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634 E Broadway 4 Unit Apartment Building $2,064,794 CAD ($516,198 CAD/Unit) Long Beach, NY 11561
Investment Highlights
- The subject property rests on a 0.10-acre parcel with approximately +/- 2,706 square feet.
- The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town.
- The subject property consists of four (4) apartments and was recently renovated.
Executive Summary
Marcus and Millichap is pleased to present 634 E Broadway, a multifamily property located in Long Beach, NY.
The subject property rests on a 0.10-acre parcel with approximately +/- 2,706 square feet. The subject property consists of four (4) apartments and was recently renovated. Situated in Long Beach, the property is close to the beach and new Super Block development. The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town, like restaurants, shops, and recreational activities. Tenants are responsible for their own electric and owner provides water/heat. On site parking and yard in the rear.
The area demographics paint a picture of opportunity – over 51,000 people live within a three miles radius and an average household income over $141,000.
The subject property rests on a 0.10-acre parcel with approximately +/- 2,706 square feet. The subject property consists of four (4) apartments and was recently renovated. Situated in Long Beach, the property is close to the beach and new Super Block development. The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town, like restaurants, shops, and recreational activities. Tenants are responsible for their own electric and owner provides water/heat. On site parking and yard in the rear.
The area demographics paint a picture of opportunity – over 51,000 people live within a three miles radius and an average household income over $141,000.
Property Facts
| Price | $2,064,794 CAD | Building Class | C |
| Price Per Unit | $516,198 CAD | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 2,706 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1955 |
| Apartment Style | Garden |
| Price | $2,064,794 CAD |
| Price Per Unit | $516,198 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 2,706 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1955 |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- 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 |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
60/100
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634 E Broadway
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