GregoryJaime
Gregory Jaime
Call: (cell) (516) 928-1070
Text: (516) 928-1070
MLS#995147
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLFarmingdale
Property Description
Legal 3-family residence set on a 3/4-acre flat property with subdivision potential. The property features four separate living areas, including two 2-bedroom units and two 1-bedroom units, along with an additional finished living area featuring its own private entrance, kitchen, living room, and new flooring, offering flexibility for extended living or potential additional use with proper permits. All living areas have separate entrances. Features include gas heat with 2 zones, three separate hot water tanks, and a full unfinished basement. The exterior offers a 20x40 heated in-ground vinyl pool, outdoor jacuzzi, basketball court, and detached 2-car garage, along with a 9-zone in-ground sprinkler system. Conveniently located near shopping, major parkways, and local amenities. Ideal for investors or owner-occupants seeking a property with strong income-producing potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Wall/Window Unit(s)
Fenced: Yes
Fireplaces: 2
Garage: 2
Heating: Natural Gas
Home Style: Post Modern
Lot Size: 0.64 Acres
Taxes: $21,548
Year Built: 1965
Amenities
Eat-in Kitchen
Granite Counters
Basketball Court
Courtyard
Playground
Feature Descriptions
Building Area Total: 3684
Cap Rate: 11788
Days on Site: 44
Exterior: Frame
Fencing: Back Yard, Fenced, Full, Perimeter
Fireplace Y/N: Yes
Flooring: Wood
GarageY/N: Yes
Heating Zones: 3
Lot Dimensions: Shy 3/4 acres-Can be Subdivided
Lot Features: Back Yard, Cleared, Landscaped, Level, Near Golf Course, Near Public Transit, Private, Sprinklers In Front, Sprinklers In Rear, Subdivided
On Market Date: 2026-05-06
Parcel Number: 0100-047-00-01-00-055-000
Parking Features: Common, Driveway, Garage, On Street, Private
Parking Total: 8
Pool Features: In Ground, Pool Cover, Vinyl
Rental Term: Monthly
Sewer: Public Sewer
Spa Y/N: Yes
Swimming Pool: Yes
Units: 4
Utilities: See Remarks
Water: Public
Local Schools
High School: Farmingdale Senior High School
Middle School: Howitt School
Elementary School: Northside Elementary School
School District: Farmingdale
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Estimated Payment
$ 5,307.21 per month $3,104.67 Principal & Interest $1,795.67 Property Tax $406.88 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: BERKSHIRE HATHAWAY
Agency Contact: 631-514-4960
Shown By
Agent Name: Gregory Jaime
Agent Phone: Cell: (516) 928-1070
Agency Title: Laffey Real Estate
38 Wall Street | MLS# 995147
This multi-family property located at 38 Wall Street, Farmingdale, NY 11735 is currently listed for sale with an asking price of $1,395,000. Wall Street is located within the Farmingdale school district. Search Farmingdale real estate on gregoryjaime.laffey.com today.