241 Beach 118th Street, Rockaway Park, NY 11694

  • $1,499,000
Active
241 Beach 118th Street, Rockaway Park, NY 11694
  • $1,499,000

Overview

Property ID: H6329525
  • Multi Family, Residential Income
  • Property Type
  • 1929
  • Year Built

Description

HUGE 3 family house on a 40×100 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.

Details

Updated on September 25, 2024 at 9:15 am
  • Property ID: H6329525
  • Price: $1,499,000
  • Land Area: 0.09 Acres
  • Garage Size: x x
  • Year Built: 1929
  • Property Type: Multi Family, Residential Income
  • Property Status: Active

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Jerry Wang
  • Jerry Wang