The Queens & Long Island Portfolio

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The Queens & Long Island Portfolio

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Property Type:

Multi-Family

borough:

Queens

Gross square feet:

256000

NUMBER of UNITS:

278

ZONING:

Property Description:

Raven Property Advisors has been exclusively retained to sell a nine-property multifamily portfolio located across four separate locations throughout Queens and Long Island. This unique offering consists of 278 residential units, 12 antenna installations, and 124 parking spaces, providing multiple streams of income and operational flexibility. The portfolio spans approximately 256,656 gross square feet and features a mix of elevator and garden-style apartment buildings constructed throughout the 1940s and 1950s. The properties have been well maintained under long-term ownership, resulting in strong physical condition and stable in-place operations. The existing rent roll offers meaningful upside through the burn-off of preferential rents, presenting investors with the opportunity to increase revenue over time while maintaining consistent occupancy levels.

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Contact a Raven broker about this Property
Rich Velotta
chief executive officeR
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Sam Perry
SENIOR ASSOCIATE
CONTACT

General Contact

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