About This Home

This 0-bedroom, 0-bathroom residential multi family at 531 E Broadway in Long Beach, NY is listed for $2,500,000. Built in 1955, on a 0.09 acres lot.

Key Features

  • Built in 1955
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
1955

Amenities

A/C
Listing Description

Welcome to 532 E Broadway, a six-unit multi-family building comprised of three studio apartments and three one-bedroom apartments, ideally situated in the heart of Long Beach. Built in 1955 and offering approximately 3,556 gross square feet across two stories, the property presents a compelling opportunity for investors seeking a well-located, income-producing asset just moments from the beach and boardwalk.

The building's residences feature comfortable, light-filled layouts with hardwood flooring, private outdoor space, and functional kitchens. Utilities are individually metered by unit, simplifying operations and expenses for ownership. With low property taxes relative to the area and a location prized by both year round residents and seasonal renters, 532 E Broadway offers a rare combination of coastal lifestyle and long-term investment value.

Monthly Cost Estimate

$13,371/mo

20% down · 6.5% · 30 years

Principal$1,808
Interest$10,833
Insurance$729

Estimates only. Actual payments may vary.

Location

531 E Broadway

Long Beach, NY 11561

Property Details

Construction

Stone

Parking

On Street

Heating

Baseboard

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 531 E Broadway is listed at $2,500,000. The estimated monthly payment is $13,370 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1955, 0.09 acre lot, 2 stories.

This property is listed by Darren Desrameaux and can be reached at 6464690799.

DD

Darren Desrameaux

Agent at Douglas Elliman Real Estate

(646) 469-0799

Listed by Douglas Elliman Real Estate

MLS# 1021226· Source: listhub· 15 days on market

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531 E Broadway, Long Beach, NY 11561

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