Meridian Capital Group
Meridian Investment Sales

Far Rockaway Portfolio

Far Rockaway Portfolio

Bayswater, Far Rockaway

Garden Style Portfolio

Asking Pricing $11,250,000
Type Multifamily
Neighborhood Bayswater, Far Rockaway
Properties 2
Size 98,718 SF
Units 112 Apartments

Investment Highlights:

The Far Rockaway Portfolio includes two 2-story garden style complexes with 98,718 SF combined, 112 apartments, and parking. Located in the Bayswater neighborhood of Far Rockaway, Queens, the properties reside in a highly desirable location with proximity to multiple beaches, and walking distance to Bayswater Park and Rockaway Beach. Nearby subway access at Beach 25th Street [A] train and the Far Rockaway Long Island Railroad station.

This investment opportunity offers significant rental upside to a new investor with approximately $459,970 in preferential rents.

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