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5-Unit Apartment Property with Storage
For Sale
Contact for pricing
Pending

375 Long Island Ave, Medford, NY 11763

Income-producing residential property with separate storage buildings and updated electrical infrastructure.

Property SizeContact for details
Days on Market142

Property Features for 375 Long Island Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Select Real Equity Advisors
Listed By: Hunter DeLuca · License #10401304644
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 9:06PM

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 Select Real Equity Advisors

Investment Insights

Based on property information with market context.

This apartment property includes 5 residential units on a 1-acre parcel, along with 5 separate storage units. The residential units have COs, while both buildings feature new roofs. Electrical systems include updated panels completed in 2021, individual electric meters for each residential unit, and new electrical service in the storage units.

The property has one gas meter per building. A new furnace and hot water heater serve 377 Long Island Ave, adding updated mechanical equipment to the residential improvements. The combination of apartment units and dedicated storage provides a defined multifamily configuration with additional on-site storage improvements.

Key Highlights

  • 5 residential units on a 1‑acre parcel
  • 5 separate storage units
  • New roofs on both buildings

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Locksmith Daycare Center Gym & Fitness Center Home Appliance Store Butcher

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

Location Intelligence

Trade Area within ½ mile

429
Businesses Nearby

Demographics for 11763, NY

29,055
Population
10,001
Households
2.9
Avg Household Size
41
Median Age
29%
College-Educated
90%
High-School Grad
13.8 sq mi
ZIP Area
2,105
Density / Sq Mi
$119,286
Median Household Income
$57,237
Median Earnings
$2,327
Median Rent
$435,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Income-producing residential property with separate storage buildings and updated electrical infrastructure.
Where is this apartment building located?
The property is located at 375 Long Island Ave Medford, NY.
What are key features of this property?
This property features: 5 residential units on a 1‑acre parcel; 5 separate storage units; New roofs on both buildings
More about this property
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