Multifamily Elmont, NY
Investment Highlights
Prime Elmont NY , close to schools, shopping centers, transportation, and major roads. Single-family development opportunity w/ approved plans for a 4-bedroom, 3-bathroom residence / full finished basement and 4,560 SF lot. Demolition permits and project preparations reported and ready. Estimated Construction Cost: ~$550k. ARV: $1.55M–$1.65M. Asking 665k.
Location
📍 Elmont, NY
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Who finances deals like this
The lenders with the most recorded multifamily mortgages in Manhattan since 2021, from public ACRIS filings.
- National Consumer Cooperative Bank — 614 loans, typically $475K–$1.6M
- Apple Bank For Savings — 162 loans, typically $500K–$2.47M
- Webster Bank, National Association — 127 loans, typically $631K–$6.02M
- Fcr Dc Jv Holdings LLC — 42 loans, typically $497K–$2.55M
- Valley National Bank — 197 loans, typically $500K–$2.94M
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