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176-Unit Garden Apartment Complex
For Sale
Contact for pricing

385 Bayview Ave, Inwood, NY 11096

Free-market garden apartments with renovated residences, updated heating systems, and an additional vacant lot across the street.

Property SizeContact for details
Days on Market144

Property Features for 385 Bayview Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 176

Building Details

Construction garden
Listing Agency: Bosfa Management
Listed By: Daniel Goldstein · License #NY 10351207417
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 7:24PM

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 Bosfa Management

Investment Insights

Based on property information with market context.

This 176-unit free-market garden apartment complex includes individual condensing boilers in each apartment, with residents responsible for heat and electric service. Capital improvements include renovations to 50% of the apartments, providing a mix of updated and non-renovated residences within the property.

The complex is located in Nassau County near major highways and shopping. The sale also includes a .218-acre vacant lot at 142 St. George Place, across the street from the apartment community. The additional parcel is identified for potential apartment development or parking use.

Key Highlights

  • 176‑unit free‑market garden apartment complex
  • 50% of apartments have been renovated
  • Individual condensing boilers installed in each apartment

Property Analytics

Current Use

JAB JR KNOCKOUT ... Department Of Motor Vehicles Friendly Tax Services ... Tax Preparation Jp Contracting Construction Company Bayview Terrace Gardens ... Hotel & Motel Flat Rate Tax ... Tax Preparation

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Skin Care Clinic (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

176
Residential units

Location Intelligence

Trade Area within ½ mile

1,172
Businesses Nearby

Demographics for 11096, NY

9,645
Population
2,706
Households
3.6
Avg Household Size
33
Median Age
28%
College-Educated
75%
High-School Grad
1.2 sq mi
ZIP Area
8,038
Density / Sq Mi
$88,160
Median Household Income
$40,754
Median Earnings
$1,944
Median Rent
$604,900
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 - Free-market garden apartments with renovated residences, updated heating systems, and an additional vacant lot across the street.
Where is this apartment building located?
The property is located at 385 Bayview Ave Inwood, NY.
What are key features of this property?
This property features: 176‑unit free‑market garden apartment complex; 50% of apartments have been renovated; Individual condensing boilers installed in each apartment
More about this property
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