$1,499,000 ($499.67 per sqft)

Est. Mortgage $7,481/mo *

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241 Beach 118th Street, Queens, (Rockaway Park), NY, 11694

241 Beach 118th Street, Queens, (Rockaway Park), NY, 11694

0 beds

1929

See Remarks

3,000 sqft

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.


Status:

Active

Town:

Queens

Type:

Multi-family

Units:

3

Heating:

Electric, See Remarks

Cooling:

Ductless

Basement:

Finished, Full, See Remarks

Parking:

Carport, Other

Acreage:

0.09

Est. Taxes:

$4,624

Assessment

$64,380

Elementary School:

Call Listing Agent

Middle School:

Call Listing Agent

High School:

Call Listing Agent

School District:

Community District 24

MLS #:

H6329525


Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of eXp Realty 917-532-5501