7-Unit Brick Apartment
For Sale
$1,150,000
11-15 Whitney Ave, Floral Park, NY 11001
Three-story walk-up with private balconies, a full basement, garage parking, and tenant storage income.
Property Size6,279 SF
Lot Size0.11 Acres
Price / SF$183.15
Days on Market47
Property Features for 11-15 Whitney Ave
General Information
Standard status
Active
Size
6,279 SF
Lot size
0.11 Acres
Property subtype
Multifamily
Occupancy
100%
Additional Details
Cap Rate
4.8%
Public Transit
Yes
Multifamily Units
7
Amenities
covered porch
private balconies
garage parking
tenant storage
?Well-Maintained, Turnkey Multifamily Asset — Attractive 7-unit brick walk-up built in 1924, comprising 6,279 SF across three stories plus a full basement on a 0.11-acre lot.
?Significant Embedded Rent Upside — All seven units are currently leased at preferential rents well below their legal registered amounts.
Compelling Basis in a Supply-Constrained Nassau Market — Priced at $1,150,000, or roughly $164,000 per unit and $183 per square foot, well below replacement cost.
Steps to the LIRR — Located within immediate proximity to the Floral Park LIRR station, offering a sub-35-minute commute to Penn Station and Grand Central Madison.
Robust Demographics and Best-in-Class Schools — 41,022 residents within one mile and 303,526 within three miles.
Building Details
Year Built
1924
Stories
3
Construction
brick walk-up
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Mike Tuccillo · License #License(s): NY: 10301217094, NY: 10491208938
(212) 430-5196
Source:
Marcusmillichap
Added: Sep 16
Changed: Oct 26
Last Checked: Nov 1 at 2:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan
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Investment Insights
Based on property information with market context.
The property at 11-15 Whitney Ave is a 7-unit brick apartment building constructed in 1924. The three-story walk-up contains 6,279 SF and includes a full basement, covered porch, private balconies, garage parking, and tenant storage. The 0.11-acre parcel provides a compact residential setting for the existing multifamily layout.
The property is located near the Floral Park LIRR station, with service offering a sub-35-minute commute to Penn Station and Grand Central Madison. Retail amenities along the Jericho Turnpike corridor include Stop & Shop, HomeGoods, Five Below, Panera, CVS, TD Bank, and Applebee's. Belmont Park and UBS Arena are approximately two miles away.
The property is located near the Floral Park LIRR station, with service offering a sub-35-minute commute to Penn Station and Grand Central Madison. Retail amenities along the Jericho Turnpike corridor include Stop & Shop, HomeGoods, Five Below, Panera, CVS, TD Bank, and Applebee's. Belmont Park and UBS Arena are approximately two miles away.
Key Highlights
- 7‑unit brick apartment building constructed in 1924
- 6,279 SF across three stories with a full basement
- 0.11‑acre parcel at 11‑15 Whitney Ave, Floral Park, NY 11001
Property Analytics
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Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,856
Businesses Nearby
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Business Placement
Demographics for 11001, NY
27,662
Population
8,923
Households
3.1
Avg Household Size
43
Median Age
53%
College-Educated
91%
High-School Grad
2.2 sq mi
ZIP Area
12,574
Density / Sq Mi
$144,755
Median Household Income
$66,053
Median Earnings
$2,196
Median Rent
$714,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Three-story walk-up with private balconies, a full basement, garage parking, and tenant storage income.
Where is this apartment building located?
The property is located at 11-15 Whitney Ave Floral Park, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 7‑unit brick apartment building constructed in 1924; 6,279 SF across three stories with a full basement; 0.11‑acre parcel at 11‑15 Whitney Ave, Floral Park, NY 11001
