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40 Unit Apartment Building & separate lot 910 Dinsmore Ave 40 Unit Apartment Building $14,670,181 CAD ($366,755 CAD/Unit) Far Rockaway, NY 11691

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Investment Highlights

$10.5M Rare Double-Lot Opportunity in Far Rockaway – Prime Development & Income Potential
Investor Goldmine: 910 Dinsmore Ave + Rear Lot – Scale, Develop, Maximize Returns

Premier Far Rockaway Offering Multi-Lot Investment with Major Upside

Executive Summary

Unlock the Potential: $10.5M Dual-Lot Property Ready for Expansion or Redevelopment: Premier investment opportunity featuring a rare double-lot offering with the rear parcel included- ideal for developers, investors, and value-add buyers seeking scale and long-term upside. This exceptional asset combines immediate income potential with significant redevelopment and expansion opportunities, making it a true turnkey + land value play. Located in a rapidly evolving coastal market with strong demand, this property offers the flexibility to build, reposition, or maximize returns in one of NYC’s emerging investment corridors.
A chance to secure a high-upside, multi-lot asset in a prime location. Fully compliant with all regulations and free of violations, delivering peace of mind alongside immediate income and future redevelopment potential. Near JFK, the LIRR, MTA, minutes from Atlantic Beach, premier shopping, and the Five Towns area. Lot 119 is 18,808 sq ft & lot 72 is 8181. Call for info

Property Facts

Price	$14,670,181 CAD	Building Class	C
Price Per Unit	$366,755 CAD	Lot Size	0.36 AC
Sale Type	Investment	Building Size	43,120 SF
No. Units	40	Average Occupancy	95%
Property Type	Multifamily	No. Stories	4
Property Subtype	Apartment Multifamily Dormitory	Year Built/Renovated	1927/2025
Apartment Style	Mid-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R3X - Situated in an R3X zoning district, this rare double-lot offering unlocks valuable low-density residential development potential.

Price	$14,670,181 CAD
Price Per Unit	$366,755 CAD
Sale Type	Investment
No. Units	40
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Mid-Rise
Building Class	C
Lot Size	0.36 AC
Building Size	43,120 SF
Average Occupancy	95%
No. Stories	4
Year Built/Renovated	1927/2025
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R3X - Situated in an R3X zoning district, this rare double-lot offering unlocks valuable low-density residential development potential.