As exclusive agents, Cushman & Wakefield is pleased to offer for sale a 100% fee interest in East Broadway Gardens, a 25-unit garden-style apartment complex ideally located on the north side of East Broadway between Franklin Boulevard and Lincoln Boulevard in Long Beach, NY.
Positioned just steps from the iconic Long Beach Boardwalk, East Broadway Gardens comprises a mix of twenty studio apartments, four one-bedroom units, and one two-bedroom unit, all of which feature individual heating and air conditioning systems. Tenants are responsible for their own electric utilities, covering heat, lighting, and appliances, while the landlord is responsible for water. The property also offers an investor the option to operate an on-site laundry facility or contract with a major vendor.
With no rent stabilization requirements, East Broadway Gardens provides a rare investment opportunity within the high-demand Long Beach market. Its central location offers tenants direct access to the oceanfront lifestyle while being within walking distance to local shopping, dining, and entertainment options, enhancing its appeal in one of Long Island’s most desirable coastal communities.