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12-Unit Apartment Portfolio
For Sale
$2,400,000

70-02 & 70-04 65 Place, Glendale, NY 11385

Both buildings are fully occupied, with on-site parking available for rent.

Property Size11,424 SF
Price / SF$210.08
Days on Market48

Property Features for 70-02 & 70-04 65 Place

General Information

Standard status Active
Size 11,424 SF
Total Parking Spaces 2
Property subtype Multi-Unit (5+)
Occupancy 100%

Financials

Cap Rate 5%
Gross Income $200,000

Additional Details

Multifamily Units 12
Tenant in Place Yes

Building Details

Buildings 2
Listing Agency: TIP TOP REALTY MANAGEMENT CORP
Listed By: John Suarez
Source: Gosenproperties
Added: Sep 14 Changed: Oct 28 Last Checked: Oct 28 at 3:19PM

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 TIP TOP REALTY MANAGEMENT CORP

Rey
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Investment Insights

Based on property information with market context.

The offering combines two six-family apartment buildings at 70-02 and 70-04 65 Place in Glendale, New York. Together, the buildings contain 12 apartments and are described as well maintained. All units are occupied, and two on-site parking spaces are available for rent.

The portfolio is offered as a single package and carries an approximately 5% capitalization rate.

Key Highlights

  • Two six‑family apartment buildings offered together
  • 12 apartments across the portfolio
  • All apartments are occupied

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

5,416
Businesses Nearby

Demographics for 11385, NY

100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Both buildings are fully occupied, with on-site parking available for rent.
Where is this apartment building located?
The property is located at 70-02 & 70-04 65 Place Glendale, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Two six‑family apartment buildings offered together; 12 apartments across the portfolio; All apartments are occupied
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