2-4 Holland Ave, Elmont, NY — Sale in Elmont, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Elmont, NY 11003

Photos

2-4 Holland Ave, Elmont, NY — Sale in Elmont, NY, photo 1 of 2
2-4 Holland Ave, Elmont, NY — Sale in Elmont, NY, photo 2 of 2

Investment Figures

Cap rate
4.70%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is proud to present for sale 2-4 Holland Avenue (the "Subject Property"), a five-unit multifamily property located in Elmont, New York. The property offers investors a rare chance to acquire a fully stabilized, income-producing asset in one of Nassau County's most actively transforming submarkets. The Subject Property has approximately 3,689 square feet of building area on a 0.09-acre lot. All five units are currently occupied, providing an immediate and dependable income stream from day one. Residents enjoy excellent access to transportation. The Elmont-UBS Arena LIRR station provides direct rail service to Manhattan and other parts of Long Island. The Cross Island Parkway, Southern State Parkway, and Hempstead Turnpike are all nearby. With the property's proximity to New York City, Elmont continues to draw renters seeking value compared to Queens and Brooklyn without giving up an easy commute. Investment Highlights: • Well-Maintained, Turnkey Multifamily Asset — Attractive 5-unit walk-up built in 1922, comprising 3,689 SF across two stories on a 0.09-acre lot. • Robust Demographics and Best-in-Class Schools — 367,000 residents within three miles, supported by an average household income of $143,000 within three miles — well above the national average. • Area demand drivers include the Belmont Park (the prestigious 3rd leg of the Triple Crown), UBS Arena (Home of NY Islanders), Belmont Park Village, and the Elmont-UBS Arena LIRR Station.

Market Context

This multifamily in Elmont, NY is listed for sale. It is offered at an approximate 4.7% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Elmont, NY — view the full market.

Contact

  • Mike Tuccillo

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