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.
