260 Mott Ave Lawrence, NY 11559

This exceptional multifamily investment opportunity presents a portfolio of four rental units situated on a substantial 33,000 square foot lot in Lawrence, New York. The property comprises two buildings, each boasting three stories, and offering a total of four units: three spacious three-bedroom apartments and one two-bedroom apartment located in the rear building. Built in 1900, the property is classified as Class C and benefits from ample parking, with 12 spaces available. Currently, the units are generating below-market rents, presenting significant potential for increased revenue. The property's convenient location offers easy access to various amenities, including the Atlantic Ocean (10 minutes away), John F. Kennedy International Airport (15 minutes away), and the Long Island Rail Road (providing a 40-minute commute to Manhattan). Nearby, residents will find a wealth of shopping, dining, and houses of worship within a two-minute radius. The property is zoned 280, and the asking price is $1,850,000, translating to $462,500 per unit. This presents a compelling opportunity for investors seeking strong returns in a desirable location.