Luz Ramirez
Call: (516) 787-5115
Text: (516) 787-5115
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 one 2-bedroom unit and two 1-bedroom units, along with an additional finished living area featuring its own private entrance, kitchen, living room, 2 bedrooms, 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 3 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
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: Luz Ramirez
Agent Phone: (516) 787-5115
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 luzramirez.laffey.com today.