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319 Beach 44Th St
Far Rockaway, NY 11691
Arverne · Multifamily Property For Sale · 6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,800 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1960/2018 |
| Building Class | C | Parking Ratio | 0.42/1,000 SF |
| Lot Size | 0.09 AC |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 4,800 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2018 |
| Parking Ratio | 0.42/1,000 SF |
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 | $86,204 |
| Land Assessment | $33,136 | Total Assessment | $119,340 |
PROPERTY TAXES
zoning
| Zoning Code | R4 |
| R4 |
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