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$ 10,500,000
Est. payment /mo
Price Dropped by $94.5M
910 Dinsmore AVE Far Rockaway, NY 11691
0.43 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY856325
Originating Board onekey2
Rental Info No
Year Built 1927
Annual Tax Amount $34,134
Lot Size 0.432 Acres
Acres 0.4318
Property Sub-Type Multi Family
Property Description
Introducing 910 Dinsmore Avenue, a rare opportunity in Far Rockaway, Queens. This 40-unit Multi-family Residential building also contains an adjacent lot of 8,181 sq ft. with possibilities for expansion and additional development. This building boasts a mix of newly renovated 1–2-bedroom apartments, fully renovated basement with office, and new boiler/ heating system. This is an ideal investment for developers seeking to capitalize on housing in the Far Rockaway area. Situated in a sought-after neighborhood, this multi-family property is within close proximity to both the vibrant communities of the Five Towns and the scenic coastline of Queens. Residents benefit from easy transportation including access to major highways, the Long Island Rail Road, and multiple bus routes, ensuring seamless connectivity to Manhattan. This multi-family property is equipped with advanced security system, including 24-7 surveillance, secure entry points and a live in Superintendent. The nearby Rockaway Beach and local parks offer excellent recreational opportunities. This property generates substantial rental income making it an attractive investment for both new and seasoned investors. This property is poised for significant appreciation in value over the upcoming years. All information was accessed from public record and the owner which is deemed to be accurate however buyer and buyer's agent must verify.
Location
State NY
County Queens
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Heating Oil
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Lot Description Near Public Transit, Near School, Near Shops, Private
Story 4
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Coldwell Banker American Homes