25,000 SF | Turnkey MultiFamily Property For Sale - Over 8% CAP25,000 SF | Turnkey MultiFamily Property For Sale - Over 8% CAP25,000 SF | Turnkey MultiFamily Property For Sale - Over 8% CAP25,000 SF | Turnkey MultiFamily Property For Sale - Over 8% CAP25,000 SF | Turnkey MultiFamily Property For Sale - Over 8% CAP25,000 SF | Turnkey MultiFamily Property For Sale - Over 8% CAP25,000 SF | Turnkey MultiFamily Property For Sale - Over 8% CAP25,000 SF | Turnkey MultiFamily Property For Sale - Over 8% CAP25,000 SF | Turnkey MultiFamily Property For Sale - Over 8% CAP25,000 SF | Turnkey MultiFamily Property For Sale - Over 8% CAP

For Sale

25,000 SF | Turnkey MultiFamily Property For Sale - Over 8% CAP

2-23 Beach 101st Street, Far Rockaway, NY 11694

Multifamily

Property Type

Far Rockaway

Neighborhood

$7,750,000

Price

Executive Summary

Turnkey MultiFamily Property For Sale - Over 8% CAP


Highlights

  • 32 Unit Brick Building Built in 2012 with Parking

  • Fully Occupied

  • Turnkey

  • Total Residential Units: 32

  • Occupancy Rate: 100%

  • Multiple Tenancy

  • Delivered: As Is

  • Current CAP: 8.6%


Map


Location

Located in the Far Rockaway neighborhood of Queens between Beach Channel Dr & Rockaway Beach Blvd near the Beach 98th St subway station.

Nearest Transit: S & A trains at Beach 98th St and the Q53-SBS, Q11, Q35, QM16, RES, QM17, QM15, & Q52-SBS bus lines.

Nearby tenants include Walgreens Photo, Rockaway Beach Golf Club, Burn Fitness, Beachside Pharmacy, Brisas Del Mar, Deli Grill, The Madelaine Chocolate Company, Rockaway Beach Pickleball, Bay Towers Apartments, The Scholars Academy, Dayton Towers West, The Rockaway Hotel, Corp Construction Corporation, and more!

Interested in this property?

Get in touch with our team.

Shlomi Bagdadi

Shlomi Bagdadi

Founder & CEO

212.433.3355 x101sb@tristatecr.com
Jack Sardar

Jack Sardar

Vice President of Sales

212.433.3355 x106jack.s@tristatecr.com