333 Beach 67th St - Apartments FOR SALE


Arverne, NY 11692
$4,500,000 USD
516-437-0900
333 Beach 67th St, Arverne, NY for Sale
$4,500,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

333 Beach 67th St
Arverne, NY 11692


OVERVIEW

Macedonia Senior Apartments is a single building located in Arverne, New York. The building standing at four stories high and totaling 17,600 square feet above ground. The property is an IRS Section 42 LIHTC and is income and rent restricted. The property is currently under "421A" Tax Exemption which runs through June 30th 2033. The buyer will need to achieve AG approval since the church has ownership in this project.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$256 USD /SF

# OF UNITS

26

PRICE/UNIT

$173,077

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Macedonia Senior Residence

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2005

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,448 SF

ZONING

R5

APN/PARCEL ID

15913-0074

ASK ABOUT THIS PROPERTY

Michael FloreyLTD Real EstateMore Info
516-437-0900

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Michael FloreyLTD Real EstateMore Info
516-437-0900

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