Six-Unit Apartment
For Sale
$2,500,000
531 E Broadway, Long Beach, NY 11561
Commercial Sale, Long Beach, NY
Property Size3,556 SF
Lot Size0.09 Acres
Price / SF$703.04
Days on Market61
Property Features for 531 E Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Elementary school
East Elementary School
Middle school
Long Beach Middle School
High school
Long Beach High School
Elementary school district
Long Beach
Middle school district
Long Beach
High school district
Long Beach
Standard status
Active
APN
1000-59-175-00-0018-0
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
33324
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Central Air
Water source
Public
Building Details
Year built
1955
Floors in Building
2
Number of units
6
Building materials
Stone
Listing Agency:
Douglas Elliman Real Estate
(516) 621-3555
Listed By:
Darren Desrameaux · License #10401358860
(646) 469-0799
Added: Jul 2
Changed: Aug 20
Last Checked: Aug 31 at 5:06PM
MLS# 1021226
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story apartment property contains six residences, including three studio apartments and three one-bedroom apartments. Built in 1955, the stone building encompasses approximately 3,556 gross square feet. Unit features include hardwood flooring, functional kitchens, private outdoor space, baseboard heating, and central air conditioning. Utilities are individually metered by unit, while public water and public sewer serve the property.
The property is located in Long Beach, near the beach and boardwalk. On-street parking is available, and cable service is available at the property. The parcel measures 0.0918 acres.
The property is located in Long Beach, near the beach and boardwalk. On-street parking is available, and cable service is available at the property. The parcel measures 0.0918 acres.
Key Highlights
- Six apartments configured as three studios and three one‑bedroom units
- Approximately 3,556 gross square feet across two stories
- Individually metered utilities by unit
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Utilities to site
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story multifamily property with individually metered residences, private outdoor space, and access to public water and sewer.
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 apartments configured as three studios and three one‑bedroom units; Approximately 3,556 gross square feet across two stories; Individually metered utilities by unit
