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11-30, 11-32, 11-34 McBride Street

$3,975,000

11-30 McBride Street, Far Rockaway, NY 11691

Active
Last Updated: 01/14/2025

9

Cap Rate

9,275 sqft

Building Size

Details:
Cap Rate:    9%
Building Size:    9,275 sqft
Lot Area:    9,045 sqft
Units:    9
Year Built:    2023
Zoning:    R5
Floors:    3
Highlights:
  • Built in 2023
  • Three 3-story semi-attached multifamily buildings
  • 9 free market units consisting of (4) 4-bedroom, (4) 3-bedroom and (1) 2-bedroom
  • The property will be delivered vacant
Description:

Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 11-30 McBride Street, Far Rockaway, NY 11691 (the “Property”) located in the Far Rockaway neighborhood of Queens.

Built in 2023, this new construction property consists of three 3-story semi-attached multifamily buildings built on 3 lots totaling 9,275± SF. There are 9 free market units consisting of (4) 4-bedroom, (4) 3-bedroom and (1) 2-bedroom. The property is zoned R5 and located within a qualifying opportunity zone. The property will be delivered vacant. A few blocks away from the Far Rockaway [A] subway station. Seller expects to obtain TCO by year-end 2023.

Map:
Documents:
Title
11-30_-_11-34_McBride_Street_OM.pdf
11-30_-_11-34_McBride_Street_OM.pdf
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