1260 Central Ave - Apartments FOR SALE


Far Rockaway, NY 11691
$1,500,000 USD
516-639-0021
1260 Central Ave, Far Rockaway, NY for Sale
$1,500,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

1260 Central Ave
Far Rockaway, NY 11691


OVERVIEW

Property is located in a Prime area of Far Rockaway on Central Avenue and is currently an existing large 3 family home with 4 garages and is Zoned for R5 for up to 20 Units. Lot Size: 65' x 143. with a FAR of 1.5. Price is Negotiable. Lot features dual access from Central Avenue through to and Augustina Ave providing excellent access and parking advantages. Property can be delivered vacant. Nearby are schools a new Library and great access to Subways, Bus Serve and LIRR. Excellent Shopping and other Services

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$573 USD /SF

# OF UNITS

3

PRICE/UNIT

$500,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime 20 Units Development Site

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,250 SF

ZONING

R5

APN/PARCEL ID

15533-0034

ASK ABOUT THIS PROPERTY

Richard DillerCharles Rutenberg Realty, Inc.More Info
516-639-0021

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Richard DillerCharles Rutenberg Realty, Inc.More Info
516-639-0021

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.