111 Conklin St Farmingdale, NY 11735

This exceptional mixed-use investment opportunity in Farmingdale's desirable Incorporated Village presents two large, custom-built Colonial homes situated on a nearly one-acre lot (0.67 acres) measuring approximately 125 x 235 feet. The property, encompassing 105 and 111 Conklin Street, is being sold as a single package. Both buildings are currently configured as office spaces with apartments, offering immediate income potential. 105 Conklin Street, boasting 3,394 square feet, underwent a complete renovation in 2005, while 111 Conklin Street, featuring 4,102 square feet, was completely renovated in 2012. Combined, the properties offer 7,496 square feet of living space (excluding basements and garages), 28 rooms, 4 bedrooms, 4 full baths, and 5 half baths. Architectural drawings exist for a proposed development plan including 4,600 square feet of first-floor commercial or office space and 12 residential units on the second and third floors (four 2-bedroom, four 1-bedroom with study, and four 1-bedroom units). The zoning is R/O (Residential/Office), allowing for versatile use. Combined annual property taxes are $42,898.65 ($24,461.96 for 105 Conklin St and $18,436.69 for 111 Conklin St). This property's prime location offers easy access to town amenities, shopping, and the railroad. This is an unparalleled chance to acquire a substantial mixed-use property with significant development potential in a highly sought-after area.