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31130466
31130468

38 Vincent St, Rockville Centre, NY 11570

JT
NY 4308582
Select Real Equity Advisors
Select Real Equity Advisors
Listed by Select Real Equity Advisors
$1,599,000
98 days on market
Updated 82 days ago

38 Vincent Street, Rockville Centre

Details
Property Type Multifamily
Sub Type Apartment Building
Units 3
Occupancy 66%
Pro-Forma Cap Rate 6.69%
Pro-Forma NOI $106,968
Year Built 1936
Year Renovated 2025
Stories 2
Acreage 0.230

Multifamily | 3 Units | Rockville Centre

Marketing description

Newly renovated three-family home centrally located near Downtown Rockville Centre. This is a rare opportunity for either an owner-occupant seeking rental income or an investor looking to expand their portfolio.

The property consists of three residential units, including a brand-new 2-bedroom dormer unit completed in 2025, a spacious 3-bedroom/1-bath unit, and a 4-bedroom/1.5-bath unit that was fully renovated in 2025.

Additional highlights include two separate and private driveways, a municipal sewer connection, and natural gas heating.

Please inquire about the current rent roll and operating expenses. Owner-financing available.

Investment highlights

-Two meters for gas heat (connection in the street) & electric, 1 water meter and 2 water heaters

-The property is located on municipal sewers

-New roof in 2025

-The 4 Bedroom unit was fully renovated in 2025 and the 2 bedroom Dormer unit was added in 2025

-Temporary CO for 2-bedroom unit has been issued, Full CO expected early spring 2026

-Both tenants have expired leases and are month to month

-Both tenants are CDC (Section 8)

Listing Contacts

JT
NY 4308582
Select Real Equity Advisors
Select Real Equity Advisors
Listed by Select Real Equity Advisors

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