Renovated Three-Unit Brick
For Sale
Contact for pricing
228 Beach 32 St, Far Rockaway, NY 11691
2018 gut-renovated three-family with separate utility metering and private driveway in Far Rockaway.
Property SizeContact for details
Days on Market53
Property Features for 228 Beach 32 St
General Information
Standard status
Active
Property subtype
Mixed Use
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Year Built
2004
Year Renovated
2018
Listing Agency:
TWELVE STONES REALTY
Listed By:
Avarham Birnbaum · License #10491210717
Source:
Crexi
Added: Jun 22
Changed: Aug 8
Last Checked: Aug 12 at 7:00AM
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 TWELVE STONES REALTY
Investment Insights
Based on property information with market context.
228 Beach 32nd Street is a solid brick three-family property featuring a 3 bed / 3 bed / 2 bed layout across three well-proportioned units. The building was fully gut-renovated in 2018, bringing updated systems and finishes throughout. Operationally, the property is supported by separate utility metering, with 4 electric meters and 3 gas meters, allowing for near-complete tenant responsibility for utilities. The home also includes a private driveway located in front of the property.
Located in Far Rockaway on Beach 32nd Street, the property offers straightforward residential income ownership within a consistent neighborhood setting. There is also an option to acquire the adjacent property at 230 Beach 32nd Street, which may support an assemblage on the block.
This offering is well suited for buyers seeking a renovated, income-producing multifamily with established unit configuration and utility control via multiple meters. It can also appeal to investors interested in maintaining the property as a standalone asset while retaining the option to expand by acquiring the neighboring parcel.
Located in Far Rockaway on Beach 32nd Street, the property offers straightforward residential income ownership within a consistent neighborhood setting. There is also an option to acquire the adjacent property at 230 Beach 32nd Street, which may support an assemblage on the block.
This offering is well suited for buyers seeking a renovated, income-producing multifamily with established unit configuration and utility control via multiple meters. It can also appeal to investors interested in maintaining the property as a standalone asset while retaining the option to expand by acquiring the neighboring parcel.
Key Highlights
- Brick 3‑family built in 2004 with a 3 bed / 3 bed / 2 bed unit mix
- Full gut renovation completed in 2018 with updated systems and finishes throughout
- Separately metered utilities: 4 electric meters and 3 gas meters to support near‑complete tenant utility responsibility
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
Explore this area
Business Placement
Demographics for 11691, NY
64,673
Population
23,400
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
23,953
Density / Sq Mi
$57,027
Median Household Income
$40,366
Median Earnings
$1,444
Median Rent
$649,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - 2018 gut-renovated three-family with separate utility metering and private driveway in Far Rockaway.
Where is this triplex located?
The property is located at 228 Beach 32 St Far Rockaway, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Brick 3‑family built in 2004 with a 3 bed / 3 bed / 2 bed unit mix; Full gut renovation completed in 2018 with updated systems and finishes throughout; Separately metered utilities: 4 electric meters and 3 gas meters to support near‑complete tenant utility responsibility
