Apartment Acquisitions · Long Beach
Sell Your Commercial Property In Long Beach, NY
From West End to Island Park, we buy Long Beach multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: West End · Lido Beach · Island Park · Oceanside — Nassau County, NY
Local Demand
Our View On Long Beach
Long Beach is a high-income, high-rent barrier-island city. The Census Bureau's 2020–2024 American Community Survey puts its median household income at $140,739 and its median gross rent at $2,515 a month, close to HUD's FY2026 Nassau-Suffolk Fair Market Rent for a two-bedroom. About a third of occupied homes, 5,106 of 15,027, are rented.
Rentals here are spread across very different buildings: 3,910 units sit in buildings of 50 or more, while two-family houses account for another 3,246. Even with high incomes, 53.4% of renter households spend 30% or more of income on rent.
Long Beach is one of the two Nassau cities on the state's list of Emergency Tenant Protection Act municipalities, so older buildings may carry stabilized leases. Skyline Capital Investments buys apartment buildings of five or more units in Long Beach, the West End and nearby Lido Beach, Island Park and Oceanside.
High household incomes
Long Beach's median household income is $140,739 in ACS 2020–2024 estimates, supporting a median gross rent of $2,515, just under HUD's FY2026 Nassau-Suffolk two-bedroom Fair Market Rent of $2,747.South Shore hospital employment
Mount Sinai South Nassau runs a 455-bed acute-care hospital in neighboring Oceanside, serving the South Shore from the Rockaways to the Massapequa area.Large-building rental stock
Census estimates count 3,910 housing units in Long Beach buildings of 50 or more units and 1,586 in buildings of 20 to 49, about a third of the city's homes.Our Buy Box
What We Buy In Long Beach
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Long Beach Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Long Beach
Long Beach had 34,756 residents and 15,027 occupied homes in the ACS 2020–2024 estimates. Owners held 9,921 and renters 5,106. Of 16,630 housing units, 1,603 were not occupied as a primary residence at survey time, a group that includes vacant and seasonal homes. The median household income was $140,739, yet 53.4% of renter households pay 30% or more of income on rent and utilities, and about 1,199 pay half or more. Health care is the nearest large employer base: Mount Sinai South Nassau operates a 455-bed acute-care hospital in neighboring Oceanside and serves a South Shore area running from the Rockaways in Queens to Massapequa.
The apartment stock
The city's housing splits three ways (table B25024):
| Building size | Housing units | Share |
|---|---|---|
| Single-family | 6,502 | 39.1% |
| 2 to 4 units | 3,647 | 21.9% |
| 5 to 19 units | 910 | 5.5% |
| 20 to 49 units | 1,586 | 9.5% |
| 50 or more units | 3,910 | 23.5% |
Mid-size walk-ups are scarce: buildings of 5 to 19 units hold just 910 units, so a five- to 19-unit property has few direct comparables. The median home dates to 1961; 3,696 units were built in the 1960s and 3,785 before 1940, while 890 date from 2010 or later.
Rents and HUD benchmarks
The $2,515 median rent sits between HUD's FY2026 Nassau-Suffolk one-bedroom FMR of $2,379 and two-bedroom FMR of $2,747 (HUD). The HUD benchmarks therefore sit close to what the typical Long Beach renter already pays, leaving less headroom above market for voucher-based leases than in lower-rent parts of the county.
Rent rules and taxes
HCR's Office of Rent Administration lists the City of Long Beach as an ETPA municipality; stabilized units must be registered annually and follow rent guidelines board increases (HCR). Long Beach was not on HCR's Good Cause opt-in list as of May 4, 2026 (HCR). Nassau County's next tentative roll is set for January 4, 2027, with appeals to the Assessment Review Commission due by March 1, 2027, and the city keeps its own tax assessor. A sale carries the state's 0.4% transfer tax, paid by the seller (NYS Tax Department); deposits are capped at one month's rent and must be returned with an itemized statement within 14 days after a tenant leaves (GOL § 7-108). Nonpayment cases require a written 14-day rent demand first (RPAPL § 711).
What this means if you own a building here
Buyers will check which units are stabilized, how the building fared in past storms and what flood-related capital work has been done, then underwrite on in-place rents. Skyline Capital Investments buys 5+ unit buildings in Long Beach; test value with our cap rate calculator, plan a 1031 exchange, or request an offer.
Before You Sell
Selling In Long Beach
Planning to sell commercial property in Long Beach, NY? These are the factors that shape our offer.
More about selling in New York →Investing in Long Beach? See apartment syndications in Long Beach →
- HCR lists the City of Long Beach as an ETPA municipality, so older multi-unit buildings, generally built before 1974, can hold stabilized units registered with the state and limited to board-set increases.
- Long Beach was not on HCR's list of municipalities that had opted into Good Cause Eviction as of May 4, 2026, so the law covers unregulated units here only if the city has opted in since.
- Nassau County's next tentative assessment roll is set for January 4, 2027, with appeals to its Assessment Review Commission due by March 1, 2027; the city also keeps its own tax assessor.
Seller Guides
Selling A Building In Long Beach
Learn More
Taxes & Rules For Long Beach Property
The New York rules that shape any deal in Long Beach: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Long Beach Seller FAQ
What is the average rent in Long Beach, NY?
The Census Bureau's ACS 2020–2024 estimate puts Long Beach's median gross rent, including utilities, at $2,515 a month. HUD's FY2026 Fair Market Rents for the Nassau-Suffolk area are $2,379 for a one-bedroom and $2,747 for a two-bedroom.
Does Long Beach have rent stabilization?
Yes. New York's Homes and Community Renewal lists the City of Long Beach among the Nassau County municipalities that adopted the Emergency Tenant Protection Act. Covered units, generally in older multi-unit buildings built before 1974, must be registered with the state, and increases follow a rent guidelines board.
What share of Long Beach residents rent?
About 34.0%. The ACS 2020–2024 estimate counts 5,106 renter-occupied homes out of 15,027 occupied homes. Some 53.4% of renter households pay 30% or more of income on rent, and 23.5%, about 1,199 households, pay half or more.
How old is the Long Beach housing stock?
The median year built is 1961. The 1960s were the largest decade, with 3,696 units, and 3,785 units predate 1940. Only 890 units were built in 2010 or later, according to ACS 2020–2024 estimates.
What if my Long Beach building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
Do you work with Long Beach brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Long Beach, and we keep every conversation confidential.
Who buys occupied rental property in Long Beach?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
Do I need a broker to sell my apartment building in Long Beach?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Tell Us About Your Property In Long Beach
To sell commercial property in Long Beach, NY without listing it, share a few details below.
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
