fulton, Farmingdale, NY 11735-4272 $575,000 Dec 2024 1,000 SF
621 Fulton, Farmingdale, NY 11735-3427 $1,000,000 Nov 2024 1,788 SF
970 Fulton, Farmingdale, NY 11735-4208 $1,100,000 Apr 2022 1,060 SF
392 Conklin, Farmingdale, NY 11735-2613 $800,000 Jan 2021 3,070 SF
718 Main, Farmingdale, NY 11735-4133 $120,000 Oct 2019 1,712 SF
5002 Hempstead, Farmingdale, NY 11735-2022 $1,150,000 Oct 2019 1,605 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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