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241 Beach 118th Street

Rockaway Park, NY 11694
  • $1,499,000
  • STATUS: Active
  • ON SITE: 106 Days
  • MLS #: 485416
UPDATED: 42 min ago
$1,499,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $500
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Description

HUGE 3 family house on a 40x100 Lot with finished basement with 6 car carport/driveway. THIS IS A CASH COW! This 3 Family house is great for the right investor or user. Also, this property is located in Rockaway Park, Queens which is only: (1) 1 block to the beach, (2) 2 blocks to the subway and great restaurants and (3) Minutes away to the NYC Ferry, which goes to NYC in minutes. All tenants have their own electric meters and pay their own utilities. Seller financing may" be available for the right buyer. Property was recently renovated. Also, there are 4 levels to this huge house as follows: (1) First floor - has 3 Bedrooms with 2 bathrooms, (2) Second floor " has 4 Bedrooms with 2 bathrooms and walk out balcony and slight ocean view, (3) Third Floor " has 2 Bedrooms with 1 bathroom Basement Floor " separate laundry room for tenants to share. Also, a huge backyard for lounging around or grilling. There is too much to mention, so set up an appt and come see this great CASH COW. Real estate taxes for 2023 were only $4,624, this makes it a very attractive investment. Actual 7.00% CAP and Estimated up to 8.5% CAP, call for details.

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© 2024 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2024-12-05T10:00:36.393.
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241 Beach 118th Street Rockaway Park, NY 11694

  • Price: $1,499,000
  • Status: Active
  • On Site: 106 Days
  • Updated: 42 min ago
  • MLS #: 485416
0
Beds
4
Baths
0
½ Baths
0.09
Acres
3,000
SQFT
$500
$/SQFT
1929
Built
Neighborhood:
Queens
County:
Queens
Area:
Rockaway Park
Property Description
HUGE 3 family house on a 40x100 Lot with finished basement with 6 car carport/driveway. THIS IS A CASH COW! This 3 Family house is great for the right investor or user. Also, this property is located in Rockaway Park, Queens which is only: (1) 1 block to the beach, (2) 2 blocks to the subway and great restaurants and (3) Minutes away to the NYC Ferry, which goes to NYC in minutes. All tenants have their own electric meters and pay their own utilities. Seller financing may" be available for the right buyer. Property was recently renovated. Also, there are 4 levels to this huge house as follows: (1) First floor - has 3 Bedrooms with 2 bathrooms, (2) Second floor " has 4 Bedrooms with 2 bathrooms and walk out balcony and slight ocean view, (3) Third Floor " has 2 Bedrooms with 1 bathroom Basement Floor " separate laundry room for tenants to share. Also, a huge backyard for lounging around or grilling. There is too much to mention, so set up an appt and come see this great CASH COW. Real estate taxes for 2023 were only $4,624, this makes it a very attractive investment. Actual 7.00% CAP and Estimated up to 8.5% CAP, call for details.
Exterior Features

Building Length 48.00 Building Width 25.00 Construction Materials Other Exterior Aluminum SidingOther Lot Size Length 100 Lot Size Width 40 Parking Attributes 6+ Spaces Parking Feature Carport Roof PitchedShingleOther Yard BackSideFenced - PartialOther

Interior Features

Basement Amenities FinishedFullSeparate Entrance Building Footprint Sq Ft 1200 Flooring CarpetingCeramicConcreteHardwoodLaminateOther Foundation Details Poured ConcreteOther Heat Delivery Other

Property Features

ACUnits 3 Block 16214 Building Amenities NONE Construction Type Detached Cross Street Name Rockaway Beach Blvd Electric Other Financing 1031 ExchangeBank MortgageCash Handicap Access Unknown Heating Fuel ElectricOther Hot Water ElectricOther Lot Number 16 Lot Size Irregular YN 0 Number Of Families 3 Property Sub Type Multi-Family Property Type Residential Residential Features A/C UnitA/C Unit - WindowLaundry AreaRefrigerator Sale Type Arm's Length Tax Amount 4624.00 Transaction Type Sale Zoning R4A

Listing information © 2024 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of eXp Realty BKNY: (888) 276-0630.


© 2024 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2024-12-05T10:00:36.393.
 
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