241 Beach 118th Street, Rockaway Park NY 11694

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$1,499,000

241 Beach 118th Street, Rockaway Park, NY 11694

bedrooms

bathrooms

square feet

3,000

Acreage

Open Houses

year built

1929

Full Baths

Half Baths

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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
Subdivision	-
County	Queens
Elementary School	Contact Agent
Middle School	Call Listing Agent
High School	Contact Agent

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MLS number: H6329525

Listing agent: Aaron Ivatorov #10301222307

Listing broker: Exp Realty Llc (888) 276-0630

Last update: Tuesday, January 14 2025 at 11:31 p.m. EST

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