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$ 2,500,000
Est. payment /mo
Active
531 E Broadway Long Beach, NY 11561
3,998 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1021226
Rental Info No
Year Built 1955
Annual Tax Amount $33,324
Lot Size 3,998 Sqft
Acres 0.0918
Property Sub-Type Multi Family
Source onekey2
Property Description
Welcome to 532 E Broadway, a six-unit multi-family building comprised of three
studio apartments and three one-bedroom apartments, ideally situated in the
heart of Long Beach. Built in 1955 and offering approximately 3,556 gross square
feet across two stories, the property presents a compelling opportunity for
investors seeking a well-located, income-producing asset just moments from the
beach and boardwalk.
The building's residences feature comfortable, light-filled layouts with hardwood
flooring, private outdoor space, and functional kitchens. Utilities are individually
metered by unit, simplifying operations and expenses for ownership.
With low property taxes relative to the area and a location prized by both year round residents and seasonal renters, 532 E Broadway offers a rare combination
of coastal lifestyle and long-term investment value.
studio apartments and three one-bedroom apartments, ideally situated in the
heart of Long Beach. Built in 1955 and offering approximately 3,556 gross square
feet across two stories, the property presents a compelling opportunity for
investors seeking a well-located, income-producing asset just moments from the
beach and boardwalk.
The building's residences feature comfortable, light-filled layouts with hardwood
flooring, private outdoor space, and functional kitchens. Utilities are individually
metered by unit, simplifying operations and expenses for ownership.
With low property taxes relative to the area and a location prized by both year round residents and seasonal renters, 532 E Broadway offers a rare combination
of coastal lifestyle and long-term investment value.
Location
State NY
County Nassau County
Interior
Heating Baseboard
Cooling Central Air
Fireplace No
Exterior
Parking Features On Street
Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Stone
Schools
Elementary Schools East Elementary School
Middle Schools Long Beach Middle School
High Schools Long Beach
School District Long Beach
Others
Special Listing Condition None
Listed by Douglas Elliman Real Estate • Darren Desrameaux