Fully Vacant 16 Unit Multifamily Property for Sale

For Sale

311 Beach 53rd Street, Far Rockaway, NY 11691

This Far Rockaway property for sale is located at 311 Beach 53rd Street. The current listed sale price for Fully Vacant 16 Unit Multifamily Property for Sale is $4,900,000. Fully Vacant 16 Unit Multifamily Property for Sale is situated on a lot that is 0.25 acre in size.

Contacts

broker

Christopher Pesce

Douglas Elliman Commercial - Long Island

(516) 557-5686

Property Details

  • Property Type Multi-Family
  • Property Size 10,962 SF
  • Units 16
  • Lot Size 0.25 Acre
  • Parking Spaces Avail. 14
  • Year Built 2004
  • Date Updated Apr 26, 2024
Discover the vibrant neighborhood surrounding the property located in Far Rockaway, NY. With its beautiful beaches, scenic boardwalk, and convenient access to public transportation, the area offers an ideal location for potential multifamily or high-rise development. Nearby points of interest include the Rockaway Beach Surf Club, Edgemere Farm, and the Rockaway Artists Alliance. The neighborhood also boasts a wide variety of dining options, boutique shopping, and entertainment venues. Investors will appreciate the area's potential for growth and the opportunity to capitalize on the increasing demand for modern, amenity-rich living spaces in this dynamic community.Presenting an outstanding investment opportunity in Far Rockaway, NY. This 10,962 SF building is comprised of 16 units, built in 2004 and zoned R5, C1-2. The property's prime location and appealing unit layout make it an attractive option for multifamily and high-rise investors. The property will be delivered 100% vacant, making this property well-suited for those looking to capitalize on the thriving real estate market in the dynamic Far Rockaway neighborhood.

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Highlights

  • 100% Vacant Units
  • Free Market
  • Newly Built in 2004
  • Blocks from the Beach

Getting around

  • 62/100

    Walk Score ®

  • 72/100

    Transit Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Far Rockaway, NY
  • Neighborhood Far Rockaway
  • Zip Code 11691
  • Market Queens

Points of Interest

  • Beach 60th Street

    0.28 miles

  • Beach 44th Street

    0.40 miles

  • Beach 67th Street

    0.69 miles

  • Beach 36th Street

    0.81 miles

  • Beach 25th Street

    1.23 miles

  • Beach 90th Street

    1.62 miles

  • Far Rockaway–Mott Avenue

    1.72 miles

  • Broad Channel

    1.98 miles

  • Broad Channel Station

    1.99 miles

  • Beach 98th Street

    2.01 miles

  • BP

    2.12 miles

  • Sunoco

    2.79 miles

  • Mobil

    3.37 miles

  • Shell

    3.41 miles

  • Conoco

    3.45 miles

  • Natural Gas Fueling Station

    3.77 miles

  • Tesla Supercharger

    4.78 miles

  • JFK Sunoco

    4.82 miles

  • BP

    5.00 miles

  • Citgo

    5.08 miles

  • TOH Parking Field ID I-1

    2.49 miles

  • Green Parking Garage

    3.45 miles

  • Blue Parking

    3.57 miles

  • Blue Parking Garage

    3.65 miles

  • Yellow Parking Garage

    3.67 miles

  • Red Parking Garage

    3.67 miles

  • Lawrence High School Parking Lot

    3.73 miles

  • Orange Parking Garage

    3.75 miles

  • NYC Police Department Impound Parking

    4.48 miles

  • JFK Cell Phone Waiting Lot

    4.54 miles

  • La Quinta Inn & Suites by Wyndham Far Rockaway

    0.44 miles

  • The Rockaway Hotel

    2.58 miles

  • D Piper Inn Hotel

    2.85 miles

  • Five Towns Inn

    3.58 miles

  • TWA Hotel

    3.66 miles

  • Surfside Motel

    4.84 miles

  • Ramada Plaza (closed)

    5.04 miles

  • JFK Inn

    5.05 miles

  • Marriott

    5.07 miles

  • Super 8 Jamaica North Conduit

    5.15 miles

  • Pioneer

    0.29 miles

  • Stop & Shop

    0.86 miles

  • Key Food

    1.59 miles

  • Beach 14th Supermarket

    1.90 miles

  • Seasons Express

    2.39 miles

  • Stop & Shop

    2.82 miles

  • Rockaway Farmers Market

    2.96 miles

  • Rockaway Greens

    2.98 miles

  • Stop & Shop

    3.01 miles

  • Marshalls

    3.24 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Christopher Pesce

Douglas Elliman Commercial - Long Island

(516) 557-5686