Wantagh, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Wantagh, New York Market population: 19K. Compare commercial properties across all major asset classes...

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📊 Average Cap Rate For Wantagh 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 Wantagh NY Properties: 2.4700%

⭐ 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 Wantagh NY

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

What is the overall investment potential of Wantagh, NY? +

The combination of a high median household income of $125,257, low poverty rate of 2.8%, and excellent health insurance coverage of 98.5% suggests a stable and attractive market for real estate investment, with a strong potential for rental income and property appreciation.

How does the demographic makeup of Wantagh impact its real estate market? +

The predominantly White population with a significant presence of White Non-Hispanic and Hispanic communities, along with a median age of 43.3, indicates a diverse and established neighborhood, which can contribute to a stable demand for housing, driven by the top industries of Finance & Insurance, and Public Administration.

What are the key factors influencing the quality of life in Wantagh, and how do they affect real estate investment? +

The average commute time of 31.2 minutes, with a preference for driving alone and using public transit, along with a high health insurance coverage rate of 98.5%, suggests a good quality of life, which can attract and retain residents, thereby supporting the local real estate market and contributing to its stability and potential for long-term growth.

How does the economic profile of Wantagh, including its industries and income inequality, impact its real estate market? +

The strong presence of Finance & Insurance, and Real Estate & Rental & Leasing industries, combined with a relatively low GINI coefficient of 0.399, indicating moderate income inequality, and a high median household income of $125,257, suggests a robust and diverse economy, which can drive demand for housing and support real estate investment, particularly in the rental and leasing sectors.

What are the implications of Wantagh's housing market characteristics, such as homeownership rate and property values, for real estate investors? +

The high homeownership rate of 95.0% and median property value of $469,700, coupled with a low poverty rate of 2.8% and high health insurance coverage of 98.5%, indicate a stable and desirable housing market, which may offer opportunities for real estate investors to capitalize on the demand for housing, particularly in the rental market, and benefit from potential long-term property appreciation.

Wantagh NY Real Estate & City Facts

Key facts and real estate information about Wantagh NY.

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

Some of the best neighborhoods to live in Wantagh include those near Jones Beach State Park, Wantagh Park, and the Wantagh Station. These areas offer a range of housing options, from single-family homes to apartments, and are close to local amenities and transportation links.

What are some fun things to do in Wantagh? +

There are plenty of fun things to do in Wantagh, including visiting Jones Beach State Park, exploring the Jones Beach Boardwalk, and attending events at the Northwell Health At Jones Beach Theater. You can also check out the Wantagh Park, Twin Lakes Preserve, and Cedar Creek Park for outdoor activities.

What is the food scene like in Wantagh? +

The food scene in Wantagh is diverse and offers a range of options, from Italian restaurants like Verona Ristorante and Umberto's, to seafood restaurants like New Wave Seafood, and American bistros like Snaps American Bistro. There are also plenty of great food trucks and casual eateries, like The Coop Nashville Kitchen Bar & Lounge and Cibo Pasta Bar.

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

The pros of living in Wantagh include its beautiful beaches, outdoor recreational opportunities, and convenient transportation links to New York City. However, some cons include the potential for crowded beaches and traffic during peak season, as well as the relatively high cost of living in the area. Additionally, some residents may find the area to be a bit suburban and lacking in nightlife options.

Is Wantagh a good place to live? +

Overall, Wantagh is a great place to live for those who value a suburban lifestyle with easy access to outdoor recreational opportunities and convenient transportation links to New York City. While it may not be the best fit for everyone, particularly those looking for a more urban lifestyle, it offers a unique blend of natural beauty, community amenities, and convenience that makes it an attractive option for many people.