Six-Unit Apartment
For Sale
$2,500,000
531 E Broadway, Long Beach, NY 11561
Two-story multifamily property with studio and one-bedroom residences, private outdoor space, hardwood flooring, and individually metered utilities.
Property Size3,556 SF
Price / SF$703.04
Days on Market46
Property Features for 531 E Broadway
General Information
Standard status
Active
Size
3,556 SF
Property subtype
Commercial
Units
Unit Mix
3 x studio, 3 x 1BR
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$33,324
Building Details
Building Size
3,556 SF
Year Built
1955
Buildings
1
Stories
2
Units
6
Listing Agency:
Douglas Elliman Real Estate
(646) 469-0799
Listed By:
Darren Desrameaux · License #10401358860
(646) 469-0799
Source:
Professionalchoicerealty
Added: Jul 16
Changed: Aug 29
Last Checked: Aug 25 at 9:28AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
This two-story apartment building contains six residences across approximately 3,556 gross square feet. The unit mix includes three studios and three one-bedroom apartments, with kitchens, hardwood flooring, and private outdoor space within the residential layouts. Constructed in 1955, the property offers a compact multifamily configuration with separate utility metering for each unit.
The building is located at 531 E Broadway in Long Beach, NY, with the beach and boardwalk identified as nearby amenities. Its unit mix and individual utility meters provide a clearly defined operating structure for the property.
The building is located at 531 E Broadway in Long Beach, NY, with the beach and boardwalk identified as nearby amenities. Its unit mix and individual utility meters provide a clearly defined operating structure for the property.
Key Highlights
- Six total apartments: three studios and three one‑bedroom units
- Approximately 3,556 gross square feet across two stories
- Built in 1955
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Two-story multifamily property with studio and one-bedroom residences, private outdoor space, hardwood flooring, and individually metered utilities.
Where is this apartment building located?
The property is located at 531 E Broadway Long Beach, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Six total apartments: three studios and three one‑bedroom units; Approximately 3,556 gross square feet across two stories; Built in 1955
