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25-Unit Garden-Style Apartment Building
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421 E Broadway, Long Beach, NY 11561

Garden-style apartments feature individual heating and air conditioning, with tenants paying their own electric utilities.

Property SizeContact for details
Days on Market143

Property Features for 421 E Broadway

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 20 x studio, 4 x 1BR, 1 x 2BR
Multifamily Units 25

Building Details

Construction garden-style
Listing Agency: Cushman & Wakefield - Melville, New York
Listed By: Daniel Abbondandolo · License #NY 10401239548
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 6:40PM

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 Cushman & Wakefield - Melville, New York

Investment Insights

Based on property information with market context.

East Broadway Gardens is a 25-unit garden-style apartment complex at 421 E Broadway in Long Beach. The unit mix includes twenty studio apartments, four one-bedroom units, and one two-bedroom unit. Each apartment has its own heating and air conditioning system. Residents pay electric costs associated with heating, lighting, and appliances, while the landlord provides water service.

The property is positioned between Franklin Boulevard and Lincoln Boulevard, just steps from the Long Beach Boardwalk. Local shopping, dining, and entertainment are within walking distance. An on-site laundry facility may be operated by the owner or placed under contract with a major vendor. The apartments are not subject to rent stabilization requirements.

Key Highlights

  • 25‑unit garden‑style apartment complex
  • Unit mix includes twenty studios, four one‑bedroom apartments, and one two‑bedroom apartment
  • Individual heating and air conditioning systems in every apartment

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon Daycare Center Barber Shop Bakery Furniture & Home Goods Garden Center

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

25
Residential units

Location Intelligence

Trade Area within ½ mile

932
Businesses Nearby

Demographics for 11561, NY

39,132
Population
18,442
Households
2.1
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
4.0 sq mi
ZIP Area
9,783
Density / Sq Mi
$132,903
Median Household Income
$72,221
Median Earnings
$2,462
Median Rent
$676,600
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 - Garden-style apartments feature individual heating and air conditioning, with tenants paying their own electric utilities.
Where is this apartment building located?
The property is located at 421 E Broadway Long Beach, NY.
What are key features of this property?
This property features: 25‑unit garden‑style apartment complex; Unit mix includes twenty studios, four one‑bedroom apartments, and one two‑bedroom apartment; Individual heating and air conditioning systems in every apartment
(323) 471-4747 Call to check price and availability
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