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Macedonia Senior Residence 333 Beach 67th St 26 Unit Apartment Building $3,900,000 ($150,000/Unit) Arverne, NY 11692

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EXECUTIVE SUMMARY

Macedonia Senior Apartments is a single building located in Arverne, New York. The building standing at four stories high and totaling 17,600 square feet above ground. The property is an IRS Section 42 LIHTC and is income and rent restricted. The property is currently under "421A" Tax Exemption which runs through June 30th 2033.
The buyer will need to receive AG approval since the church has ownership in this project.

PROPERTY FACTS

Price $3,900,000
Price Per Unit $150,000
Sale Type Investment
No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.22 AC
Building Size 17,600 SF
No. Stories 4
Year Built 2005
Parking Ratio 1.14/1,000 SF
Zoning R5 - Medium density district with a height limit of 40 feet

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Wheelchair Accessible (Rooms)

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 26 - -
Walk Score®
Very Walkable (80)
Transit Score®
Excellent Transit (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 35276103

  • Date on Market: 3/27/2025

  • Last Updated:

  • Address: 333 Beach 67th St, Arverne, NY 11692

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