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$11,500,000
171 Days On Site

910 Dinsmore Avenue
Far Rockaway, NY 11691

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
43,120
SqFt
$267
/SqFt
1927
Built
County:
Queens
Listing courtesy of Mahler Realty [email protected]

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910 Dinsmore Avenue910 Dinsmore Avenue910 Dinsmore Avenue910 Dinsmore Avenue
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Introducing a rare opportunity in Far Rockaway, Queens: A 40 unit residential building containing an adjacent lot with possibilities for expansion or additional development. The existing building boasts a mix of newly renovated 1-2 bedroom apartments. This is an ideal investment for developers seeking to capitalize on the burgeoning demand for quality housing in the Far Rockaway area. Situated in a sought-after neighborhood, this property enjoys proximity to both the vibrant communities of the Five Towns and the scenic coastline of Rockaway. Residents benefit from excellent transportation links, including easy access to major highways, the Long Island Rail Road, and multiple bus routes, ensuring seamless connectivity to Manhattan and surrounding areas. The building is equipped with advanced security systems, including 24/7 surveillance cameras, 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. Far Rockaway is undergoing significant development and revitalization, promising potential for property value appreciation. Given its strategic location near thriving communities and continuous urban development, the property is poised for significant appreciation in value over the coming years. All information was accessed from public record and the owner and deemed to be accurate however buyer and buyers agent must verify. Taxes do not reflect the J51 tax abatement of $17,927 per year for the next 15 years. As per public record, lot 119 is 18808 sq ft & lot 72 is 8181 sq ft., Additional information: Rental Income:Y, Building Size:43120

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Listing Snapshot
Price 
$11,500,000
Days On Site 
171 Days
Bedrooms 
N/A
Inside Area (SqFt) 
43,120 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
26,989 Acres
Year Built 
1927
MLS® Number 
L3563773
Status 
Active
Property Tax 
$51,904
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoListing updated with changes from the MLS®
6 months agoListing first seen on site
General Features
Cross Street 
Beach 9th & 12th
Number Of Stories 
4
SqFt Total 
43120
Interior Features
Heating 
Hot WaterNatural GasOil
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Exterior Features
Frontage 
206
Listing courtesy of Mahler Realty [email protected]


Based on information submitted to the MLS GRID as of 2024-10-29 08:00 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
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