121-127 Beach 26th Stre
Far Rockaway, New York
$1,200,000 Price
7 Bedrooms   5.0 Baths

121-127 Beach 26th Stre, Far Rockaway, New York

Five separate houses on an oversized lot with parking! 121-127 Beach 26th Street was built in 1931, the property has a R4-1 designation, it currently has 3000 square feet and the unused FAR according to Property Shark is 4,998. The lot is oversized measuring 100X98, it...

Five separate houses on an oversized lot with parking! 121-127 Beach 26th Street was built in 1931, the property has a R4-1 designation, it currently has 3000 square feet and the unused FAR according to Property Shark is 4,998. The lot is oversized measuring 100X98, it provides private parking and it's just off the beach with no properties in between. There are five free standing bungalows including: 121, 121A, 123, 127 and 127A. This property has a great advantage compared to other multi-families because each bungalow pays its own cooking gas, it's own heating, it's own electrical and its own hot water. There is also no common area electrical for the property and that's yet another savings for the owner. The property includes plenty of outdoor space and there is so much potential! Bring your architect and contractor to explore condo conversion possibilities, subdivision with the potential of selling off five different homes/lots, and the possibility of elevating each bungalow on stilts to reduce insurance costs. Imagine gathering five of your closest friends in a joint venture where each of you has your own private bungalow for a fraction of the price, creating a community just off the beach! Closest subway is the A Express and this property will not last!!.

Courtesy of Corcoran Group

Floorplan for 121-127 Beach 26th Stre

Floorplan for 121-127 Beach 26th Stre

Calculate your Payments

Asking Price:

Percent Down:

Loan Amount:

Interest Rate:

Loan Term (years):

Estimated Mortgage Payment:

Monthly Real Estate Tax:

Total Monthly Payment:

* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Far Rockaway, New York
Type: Townhouse
Price: $1,200,000
Re Tax: $6,912
Web ID: 1089890132

Info & Amenities

Type: Townhouse
Rooms: 17.0
Bedrooms: 7
Bathrooms: 5.0
Washer and dryer: Yes
Pets allowed: Yes