For Sale
$5,750,000

123 Smith St Farmingdale, NY 11735

Prime 3.73-acre development site, 135 parking spaces.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 3.73-acre commercial land parcel in Farmingdale, NY, presents a remarkable investment opportunity. Located in Suffolk County, at 123 Smith Street, zip code 11735, this property boasts R-3M zoning, already approved for a substantial development project. The site plan includes the construction of a three-story apartment building encompassing 54 units – a mix of 32 two-bedroom and 22 one-bedroom apartments. Ample parking is provided with 135 spaces available. Furthermore, sewer connection is readily accessible. The property's strategic location straddles the towns of Huntington and Babylon, offering convenient access to various amenities and transportation routes. An existing 1,938 square foot community center is also included. This property is being offered at $5,750,000 and represents a unique chance to capitalize on the strong demand for residential units in this thriving area. All necessary approvals and site plans are in place, streamlining the development process. Don't miss this chance to acquire a ready-to-develop site with significant potential for high returns.

Highlights

  • Three-story apartment building with 54 units.
  • 3.73-acre parcel.
  • 54 total units: 32 two-bedroom units and 22 one-bedroom units.
  • Approved site plan with R-3M zoning.
  • Sewer connection available.
  • Huntington/Babylon location.

Property Details for 123 Smith St

Property type
Land
Lot Size (sq. ft)
162,479 SF

Location Insight

City
Farmingdale
County
Suffolk
State
New York
Latitude
40.7554511
Longitude
-73.4169922
123 Smith St, Farmingdale, New York

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FAQs

What type of property is this?
Land - Prime 3.73-acre development site, 135 parking spaces.
Where is the land located?
The property is located at 123 Smith St Farmingdale, NY.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Three-story apartment building with 54 units.; 3.73-acre parcel.; 54 total units: 32 two-bedroom units and 22 one-bedroom units.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Tommy Rosati
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Smith St
Farmingdale, NY 11735

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Smith St
Farmingdale, NY 11735

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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123 Smith St
  • Tommy Rosati
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