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440 Middle Country Rd

7 Unit Apartment Building $3,400,000 ($485,714/Unit) Middle Island, NY 11953

Investment Highlights

  • 3,000 SF building with 7 units
  • Modern upgrades and contemporary amenities
  • Prime location for Multifamily/High-Rise investment
  • Built in 1947, renovated in 2022
  • Strong rental demand in Middle Island market

Executive Summary

Presenting an excellent opportunity for Multifamily investors, this property offers a 3,000 SF building with 7 units, ideally located in the Middle Island area. Built in 1947 and
recently renovated in 2022, the property showcases modern upgrades while retaining its timeless appeal. The well-maintained units provide an attractive housing solution for
residents, featuring spacious layouts and contemporary amenities. With its prime location and strong rental demand in the thriving Middle Island market, this property
represents a sound investment with significant potential for growth and attractive returns.

Property Facts

Price $3,400,000
Price Per Unit $485,714
Sale Type Investment
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 1.00 AC
Building Size 3,000 SF
No. Stories 1
Year Built/Renovated 1947/2022
Parking Ratio 8.33/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 7 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0200-401-00-02-00-025-000
Land Assessment
$1,010
Improvements Assessment
$2,300
Total Assessment
$3,310

zoning

Zoning Code Residential
Residential
  • Listing ID: 34111513

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 440 Middle Country Rd, Middle Island, NY 11953

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