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Multifamily

2-4 Holland Ave, Elmont, NY

2 Holland Ave, Elmont, NY 11003

Listing Price: $1,600,000

Cap Rate
4.70%
Number of Units
5
GRM
13.60
Occupancy
100.0%
Price/Unit
$320,000

Investment Overview

Marcus & Millichap is proud to present for sale 2-4 Holland Avenue (the "Subject Property"), a five-unit multifamily property located in Elmont, New York. The property offers investors a rare chance to acquire a fully stabilized, income-producing asset in one of Nassau County's most actively transforming submarkets. The Subject Property has approximately 3,689 square feet of building area on a 0.09-acre lot. All five units are currently occupied, providing an immediate and dependable income stream from day one.

Residents enjoy excellent access to transportation. The Elmont-UBS Arena LIRR station provides direct rail service to Manhattan and other parts of Long Island. The Cross Island Parkway, Southern State Parkway, and Hempstead Turnpike are all nearby. With the property's proximity to New York City, Elmont continues to draw renters seeking value compared to Queens and Brooklyn without giving up an easy commute.

Investment Highlights

  • Well-Maintained, Turnkey Multifamily Asset — Attractive 5-unit walk-up built in 1922, comprising 3,689 SF across two stories on a 0.09-acre lot.
  • Robust Demographics and Best-in-Class Schools — 367,000 residents within three miles, supported by an average household income of $143,000 within three miles — well above the national average.
  • Area demand drivers include the Belmont Park (the prestigious 3rd leg of the Triple Crown), UBS Arena (Home of NY Islanders), Belmont Park Village, and the Elmont-UBS Arena LIRR Station.

Exclusively Listed By

  • Mike Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Mike

    License(s): NY: 10301217094, NY: 10491208938

    New York City

Multifamily

2-4 Holland Ave, Elmont, NY

Listing Price: $1,600,000

Cap Rate
4.70%
Number of Units
5
GRM
13.60
Occupancy
100.0%
Price/Unit
$320,000

Investment Highlights

  • Well-Maintained, Turnkey Multifamily Asset — Attractive 5-unit walk-up built in 1922, comprising 3,689 SF across two stories on a 0.09-acre lot.
  • Robust Demographics and Best-in-Class Schools — 367,000 residents within three miles, supported by an average household income of $143,000 within three miles — well above the national average.
  • Area demand drivers include the Belmont Park (the prestigious 3rd leg of the Triple Crown), UBS Arena (Home of NY Islanders), Belmont Park Village, and the Elmont-UBS Arena LIRR Station.

Investment Overview

Marcus & Millichap is proud to present for sale 2-4 Holland Avenue (the "Subject Property"), a five-unit multifamily property located in Elmont, New York. The property offers investors a rare chance to acquire a fully stabilized, income-producing asset in one of Nassau County's most actively transforming submarkets. The Subject Property has approximately 3,689 square feet of building area on a 0.09-acre lot. All five units are currently occupied, providing an immediate and dependable income stream from day one. Residents enjoy excellent access to transportation. The Elmont-UBS Arena LIRR station provides direct rail service to Manhattan and other parts of Long Island. The Cross Island Parkway, Southern State Parkway, and Hempstead Turnpike are all nearby. With the property's proximity to New York City, Elmont continues to draw renters seeking value compared to Queens and Brooklyn without giving up an easy commute.

Exclusively Listed By

  • Mike Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Mike

    License(s): NY: 10301217094, NY: 10491208938

    New York City

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