Rockaway Park, NY 11694,241 Beach 118th ST
Rockaway Park, NY 11694,241 Beach 118th ST
Rockaway Park, NY 11694,241 Beach 118th ST
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$1,499,000
Est. payment /mo
3,000 SqFt
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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


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Listed by eXp Realty • 917-532-5501

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Randy Reis

+1(917) 336-1118

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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