Rockaway Park

Address: ‎157 Beach 119 Street

Zip Code: 11694

4 fam, 6 bed, 4 bath

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$1,399,000

MLS # 840846

English

Broker Contact

ROCKAWAY PROPERTIES Office: ‍718-634-3134

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MLS #‎ 840846
Details4 fam, 6 bed, 4 bath, AC, Lot Size: 0.07 acres, 4 Units in the building
(DOM): 5 days
Construction Year1929
Taxes
(per year)
$12,032
Fuel TypeGas
Heat typeHot air
Air
Conditioning
Central Air
BasementFull basement
Bus2 min: Q22
3 min: QM16
4 min: Q35, Q53
Subway6 min: A, S
LIRR5.1 miles: "Far Rockaway"
5.5 miles: "Inwood"

Home price

$1,399,000

Loan amt (per month)

$5,306

Down payment

$559,600

Interest Rate
Length of Loan

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房屋英文概況 English Description

TURN-KEY INVESTOR'S DREAM – LEGAL 4-FAMILY BEACH BLOCK HOME! A rare and lucrative opportunity to own a fully renovated, income-generating 4-family property just steps from the beach! This multi-family home is completely turn-key and ready for occupancy, making it an ideal investment with a high 7.1% cap rate. All the work has been done including new mechanicals comprised of 2 HVAC systems, ductless mini splits, blown in insulation, all new electric and plumbing, beautiful new kitchens and renovated bathrooms, hardwood and tile flooring. Apartments are a 3 bedroom, 2 bedroom, 1 bedroom and a studio with tenants paying their own electric and gas heating. Parking for 4 cars. The basement is massive and features new egress windows, offering potential for additional living or rental space under the City of Yes initiative. This property is guaranteed to produce income with 4 leases, three of which are pending and one long term tenant secured. Located steps from the sandy beach, boardwalk, shops, and transportation, ensuring strong rental demand year-round. © 2024 OneKey™ MLS, LLC

Courtesy of ROCKAWAY PROPERTIES

公司: ‍718-634-3134




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$1,399,000

MLS # 840846
‎157 Beach 119 Street
Rockaway Park, NY 11694
4 fam, 6 bed, 4 bath


Listing Agent(s):‎
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Office: ‍718-634-3134

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