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Beach 118th Street
Rockaway Park, Queens, NY
$1,499,000 Price
- Bedrooms   - Baths
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Photo 1 of Beach 118th Street, Rockaway Park, Queens, NY, $1,499,000, Web #: 6329525Previous PhotoNext Photo1 of 35

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...

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.

Listing courtesy of Exp Realty

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* 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

Rockaway Park, Queens, NY
Type:
Price: $1,499,000
Web ID: 6329525

Info & Amenities

Built: 1929

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