11-30, 11-32, 11-34 McBride Street

Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 11-30 McBride Street, Far Rockaway, NY 11691 (the “Property”) located in the Far Rockaway neighborhood of Queens.

Built in 2023, this new construction property consists of three 3-story semi-attached multifamily buildings built on 3 lots totaling 9,275± SF. There are 9 free market units consisting of (4) 4-bedroom, (4) 3-bedroom and (1) 2-bedroom. The property is zoned R5 and located within a qualifying opportunity zone. The property will be delivered vacant. A few blocks away from the Far Rockaway [A] subway station. Seller expects to obtain TCO by year-end 2023.

Pro-Forma 9% CAP. $430 PSF for new construction.