Queens Multifamily Residential
For Sale
$1,289,000
110 Beach Way, Queens, NY 11692
Multifamily property in Queens, New York, available for purchase.
Property Size2,258 SF
Lot Size0.12 Acres
Days on Market314
Property Features for 110 Beach Way
General Information
Standard status
Active
Size
2,258 SF
Lot size
0.12 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$2,044
Building Details
Building Size
2,258 SF
Year Built
2011
Stories
2
Listing Agency:
Rockaway Properties
Listed By:
Yelnia Casilla
(718) 634-3134
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 7
Last Checked: Oct 7 at 2:40PM
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 Rockaway Properties
Investment Insights
Based on property information with market context.
Located in Queens, New York, this multifamily property at 110 Beach Way presents a residential income opportunity. The property is classified under multifamily properties and residential income properties.
Key Highlights
- Year Built: 2011
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,196
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,103,920
$1.1M
Cap Rate 7%
$788,514
$788.5K
Cap Rate 9%
$613,289
$613.3K
Market Conditions
NOI Build-Up for 2,258 SF
Gross rent
$104.3K $46.20/SF
− Vacancy
−$4.0K −$1.76/SF
EGI
$100.4K $44.44/SF
− OpEx
−$45.2K −$20.00/SF
NOI
$55.2K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,103,920
Cap Rate 7%
$788,514
Cap Rate 9%
$613,289
Alternative Uses
Best Use
Apartment 5plus
$788.5K
$690.0K – $919.9K
NOI $55,196 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,524 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
716
Businesses Nearby
Explore this area
Business Placement
Demographics for 11692, NY
22,776
Population
8,475
Households
2.7
Avg Household Size
36
Median Age
27%
College-Educated
86%
High-School Grad
1.0 sq mi
ZIP Area
22,776
Density / Sq Mi
$49,507
Median Household Income
$39,737
Median Earnings
$1,274
Median Rent
$650,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property in Queens, New York, available for purchase.
Where is this multifamily property located?
The property is located at 110 Beach Way Queens, NY.
What is the asking price?
The asking price for this property is $1,289,000.
What are key features of this property?
This property features: Year Built: 2011
