121 School Rd
Elmont, NY 11003
Multifamily Property For Sale
·
7 Units
Investment Highlights
- Renovated in 2015
- High demand rental market
- Healthy rents
Property Facts
| No. Units | 7 | Building Size | 5,597 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1923 |
| Building Class | C | Parking Ratio | 1.78/1,000 SF |
| Lot Size | 0.14 AC |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,597 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1923 |
| Parking Ratio | 1.78/1,000 SF |
About 121 SCHOOL RD , ELMONT, NY 11003
Marcus & Millichap is pleased to present 121-125 School Road, a mixed use property located in Elmont, New York. There are three separate building on a 0.14-Acre parcel which consists of Legal 5 family, approx 600 sqft office space, and 2-car garage approx 1,200 sqft. The apartment building was recently renovated in 2015 with 2 two-bedroom units and 3 three-bedroom units. Laundry room in the basement. There is on site parking in the rear and street. It is conveniently located near the LIRR Train Station, Cross Island Parkway, and Route 24; providing tenants the ability to travel throughout Long Island and the Five Boroughs. The property is nearby the new Belmont Arena Development which will bring a hotel, hockey arena, retail shopping, and a full service LIRR Station to the area. Taxes are being grieved. Additional information available upon request.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+1 | 3 | - | - |
Property Taxes
| Parcel Number | 2089-32-443-00-0042-0 | Improvements Assessment | $3,359 |
| Land Assessment | $2,099 | Total Assessment | $5,458 |
Property Taxes
