Multifamily
630 & 634 E Broadway, Long Beach, NY
630 E Broadway, Long Beach, NY 11561
Listing Price: $2,799,000
Investment Overview
The Tuccillo Group of Marcus and Millichap is pleased to present this opinion of value to ownership for 630 & 634 E Broadway, two side-by-side multifamily buildings located in Long Beach, NY.
630 & 634 E Broadway consists of four (4) apartments in each building. 630 E Broadway was recently renovated, and 634 E Broadway is a value add opportunity with below market rents. Situated in Long Beach, the property is close to the beach and new Super Block development. The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town, like restaurants, shops, and recreational activities. Tenants are responsible for their own electric and owner provides water/heat. On site parking and yard in the rear.
The area demographics paint a picture of opportunity – over 51,000 people live within a three miles radius and an average household income over $141,000.
630 & 634 E Broadway, Long Beach, NY
Investment Highlights
- 630 & 634 E Broadway consists of eight (8) apartments total and four (4) apartments in each building.
- 630 E Broadway was recently renovated, and 634 E Broadway is a value add opportunity with below market rents.
- The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town.
Exclusively Listed By
Listing Price: $2,799,000
Investment Highlights
- 630 & 634 E Broadway consists of eight (8) apartments total and four (4) apartments in each building.
- 630 E Broadway was recently renovated, and 634 E Broadway is a value add opportunity with below market rents.
- The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town.
Investment Overview
The Tuccillo Group of Marcus and Millichap is pleased to present this opinion of value to ownership for 630 & 634 E Broadway, two side-by-side multifamily buildings located in Long Beach, NY. 630 & 634 E Broadway consists of four (4) apartments in each building. 630 E Broadway was recently renovated, and 634 E Broadway is a value add opportunity with below market rents. Situated in Long Beach, the property is close to the beach and new Super Block development. The location provides good access to the main commercial areas of Long Beach, public transportation (LIRR), and the amenities of the beach town, like restaurants, shops, and recreational activities. Tenants are responsible for their own electric and owner provides water/heat. On site parking and yard in the rear. The area demographics paint a picture of opportunity – over 51,000 people live within a three miles radius and an average household income over $141,000.
Exclusively Listed By
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