910 Dinsmore AveQueens, NY 11691

Property Details for 910 Dinsmore Ave

Year built

1927

Lot size

0.36 AC

Property size (Sq ft)

43,120 SF

Zone code

R3X

Property type

Apartment buildings

APN

15516-0119

APU

155160119

Description

This exceptional Class A, 40-unit apartment building in Far Rockaway, Queens presents a compelling investment opportunity. The property, built in 1927 and extensively renovated in 2022, boasts 43,120 square feet across four stories and sits on a 26,989 square foot lot (per public record, lots 119 and 72 total 27,000 sq ft). The building features a mix of newly renovated one- and two-bedroom apartments, generating a substantial net operating income (NOI) of $418,495. The asking price is $11,500,000. This property benefits from a J51 tax abatement of $17,927 annually for the next 15 years (as per public record). Residents enjoy convenient access to major highways, the Long Island Rail Road, and multiple bus routes, providing seamless connectivity to Manhattan and beyond. Enhanced security features include 24/7 surveillance, secure entry points, and a live-in superintendent. The property's strategic location near thriving communities and the Rockaway coastline, coupled with Far Rockaway's ongoing revitalization, positions this investment for significant future appreciation. The adjacent buildable lot presents additional development potential. All information is from public records and the owner and should be verified by the buyer. The permitted zoning is R3X.

Location Insight

City

Far Rockaway

County

Queens

State

New York

Latitude

40.6051

Longitude

-73.7466

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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