10-30 Neilson St

For Sale

1030 Neilson St, Far Rockaway, NY 11691

This Far Rockaway property for sale is located at 1030 Neilson St. The current listed sale price for 10-30 Neilson St is $6,800,000. 10-30 Neilson St is situated on a lot that is 0.3 acre in size.

Contacts

broker

Dylan Walsh

Marcus & Millichap

broker

Jack Sheresky

Marcus & Millichap

Property Details

  • Property Type Multi-Family
  • Property Size 19,927 SF
  • Lot Size 0.3 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 2011
  • Date Updated Feb 23, 2021

THE OFFERING

Marcus & Millichap is pleased to offer the following opportunity located in Far Rockaway. 10-30 Neilson Street is located between Dinsmore Avenue and Cornaga Avenue, nearby the A train. The property consists of 15 apartments recently constructed in 2011.

THE OPPORTUNITY

15 Year Tax Abatement: The property is currently benefiting from a 15-Year 421-A Tax Abatement which ends in 2028. The abatement allows an investor to benefit from rent growth while being protected from large increases in expenses. Additionally, after the abatement has phased there is an opportunity to deregulate the apartments..

The Premier Location:

Centered in the middle of Far Rockaway just off of the main Mott Ave corridor, you are only minutes away from the Far Rockaway A Subway Line and the Far Rockaway LIRR stop. The neighborhood has a strong Jewish presence and history and is walking distance to both Chabad Lubavitch and Siach Yitzchok. Tenants benefit due to the proximity of these establishments and ultimately, the building acts as a transition residence into 5 towns.

Luxury Amenities: The buildings features a parking lot in the rear of the property, apartment balconies, storage units in the basement, individual hot water heaters and boilers as well as washer and dryers in every unit.

High End Finishes: Residences maximize natural sun and air with no immediate buildings adjacent to the property and units feature high end finishes.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 85/100

    Walk Score ®

  • 73/100

    Transit Score ®

  • 63/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Far Rockaway, NY
  • Neighborhood Far Rockaway
  • Zip Code 11691
  • Market Queens

Points of Interest

  • Far Rockaway–Mott Avenue

    0.36 miles

  • Far Rockaway

    0.38 miles

  • Inwood

    0.59 miles

  • Beach 25th Street

    0.81 miles

  • Lawrence

    0.95 miles

  • Cedarhurst

    1.70 miles

  • Beach 67th Street

    2.72 miles

  • JetBlue Terminal 5

    3.26 miles

  • Terminal 5 Pick-Up 2

    3.28 miles

  • Terminal 5 Pick-Up 3

    3.29 miles

  • Mobil

    1.61 miles

  • Shell

    1.68 miles

  • Conoco

    1.77 miles

  • BP

    3.19 miles

  • Sunoco

    3.58 miles

  • Tesla Supercharger

    3.65 miles

  • The Wave

    3.71 miles

  • Natural Gas Fueling Station

    3.96 miles

  • 110 Maple Ave Station 1

    6.81 miles

  • General Electric

    7.40 miles

  • TOH Parking Field ID I-1

    0.75 miles

  • Lawrence High School Parking Lot

    2.03 miles

  • Municipal Parking Lot H-11

    3.26 miles

  • Lot Field 6

    3.29 miles

  • Yellow Parking Garage

    3.37 miles

  • Blue Parking Garage

    3.38 miles

  • Blue Parking

    3.39 miles

  • Municipal Parking Lot H-3

    3.45 miles

  • Municipal Parking Lot H-2

    3.45 miles

  • Town of Hempstead Municipal Parking Lot H-1

    3.50 miles

  • La Quinta Inn & Suites Far Rockaway

    1.63 miles

  • Five Towns Inn

    2.03 miles

  • TWA Hotel

    3.29 miles

  • Allegria Hotel

    4.47 miles

  • The Rockaway Hotel

    4.62 miles

  • Marriott

    4.64 miles

  • JFK Inn

    4.66 miles

  • Derly

    4.70 miles

  • Super 8 Jamaica North Conduit

    4.78 miles

  • Howard Johnson Inn

    4.80 miles

  • Beach 14th Supermarket

    0.42 miles

  • Seasons Express

    0.53 miles

  • Shop Fair

    0.64 miles

  • Four Seasons

    1.33 miles

  • Stop & Shop

    1.40 miles

  • KolSave Market

    1.56 miles

  • Marshalls

    1.58 miles

  • Burlington

    1.61 miles

  • Target

    1.62 miles

  • Pioneer

    2.27 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 10-30 Neilson St