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113-02,06 FARMERS BLVD 11302-06 Farmers Blvd 12 Unit Apartment Building $2,067,494 CAD ($172,291 CAD/Unit) Saint Albans, NY 11412

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EXECUTIVE SUMMARY

READY FOR FULL RENO.
St. Albans is rapidly emerging as an attractive neighborhood for real estate investment, offering promising opportunities for significant returns.
The PPSF in St. Albans is slightly lower than the Queens average, indicating that properties are more affordable here compared to the broader borough. Making it a key attraction for both investors and residents looking for value.
The Jamaica NOW Action Plan, a $153 million initiative, is aimed at revitalizing the area with infrastructure improvements, economic development, and community services, which can drive future appreciation.
St. Albans is experiencing a wave of new development which typically leads to increased property values. Investing early in such neighborhoods can result in substantial appreciation over time.
Located just 2 miles from JFK International Airport, St. Albans is highly accessible for frequent travelers and airport employees, enhancing its desirability and future value growth.
The neighborhood is well-served by the Long Island Rail Road (LIRR) with its own station, providing direct and efficient access to Manhattan (25 minutes to Penn Station) and other parts of NYC.
Future Growth: The ongoing development coupled with the neighborhood’s strategic location near JFK and many convenient transportation options, position St. Albans for significant appreciation in property value.

PROPERTY FACTS

Price $2,067,494 CAD
Price Per Unit $172,291 CAD
Sale Type Investment
Sale Condition Building in Shell Condition
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 5,350 SF
No. Stories 2
Year Built 1938
Zoning R5B, C1-3 - R5B is a medium-density residential zoning district allowing for a variety of housing types, C1-3 is a neighborhood commercial district permitting re

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 12 - 600 - 1,200
Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 10442-0029
  • 10442-0021
Land Assessment
$73,118 CAD
Improvements Assessment
$402,285 CAD
Total Assessment
$475,403 CAD
  • Listing ID: 32031842

  • Date on Market: 2024-06-05

  • Last Updated:

  • Address: 11302-06 Farmers Blvd, Saint Albans, NY 11412

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