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Renovated Multi-Family Portfolio
For Sale
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2288 Mott Avenue, Far Rockaway, NY 11691

Four income-producing apartment properties total 115 residential units with combined annual net income.

Property SizeContact for details
Days on Market121

Property Features for 2288 Mott Avenue

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Business Included Yes
Multifamily Units 115
Listing Agency: Golden Star Realty Group
Listed By: Joe Goldberg · License #States
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 6:53PM

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 Golden Star Realty Group

Investment Insights

Based on property information with market context.

This for-sale portfolio includes four massive, income-producing apartment properties in Far Rockaway, Queens. The portfolio totals 115 residential units across the following addresses: 2288 Mott Ave. (60 units), 1815 Everdell Ave. (26 units), 1127 Nameoke Ave. (17 renovated units), and 1136–1138 McBride Street (12 units). Reported net annual income for the portfolio is $1,825,770, with each property generating its own net income.

All properties are described as well managed, and mortgage assumability is noted for the portfolio. The offering also allows for individual property sales, providing flexibility for investors seeking to acquire one asset or build a multi-property position.

The portfolio’s unit mix and reported operating performance are presented as a solid long-term investment based on the stated net income figures for each building.

Key Highlights

  • Portfolio of 4 income‑producing apartment properties totaling 115 residential units in Far Rockaway, Queens, NY
  • 2288 Mott Ave.: 60 residential units with stated net income of $822,972
  • 1815 Everdell Ave.: 26 units with stated net income of $409,383

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store

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

115
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,198
Businesses Nearby

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

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

What type of property is this?
Apartment building - Four income-producing apartment properties total 115 residential units with combined annual net income.
Where is this apartment building located?
The property is located at 2288 Mott Avenue Far Rockaway, NY.
What are key features of this property?
This property features: Portfolio of 4 income‑producing apartment properties totaling 115 residential units in Far Rockaway, Queens, NY; 2288 Mott Ave.: 60 residential units with stated net income of $822,972; 1815 Everdell Ave.: 26 units with stated net income of $409,383
More about this property
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