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East Farmingdale, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in East Farmingdale, New York Market population: 6K. Browse multifamily, office, retail, industrial, and mixed-use...

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📊 Average Cap Rate For East Farmingdale NY Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

Discover a compelling investment in Buffalo’s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Avg Property Tax Rate For East Farmingdale NY Properties: 37.6000%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000
Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%
NOI $107,842
Size 8,640 SF

Investor Questions For East Farmingdale NY

Common questions from investors exploring commercial real estate in East Farmingdale NY.

What's the overall investment potential of East Farmingdale, NY? +
With a median household income of $85,417 and a relatively low poverty rate of 5.8%, East Farmingdale presents a stable investment market, further supported by its high health insurance coverage of 93.2% and a diverse economy led by Wholesale Trade, Public Administration, and Information industries.
How does the local economy impact rental demand? +
The presence of top industries like Wholesale Trade, Public Administration, and Information, combined with a foreign-born rate of 24.5% and ethnic diversity including White, White Non-Hispanic, and Hispanic populations, suggests a robust and diverse rental market, potentially driven by a mix of local and immigrant workers.
What are the key factors influencing property values in East Farmingdale? +
The median property value of $390,700, alongside a median property tax of $1,466 and a homeownership rate of 66.0%, indicates a relatively stable and potentially appreciating housing market, which could be attractive for investors looking for long-term growth, especially considering the area's average commute time of 28.7 minutes and high health insurance coverage.
How does the commute and quality of life affect tenant stability? +
The average commute time of 28.7 minutes, with top commute methods including driving alone, working from home, and using public transit, suggests a convenient and flexible living environment, which, when combined with a high health insurance rate of 93.2%, points to a stable and healthy tenant base with good employment prospects.
What role does income inequality play in the investment landscape? +
With a GINI coefficient of 0.39, indicating a moderate level of income inequality, and a poverty rate of 5.8%, investors should consider targeting the working and middle class, potentially offering affordable yet quality housing options that cater to the diverse ethnic and employment backgrounds present in East Farmingdale, thereby tapping into the demand from its employed population of 3,405 and the broader economic stability provided by its top industries.

East Farmingdale NY Real Estate & City Facts

Key facts and real estate information about East Farmingdale NY.

What are some of the best neighborhoods to live in East Farmingdale? +
Some of the best neighborhoods to live in East Farmingdale include the southeast parts of the city, which tend to be more desired, and areas like Bohemia and Oakdale, which are known for their great environment and community spirit.
What are some fun things to do in East Farmingdale? +
There are plenty of fun things to do in East Farmingdale, such as visiting the American Airpower Museum, Adventureland Long Island, and Eisenhower Park. You can also explore the lively downtown area and enjoy the family-friendly attractions.
What is the food scene like in East Farmingdale? +
The food scene in East Farmingdale is vibrant and diverse, with a range of restaurants serving different cuisines. Some popular options include Harleys American Grille, Vico: Pasta e Pizza Napoletano, and Nunzi's. There are also plenty of great waterfront restaurants, such as The LakeHouse and Sandbar, that offer stunning views and delicious food.
What are the pros and cons of living in East Farmingdale? +
The pros of living in East Farmingdale include its clean environment, community spirit, and family-friendly atmosphere. However, some cons include the relatively high cost of living and the fact that it can be a bit crowded in certain areas. Overall, East Farmingdale is a great place to live for those who value a strong sense of community and a range of amenities.
Is East Farmingdale a good place to live? +
Yes, East Farmingdale is a good place to live, offering a unique blend of natural beauty, recreational opportunities, and community spirit. While it may have some drawbacks, the area's many advantages make it an attractive option for those looking to settle in a vibrant and diverse community.
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