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241 Beach 118th Street

Rockaway Park, NY 11694

– beds
– baths
3,000 sqft
4,000 sqft lot
$499 per sqft
1929 build
– on site

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 ONEKEY / eXp Realty

Last checked: Checking… • Last updated Nov 16, 2024 •

MLS# H6329525 —

The Building

Year Built:

1929
Year Built Effective:

2023
Architectural Style:

See Remarks
Basement:

Finished, Full, See Remarks
Common Walls:

No Common Walls
Building Area Units:

Square Feet

Room Dimensions

Living Area:

3000
Living Area Units:

Square Feet

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Property Attached:

false
Lot Size Acres:

0.09
Lot Size Area:

0.09
Lot Size SqFt:

4000
Lot Size Units:

Acres
Lot Size Source:

Other
Parcel Number:

16214-0016
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Map Number:

16214-0016
Tax Annual Amount:

4624
Tax Assessed Value:

64380

Heating & Cooling

Heating:

Electric, See Remarks
Cooling:

Ductless
Cooling:

true

Utilities

Sewer:

Public Sewer
Water Source:

See Remarks

Schools

Elementary School:

Call Listing Agent
Elementary School District:

Queens 24
Middle Or Junior School:

Call Listing Agent
Middle Or Junior School District:

Queens 24
High School:

Call Listing Agent
High School District:

Queens 24

The Community

Senior Community:

false

Parking

Garage:

false
Attached Garage:

false
Parking Features:

Carport, Other

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/24/24 Sep 24, 2024	Listed / Active	ONEKEY	$1,499,000

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This multifamily located in Rockaway Peninsula, New York, NY 11694 is currently for sale for $1,499,000. 241 Beach 118th Street is a 3,000 square foot multifamily with – beds and – baths that has been on Estately for 60 days. 241 Beach 118th Street is in the Rockaway Peninsula neighborhood of New York and has a WalkScore® of 88, making it very walkable.

Listing Courtesy of: ONEKEY and eXp Realty.

IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.