See all 35 photos
$1,499,000
Est. payment /mo
3,000 SqFt
Active
241 Beach 118th ST Rockaway Park, NY 11694
UPDATED:
09/25/2024 09:15 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $499
MLS Listing ID H6329525
Style See Remarks
Originating Board onekey
Rental Info No
Year Built 1929
Annual Tax Amount $4,624
Lot Size 3,920 Sqft
Acres 0.09
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.
Location
State NY
County Queens
Rooms
Basement Finished, Full, See Remarks
Interior
Heating Electric, See Remarks
Cooling Ductless
Fireplace No
Exterior
Garage Carport, Other
Parking Type Carport, Other
Garage false
Building
Sewer Public Sewer
Water See Remarks
Schools
Elementary Schools Call Listing Agent
Middle Schools Call Listing Agent
High Schools Call Listing Agent
School District Queens 24
Others
Senior Community No
Special Listing Condition None
Listed by eXp Realty • 917-532-5501