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319 Beach 44Th St
Far Rockaway, NY 11691
Arverne · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 4,648 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2018 |
| Building Class | C | Parking Ratio | 0.43/1,000 SF |
| Zoning | R4 - districts allow all types of housing at a slightly higher density than permitted in R3-2 districts | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 4,648 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1960/2018 |
| Parking Ratio | 0.43/1,000 SF |
| Zoning | R4 - districts allow all types of housing at a slightly higher density than permitted in R3-2 districts |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Smoke Free
- Walk-Up
- Smoke Detector
ABOUT 319 BEACH 44TH ST , FAR ROCKAWAY, NY 11691
6 Units total . Two totally renovated 3 family detached buildings on one Tax lot . Each building consists of Two 3 br apartments and one 2 bedroom apartment. Each apartment has their own utilities. " Electric, gas heat, and gas hot water. Hardwood floors throughout, tiled baths and kitchens, new windows, and new appliances. Buildings have Certificates of occupancy Total projected rent roll is : $129,600 less expenses of 19,000 for a Net Operating income of $110,600 annually Cap Rate .079 This corner property is walking distance to the beach and the elevated train which goes to Manhattan. The waterfront is undergoing 1 billion in new developments. The Arverne East Project is set to commence any day.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 4 | $1,950 | 850 |
| 2+1 | 2 | $1,500 | 850 |
PROPERTY TAXES
| Parcel Number | 15836-0013 | Improvements Assessment | $99,075 |
| Land Assessment | $29,812 | Total Assessment | $128,887 |
PROPERTY TAXES
