44 1st Ave - Multi-Family FOR SALE


Kings Park, NY 11754
$999,999 USD
212-430-5196
44 1st Ave, Kings Park, NY for Sale
$999,999 USD
Multi-Family - FOR SALE
1/4
null | Request Cap Rate

44 1st Ave
Kings Park, NY 11754


HIGHLIGHTS

  • The subject property rests on a 1.00-acre parcel totaling approximately +/- 3,374 square feet of space.
  • This property consists of a two-family, a cottage, and a garage.
  • The subject property is ideally located near the Kings Park LIRR train station, local schools, parks, and an array of restaurants and businesses.

OVERVIEW

Marcus & Millichap is proud to present for sale 44 1st Avenue ("Subject property"), a multifamily property located in King Park, NY. The subject property rests on a 1.00-acre parcel totaling approximately +/- 3,374 square feet of space. This property consists of a two-family, a cottage, and a garage building. The subject property is ideally located near the Kings Park LIRR train station, local schools, parks, and an array of restaurants and businesses. The property is ideally located near numerous national retailers like Key Food, Verizon, 7-Eleven, Dunkin’ and much more. The area demographics paint a picture of opportunity – over 52,000 people live within a three-mile radius, and an average household income is well over $182,000. Additional information is available upon request.

FOR SALE DETAILS

PRICE

$999,999 USD

PRICE/SF

$296 USD /SF

# OF UNITS

2

PRICE/UNIT

$500,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

44 1st Ave, Kings Park

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1897

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

RM7

APN/PARCEL ID

0800-027-00-01-00-010-000

ASK ABOUT THIS PROPERTY

Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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