NY > Rockaway Park
Rockaway Park, NY 11694,157 Beach 119 ST
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Rockaway Park, NY 11694,157 Beach 119 ST
Rockaway Park, NY 11694,157 Beach 119 ST
Rockaway Park, NY 11694,157 Beach 119 ST
Rockaway Park, NY 11694,157 Beach 119 ST
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Kevin Leatherman

Kevin Leatherman

+1(516) 984-1815
$ 1,399,000
Est. payment /mo
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Active

157 Beach 119 ST Rockaway Park, NY 11694

6 Beds

4 Baths

UPDATED:

Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY840846

Bedrooms 6

Full Baths 4

Originating Board onekey2

Rental Info No

Year Built 1929

Annual Tax Amount $12,032

Lot Dimensions 30x100

Property Sub-Type Quadruplex

Property 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.

Location

State NY

County Queens

Rooms

Basement Full, Walk-Out Access

Interior

Interior Features First Floor Bedroom

Heating Ducts, Electric, Forced Air, Heat Pump, Hot Air, Natural Gas

Cooling Central Air, Ductless

Fireplace No

Exterior

Parking Features Private

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

View Water

Total Parking Spaces 4

Garage false

Building

Lot Description City Lot, Near Public Transit, Near School, Near Shops

Sewer Public Sewer

Water Public

Structure Type Blown-In Insulation,Brick

Schools

Elementary Schools Waterside Children'S Studio School

Middle Schools Scholars' Academy

High Schools Scholars' Academy

School District Queens 27

Others

Senior Community No

Special Listing Condition None

Listed by ROCKAWAY PROPERTIES
agent

Kevin Leatherman

Real Estate Broker | SURF-31LE1175078

+1(516) 984-1815

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157 Beach 119 ST

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