17 Conklin StFarmingdale, NY 11735

Property Details for 17 Conklin St

Year built

1989

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.36 AC

Property size (Sq ft)

1,785 SF

Property type

Office buildings

APN

49-298-00-0095

APU

49298000095

Description

This 1,000-square-foot traditional office space in Farmingdale, NY, is ideally suited for a single tenant. Located at 17 Conklin Street, this versatile property is perfect for medical practices or other professional businesses. The suite includes four individual offices with access to shared first and second-floor waiting areas. A significant advantage is the large lower-level conference room, fully equipped with a 60-inch TV/computer screen, whiteboard, copier, refrigerator, and coffee machine. Suite 4 also boasts a dedicated private bathroom, and tenants have access to basement storage in designated areas. Building amenities are extensive and include a dedicated handicapped-accessible elevator connecting the first and second floors. The landlord provides tenant name placement on the street lawn sign and building directory. Individual climate control is ensured with a dedicated HVAC unit and tenant-controlled thermostat. The property is situated in Nassau County, New York, with the zip code 11735. This exceptional office space offers a blend of functionality, convenience, and modern amenities, making it an attractive option for discerning businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $378,149

  6.5%

  $349,061

  7%

  $324,128

• Comparable approach

  Method

  Valuation

  Relative Method

  $233,228

  Geo Method

  $233,228

• Alternative Use

  Use

  Valuation

  Residential

  $432,835

  Hospitality

  $396,475

  Educational

  $329,862

  Medical

  $341,207

  Retail

  $513,119

Location Insight

City

Farmingdale

County

Nassau

State

New York

Latitude

40.7318

Longitude

-73.4554

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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