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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


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.
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 | Apartment Style | Low-Rise |
| Price Per Unit | $172,291 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Sale Condition | Building in Shell Condition | Building Size | 5,350 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1938 |
| Property Subtype | Apartment | ||
| 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 | ||
| 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 |
1 1
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $402,285 CAD | |
| Land Assessment | $73,118 CAD | Total Assessment | $475,403 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$73,118 CAD
Improvements Assessment
$402,285 CAD
Total Assessment
$475,403 CAD
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113-02,06 FARMERS BLVD | 11302-06 Farmers Blvd
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