11-30, 11-32, 11-34 McBride Street

9 Unit Apartment Building | $3,975,000 ($441,667/Unit) | 9% Cap Rate | Far Rockaway, NY 11691

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,975,000

Property Type
Multifamily
Square Feet
9,275 SF

Listing Contacts

Ronald Cohen
Ronald Cohen
Verified Profile
Anudeep Gosal
Anudeep Gosal
Verified Profile
  • Property Info

Property Overview

Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 11-30 McBride Street, Far Rockaway, NY 11691 (the “Property”) located in the Far Rockaway neighborhood of Queens.
Built in 2023, this new construction property consists of three 3-story semi-attached multifamily buildings built on 3 lots totaling 9,275± SF. There are 9 free market units consisting of (4) 4-bedroom, (4) 3-bedroom and (1) 2-bedroom. The property is zoned R5 and located within a qualifying opportunity zone. The property will be delivered vacant. A few blocks away from the Far Rockaway [A] subway station. Seller expects to obtain TCO by year-end 2023.

Property Details

Class
C
Year Built
2023
Stories
3
Lot Size (sq. ft)
8,712 SF
Units
9

Highlights

  • Built in 2023
  • Three 3-story semi-attached multifamily buildings
  • 9 free market units consisting of (4) 4-bedroom, (4) 3-bedroom and (1) 2-bedroom

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