25,000 SF | 2-23 Beach 101st Street | Turnkey MultiFamily Property For Sale - Over 8% CAP

2-23 Beach 101st Street Far Rockaway, NY 11694

2-23 Beach 101st Street, Far Rockaway, NY, 11694
2-23 Beach 101st Street, Far Rockaway, NY, 11694
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$7,750,000
Last Verified:
Feb 19, 2026

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Highlights

  • 32 Unit Brick Building Built in 2012 with Parking
  • Fully Occupied
  • Turnkey
  • Total Residential Units: 32
  • Occupancy Rate: 100%
  • Multiple Tenancy
  • Delivered: As Is
  • Current CAP: 8.6%

Description

Turnkey MultiFamily Property For Sale - Over 8% CAP

Located in the Far Rockaway neighborhood of Queens between Beach Channel Dr & Rockaway Beach Blvd near the Beach 98th St subway station.

Nearest Transit: S & A trains at Beach 98th St and the Q53-SBS, Q11, Q35, QM16, RES, QM17, QM15, & Q52-SBS bus lines.

Nearby tenants include Walgreens Photo, Rockaway Beach Golf Club, Burn Fitness, Beachside Pharmacy, Brisas Del Mar, Deli Grill, The Madelaine Chocolate Company, Rockaway Beach Pickleball, Bay Towers Apartments, The Scholars Academy, Dayton Towers West, The Rockaway Hotel, Corp Construction Corporation, and more!

Building Size: 25000sq ft
Lot Size: 0 acres

Map of 2-23 Beach 101st Street, Far Rockaway, NY, 11694

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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