Plainedge, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Plainedge, New York Market population: 9K. Compare commercial properties across all major asset classes...

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📊 Average Cap Rate For Plainedge 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 Plainedge NY Properties: 2.2500%

⭐ 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

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Investor Questions For Plainedge NY

Common questions from investors exploring commercial real estate in Plainedge NY.

What's the overall investment potential of Plainedge, NY? +

With a median household income of $102,136 and a low poverty rate of 3.6%, Plainedge, NY, offers a stable investment market, further strengthened by its high health insurance coverage of 97.0% and relatively short average commute time of 35.2 minutes, indicating a reliable and healthy workforce.

How does the ethnic diversity and industry mix impact the real estate market in Plainedge? +

The diverse ethnic landscape, led by White (44.8%) and White Non-Hispanic (41.5%) populations, alongside a significant Hispanic (5.6%) presence, contributes to a vibrant community, while top industries like Information, Public Administration, and Manufacturing drive economic stability, suggesting a robust demand for housing.

What are the key factors indicating market stability for real estate investments in Plainedge? +

The combination of a high homeownership rate of 91.3%, low poverty rate of 3.6%, and excellent health insurance coverage of 97.0% points to a stable market, where residents are likely to invest in their homes and communities, reducing the risk for investors.

How do commute times and methods affect the attractiveness of Plainedge for renters and investors? +

Plainedge's average commute time of 35.2 minutes, with a mix of drive-alone, public transit, and work-from-home options, suggests a flexible and manageable commute, enhancing the area's appeal to potential renters and, by extension, to real estate investors looking for stable rental income.

What insights can be gleaned from the income inequality and employment data for real estate investment strategies? +

The GINI coefficient of 0.31 indicates relatively low income inequality, combined with an employed population of 4,592 and a median household income of $102,136, suggesting a strong and stable workforce, which is conducive to a healthy real estate market with potential for long-term appreciation and reliable rental yields.

Plainedge NY Real Estate & City Facts

Key facts and real estate information about Plainedge NY.

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

Some of the best neighborhoods to live in Plainedge include the area around Plainedge Park, which is known for its good schools and community spirit. Other neighborhoods, such as those near the Bethpage Bikeway, offer a mix of quiet, family-friendly streets and easy access to outdoor recreation. Additionally, areas like Massapequa and Wantagh are also considered nice places to live, with a range of housing options and local amenities.

What are some fun things to do in Plainedge? +

There are plenty of fun things to do in Plainedge, including visiting the Bethpage Bikeway, a 13.4-mile paved path that's perfect for cycling or walking. You could also check out the Massapequa Reservoir, or head to Jones Beach for some sun, sand, and surf. For families, the Long Island Children's Museum and Adventureland are great options, while foodies might enjoy the Farmingdale Spring Festival or a visit to one of the local restaurants, like 317 Main Street or Vespa Italian Kitchen & Bar.

What is the food scene like in Plainedge? +

The food scene in Plainedge is diverse and exciting, with a range of restaurants serving everything from Italian cuisine at Vespa Italian Kitchen & Bar, to seafood at Popei's Clam Bar & Seafood Restaurant. There are also plenty of great food trucks and casual eateries, like the Green Tea Cafe, which serves up delicious Chinese food. Whether you're in the mood for something fancy or just a quick bite, you'll find plenty of options to suit your taste and budget in Plainedge.

What are the pros and cons of living in Plainedge? +

One of the pros of living in Plainedge is its quiet, family-friendly atmosphere, with good schools and a strong sense of community. The area also offers easy access to outdoor recreation, with plenty of parks and green spaces to enjoy. However, some people might find the area a bit too suburban, with limited nightlife or entertainment options. Additionally, traffic in the area can be heavy at times, particularly during rush hour. Overall, though, Plainedge is a great choice for families or anyone looking for a relaxed, small-town feel.

Is Plainedge a good place to live? +

Plainedge is a great place to live, offering a unique blend of small-town charm and easy access to bigger cities and amenities. With its good schools, family-friendly atmosphere, and range of outdoor recreation opportunities, it's an ideal choice for families or anyone looking for a relaxed, peaceful place to call home. While it may not be the best fit for everyone, particularly those looking for a more urban lifestyle, Plainedge is definitely worth considering for anyone looking for a quiet, suburban community with a strong sense of community and plenty of local amenities.

Plainedge, NY Commercial Investment Properties for Sale

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

📊 Average Cap Rate For Plainedge NY Properties: 6.86%

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

📊 Avg Property Tax Rate For Plainedge NY Properties: 2.2500%

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

Investor Questions For Plainedge NY

Plainedge NY Real Estate & City Facts

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