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407 Beach 20th St
Far Rockaway, NY 11691
Multifamily Property For Sale
·
75 Units
INVESTMENT HIGHLIGHTS
- Includes 19 parking spaces, adding value and convenience for tenants in this urban setting.
- Located directly across the street from St. John's Episcopal Hospital, a major healthcare facility and significant local employer.
EXECUTIVE SUMMARY
JLL has been retained on an exclusive basis to arrange for the sale of 407 20th Beach St in Far Rockaway (the “Property”). The well-positioned multifamily asset consists of 75 rent stabilized units and 2 commercial units. The residential units consist of 50 two bedroom, 13 one bedroom and 12 studio
apartments.
apartments.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.59 AC |
| No. Units | 75 | Building Size | 73,806 SF |
| Property Type | Multifamily | No. Stories | 7 |
| Property Subtype | Apartment | Year Built | 1950 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.25/1,000 SF |
| Building Class | B | ||
| Zoning | R5 - High Density Residential | ||
| Sale Type | Investment |
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.59 AC |
| Building Size | 73,806 SF |
| No. Stories | 7 |
| Year Built | 1950 |
| Parking Ratio | 0.25/1,000 SF |
| Zoning | R5 - High Density Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | - |
| 1+1 | 13 | - | 650 |
| 2+1.5 | 40 | - | 900 |
| 2+2 | 10 | - | 900 |
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