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Three-Unit Waterfront Apartment Building
For Sale
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153 Highland Dr, Kings Park, NY 11754

Three-unit apartment building with waterfront views, private parking, and mooring rights, featuring two- and one-bedroom layouts.

Property SizeContact for details
Days on Market108

Property Features for 153 Highland Dr

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 3

Amenities

private parking
waterfront views
mooring rights

Building Details

Tenancy Multi
Listing Agency: R & R Commercial Realty Group
Listed By: Richard Pino · License #NY 10301213277
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 21 at 7:52PM

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 R & R Commercial Realty Group

Investment Insights

Based on property information with market context.

This three-unit apartment building offers a mix of unit configurations, including two-bedroom units, one with an office, and a one-bedroom unit with a walk-in closet. The property includes private parking and also provides mooring rights, along with waterfront views.

Offered for sale at 153 Highland Dr in Kings Park, NY, the building is described as producing gross operating income of $7,000 per month.

Overall, the asset’s unit mix and waterfront-related amenities support a straightforward residential income profile for buyers seeking a small multifamily investment.

Key Highlights

  • 3‑unit apartment building with Gross Operating Income of $7,000 per month
  • Unit mix includes a 2‑bedroom, a 2‑bedroom with office, and a 1‑bedroom with walk‑in closet
  • Waterfront views

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Pharmacy Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 11754, NY

18,472
Population
7,078
Households
2.6
Avg Household Size
46
Median Age
46%
College-Educated
95%
High-School Grad
7.4 sq mi
ZIP Area
2,496
Density / Sq Mi
$123,406
Median Household Income
$64,455
Median Earnings
$1,837
Median Rent
$595,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit apartment building with waterfront views, private parking, and mooring rights, featuring two- and one-bedroom layouts.
Where is this triplex located?
The property is located at 153 Highland Dr Kings Park, NY.
What are key features of this property?
This property features: 3‑unit apartment building with Gross Operating Income of $7,000 per month; Unit mix includes a 2‑bedroom, a 2‑bedroom with office, and a 1‑bedroom with walk‑in closet; Waterfront views
(631) 524-0524 Call to check price and availability
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