5001 HempsteadFarmingdale, NY 11735

  • Drive through restaurants
  • 3,035 SF
Off market
$15,529,140 Estimated

Property Details for 5001 Hempstead

Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.55 AC
Property size (Sq ft)
3,035 SF
Property type
Drive through restaurants
APN
49-249-00-0046
APU
49249000046

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $737,611
    6.5%
    $680,872
    7%
    $632,238
  • Comparable approach

    Method
    Valuation
    Relative Method
    $999,314
    Geo Method
    $999,314
  • Alternative Use

    Use
    Valuation
    Residential
    $574,341
    Hospitality
    $526,093
    Educational
    $437,703
    Medical
    $452,756
    Retail
    $680,872
5001 Hempstead, Farmingdale, New York

Location Insight

City
Farmingdale
County
Nassau
State
New York
Latitude
40.7297
Longitude
-73.4641
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$98,049
$13,546
$1,323
$14,869
-
-
-
$1,486,900

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