Multifamily
23-50 Waters Edge Drive
23-50 Waters Edge Dr, Bay Terrace, NY 11360
Listing Price: $31,950,000
Investment Overview
Marcus & Millichap are pleased to offer 23-50 Waters Edge Drive, an incredibly unique investment opportunity, located in the highly desirable Bay Terrace neighborhood of Queens, a quiet, waterfront community known for stability, safety, and proximity to retail and transportation.
23-50 Waters Edge Drive
Investment Highlights
- 23-50 Waters Edge Drive, built in 1969, spans 6 stories and has 127 units, approx. 120,000 SF.
- Turn-key Asset with No Deferred Maintenance: Over $1,000,000 recently invested in capital improvements.
- Walking distance to Little Bay Park, Alley Pond Park, and scenic waterfront trails. Steps from Bay Terrace Shopping Center and Bell Boulevard, a vibrant commercial corridor.
Listing Price: $31,950,000
Investment Highlights
- 23-50 Waters Edge Drive, built in 1969, spans 6 stories and has 127 units, approx. 120,000 SF.
- Turn-key Asset with No Deferred Maintenance: Over $1,000,000 recently invested in capital improvements.
- Walking distance to Little Bay Park, Alley Pond Park, and scenic waterfront trails. Steps from Bay Terrace Shopping Center and Bell Boulevard, a vibrant commercial corridor.
Investment Overview
Marcus & Millichap are pleased to offer 23-50 Waters Edge Drive, an incredibly unique investment opportunity, located in the highly desirable Bay Terrace neighborhood of Queens, a quiet, waterfront community known for stability, safety, and proximity to retail and transportation.
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
