634 E Broadway - Apartments FOR SALE


Long Beach, NY 11561
$1,499,999 USD
212-430-5196
634 E Broadway, Long Beach, NY for Sale
$1,499,999 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

634 E Broadway
Long Beach, NY 11561


HIGHLIGHTS

  • The subject property rests on a 0.10-acre parcel with approximately +/- 2,706 square feet.
  • The subject property consists of four (4) apartments and was recently renovated.
  • The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town.

OVERVIEW

Marcus and Millichap is pleased to present 634 E Broadway, a multifamily property located in Long Beach, NY. The subject property rests on a 0.10-acre parcel with approximately +/- 2,706 square feet. The subject property consists of four (4) apartments and was recently renovated. Situated in Long Beach, the property is close to the beach and new Super Block development. The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town, like restaurants, shops, and recreational activities. Tenants are responsible for their own electric and owner provides water/heat. On site parking and yard in the rear. The area demographics paint a picture of opportunity – over 51,000 people live within a three miles radius and an average household income over $141,000.

FOR SALE DETAILS

PRICE

$1,499,999 USD

PRICE/SF

$554 USD /SF

# OF UNITS

4

PRICE/UNIT

$375,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

-

APN/PARCEL ID

-

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.