Multifamily
19 Madison Ave, Franklin Square, NY
19 Madison Ave, Franklin Square, NY 11010
Listing Price: $2,200,000
Investment Overview
Marcus & Millichap is pleased to present 19 Madison Avenue, Franklin Square, NY — an exceptional multifamily investment opportunity.
Situated on a 0.19-acre parcel, the subject property offers approximately 8,568 square feet of rentable space across eight well-maintained residential units. The unit mix includes two (2) one-bedroom apartments and six (6) two-bedroom apartments, catering to a diverse tenant base. The property includes a eight-car garage located at the rear, which is currently provided to tenants at no charge. This presents a potential opportunity for a new owner to generate additional income.
Strategically located in the heart of Franklin Square, the property enjoys proximity to a wide array of national and regional retailers including Holiday Farms, Citibank, Wendy’s, Chase Bank, 7-Eleven, and many others.
The surrounding area boasts robust demographics, with over 257,000 residents within a three-mile radius and an average household income exceeding $164,000 — signaling strong demand and purchasing power.
19 Madison Ave, Franklin Square, NY
Investment Highlights
- Situated on a 0.19-acre parcel, the subject property offers approximately 8,568 square feet of rentable space across eight well-maintained residential units.
- The unit mix includes two (2) one-bedroom apartments and six (6) two-bedroom apartments, catering to a diverse tenant base.
- The property includes a eight-car garage located at the rear, which is currently provided to tenants at no charge. This presents a potential opportunity for a new owner to generate additional income.
Exclusively Listed By
Listing Price: $2,200,000
Investment Highlights
- Situated on a 0.19-acre parcel, the subject property offers approximately 8,568 square feet of rentable space across eight well-maintained residential units.
- The unit mix includes two (2) one-bedroom apartments and six (6) two-bedroom apartments, catering to a diverse tenant base.
- The property includes a eight-car garage located at the rear, which is currently provided to tenants at no charge. This presents a potential opportunity for a new owner to generate additional income.
Investment Overview
Marcus & Millichap is pleased to present 19 Madison Avenue, Franklin Square, NY — an exceptional multifamily investment opportunity. Situated on a 0.19-acre parcel, the subject property offers approximately 8,568 square feet of rentable space across eight well-maintained residential units. The unit mix includes two (2) one-bedroom apartments and six (6) two-bedroom apartments, catering to a diverse tenant base. The property includes a eight-car garage located at the rear, which is currently provided to tenants at no charge. This presents a potential opportunity for a new owner to generate additional income. Strategically located in the heart of Franklin Square, the property enjoys proximity to a wide array of national and regional retailers including Holiday Farms, Citibank, Wendy’s, Chase Bank, 7-Eleven, and many others. The surrounding area boasts robust demographics, with over 257,000 residents within a three-mile radius and an average household income exceeding $164,000 — signaling strong demand and purchasing power.
Exclusively Listed By
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