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4-Unit Multifamily Property
New
For Sale
$1,999,999

163/165 Lincoln Avenue, Rockville Centre, NY 11570

Two semi-attached homes offer updated apartments, shared laundry, storage areas and on-site parking.

Property Size3,100 SF
Price / SF$645.16
Days on Market4

Property Features for 163/165 Lincoln Avenue

General Information

Standard status Active
Size 3,100 SF
Total Parking Spaces 12
Property subtype Residential Income

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Public Transit Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $26,076

Amenities

shared laundry facilities
wood burning fireplace
shared outdoor recreation area
butler pantry
First Floor Bedroom
First Floor Full Bath
Ceiling Fan(s)
Chandelier
Crown Molding
Eat-in Kitchen
Granite Counters
Pantry
Mailbox
Rain Gutters

Building Details

Building Size 3,100 SF
Year Built 1920
Buildings 2
Units 4
Listing Agency: Signature Premier Properties
Listed By: George Haase
Source: Georgemcknight
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 26 at 4:07AM

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 Signature Premier Properties

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Investment Insights

Based on property information with market context.

This multifamily property comprises two semi-attached homes with a total of four updated one-bedroom, one-bathroom apartments. Each apartment is approximately 750 square feet. The homes have a legal nonconforming use. Upper apartments connect to shared unfinished attic storage, while the ground-floor apartments have interior stairs to the unfinished common basement. Shared laundry facilities are accessible from the basement and from outside. Ground-floor apartments also feature front and rear entrances, butler pantries and wood-burning fireplaces.

A detached garage accommodates four cars, and the parking area provides two assigned spaces for each apartment. A shared outdoor recreation area sits behind the garage. The property is in the Incorporated Village of Rockville Centre, near the village center and Long Island Railroad.

Key Highlights

  • Four updated one‑bedroom, one‑bathroom apartments, approximately 750 square feet each
  • Two semi‑attached homes with a legal nonconforming use
  • Detached four‑car garage and two assigned parking spaces per apartment

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,125
Businesses Nearby

Demographics for 11570, NY

29,023
Population
11,368
Households
2.6
Avg Household Size
42
Median Age
62%
College-Educated
95%
High-School Grad
3.6 sq mi
ZIP Area
8,062
Density / Sq Mi
$147,784
Median Household Income
$91,332
Median Earnings
$1,804
Median Rent
$786,600
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two semi-attached homes offer updated apartments, shared laundry, storage areas and on-site parking.
Where is this multifamily property located?
The property is located at 163/165 Lincoln Avenue Rockville Centre, NY.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Four updated one‑bedroom, one‑bathroom apartments, approximately 750 square feet each; Two semi‑attached homes with a legal nonconforming use; Detached four‑car garage and two assigned parking spaces per apartment
More about this property
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