38 Wall Street, Farmingdale, NY, 11735
About This Home
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.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Actual
- Year built: 1965
Notable Dates
- Major remodel year: 2015
Type & Style
- Home type: MultiFamily
- Architectural style: Post Modern
- Property subType: Triplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Features
- Eat-in Kitchen,Granite Counters
- Flooring: Wood
- Number of fireplaces: 2
- Fireplace: Yes
Heating & Cooling
- Heating features: Has Heating (Unspecified Type)
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 3,684
- Total interior livable area: 3,684 sqft
Property
Details
- Parcel number: 0100047000100055000
- Special condition: None
Features
- Private pool: Yes
- Pool features: In Ground,Pool Cover,Vinyl
- Exterior features: Basketball Court,Courtyard,Playground
- Has spa: Yes
- Fencing: Back Yard,Fenced,Full,Perimeter
Lot
- Lot size: 0.64 Acres
- Features: Back Yard,Cleared,Landscaped,Level,Near Golf Course,Near Public Transit,Private,Sprinklers In Front,Sprinklers In Rear,Subdivided
- Lot size dimensions: Shy 3/4 acres-Can be Subdivided
Parking
- Total spaces: 8
- Parking features: Driveway,Garage,On Street,Private
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Earthquake
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Suffolk County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,952 | $83,424 |
| Home Insurance * | $403 | $4,836 |
| Property Taxes | $1,856 | $22,272 |
| Electricity | $608 | $7,305 |
| Total | $9,819 | $117,828 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $1,395,000 |
| 2024-12-04 | Sold | $900,000 |
| 2023-07-24 | Pending sale | $1,250,000 |
| 2023-05-31 | Listed for sale | $1,250,000 |
| 2015-02-17 | Listing removed | $1,895 |
| 2015-02-11 | Listed for rent | $1,895 |
| 2012-04-13 | Sold | $112,300 |
| 1995-12-22 | Sold | $215,000 |
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