Kings Park, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Kings Park, New York Market population: 18K. Compare commercial properties across all major asset...

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📊 Average Cap Rate For Kings Park NY Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000

Buffalo Multifamily

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

Cap Rate 7.56%

NOI $491,400

Size 65,000 SF

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📊 Avg Property Tax Rate For Kings Park NY Properties: 2.3600%

⭐ 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

Save

Investor Questions For Kings Park NY

Common questions from investors exploring commercial real estate in Kings Park NY.

What is the overall investment potential of Kings Park, NY? +

The combination of a high median household income of $95,098, low poverty rate of 3.6%, and strong health insurance coverage of 96.9% suggests a stable and attractive market for real estate investment, with a diverse economy driven by top industries like Finance & Insurance, and Real Estate & Rental & Leasing.

How does the commute time and transportation infrastructure impact the rental market? +

The average commute time of 31.9 minutes, with a significant portion of residents driving alone or working from home, indicates a relatively convenient and flexible transportation infrastructure, which, when combined with the high health insurance rate and low poverty rate, suggests a reliable and stable tenant base.

What role does ethnic diversity play in shaping the local real estate market? +

The ethnic diversity of Kings Park, with a population that is 47.0% White and 3.6% Hispanic, contributes to a vibrant and inclusive community, which, when paired with the top industries of Finance & Insurance, and Real Estate & Rental & Leasing, suggests a strong and resilient local economy with a high median property value of $420,900.

How does the income inequality and employment rate affect the housing market? +

The GINI coefficient of 0.398, indicating a moderate level of income inequality, combined with an employed population of 8,697 and a low poverty rate of 3.6%, suggests a relatively stable and secure housing market, with a high homeownership rate of 82.0% and median property taxes of $5,005.

What are the key factors that contribute to the quality of life in Kings Park, NY, and how do they impact real estate investment? +

The high health insurance coverage rate of 96.9%, average commute time of 31.9 minutes, and diverse top commute methods, including driving alone, working from home, and public transit, all contribute to a high quality of life in Kings Park, which, when combined with the strong economic indicators like median household income and top industries, makes it an attractive location for real estate investment.

Kings Park NY Real Estate & City Facts

Key facts and real estate information about Kings Park NY.

What are some of the best neighborhoods to live in Kings Park? +

Some of the best neighborhoods to live in Kings Park include the Kings Park Bluffs, which is known for its beautiful views and safe environment. Other desirable areas include the south parts of the city, while more affordable homes can be found in the northwest regions. Neighborhoods like the ones near Sunken Meadow State Park and the Nissequogue River State Park are also popular among residents.

What are some fun things to do in Kings Park? +

There are plenty of fun things to do in Kings Park, including visiting the Kings Park Heritage Museum, exploring the Mysterious Forest of Commack Road, and enjoying the beautiful views at the Kings Park Bluff. You can also visit the Sunken Meadow State Park, the Nissequogue River State Park, and the St. Johnland Cemetery. For some local flavor, check out the Del Vino Vineyards or grab a bite to eat at one of the many restaurants on Main Street, like Ciro's or Cafe Red.

What is the food scene like in Kings Park? +

The food scene in Kings Park is diverse and exciting, with a range of restaurants serving everything from Italian cuisine to American comfort food. Some popular spots include Ciro's Italian Restaurant, Cafe Red, and Relish, which offer a variety of dishes to suit every taste. There are also plenty of great food trucks and casual eateries, like Linda's Riverside Pizzeria & Cafe and The Green Gem, that are perfect for a quick bite or a night out with friends.

What are the pros and cons of living in Kings Park? +

One of the pros of living in Kings Park is its safe and family-friendly environment, with beautiful parks and a strong sense of community. The area is also known for its good schools and convenient location. However, some cons include the relatively high cost of living, with median house prices being quite expensive. Additionally, traffic can be a issue in some areas, especially during rush hour. Overall, Kings Park is a great place to live for those who value a peaceful and welcoming community.

Is Kings Park a good place to live? +

Yes, Kings Park is a good place to live, offering a unique blend of natural beauty, community spirit, and convenient amenities. While it may have some drawbacks, such as a high cost of living, the area's many advantages make it an attractive choice for families, professionals, and anyone looking for a peaceful and welcoming place to call home. With its beautiful parks, good schools, and range of recreational activities, Kings Park is a great option for those who want to escape the hustle and bustle of city life without sacrificing convenience and amenities.

Kings Park, NY Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

📊 Average Cap Rate For Kings Park NY Properties: 6.86%

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

📊 Avg Property Tax Rate For Kings Park NY Properties: 2.3600%

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

Investor Questions For Kings Park NY

Kings Park NY Real Estate & City Facts

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