New York Real Estate

175 Beach 113th Street, Rockaway Park, NY 11694

[Rockaway Park Real Estate, listing number 3347258]



Description: 3347258
   Rare Multi-Family Investment Opportunity or Owner Oasis on the Beach Block. Welcome to 175 Beach 113th Street, a exceptional four-unit property situated just steps from the ocean and iconic Rockaway Boardwalk. Combining luxury coastal living with top-tier investment potential, this fully optimized multi-family residence offers an unbeatable opportunity for end-users and savvy investors alike. The Residences:First Floor (Owners) A spacious, custom-designed 2 Bedroom, 2.5 Bathroom luxury layout. Perfect for an owner-occupant seeking high-end finishes, ideal entertaining space, and beachside comfort or as a high-earning premium rental. Second Floor (Two Units): Two 1 Bedroom, 1 Bathroom apartments designed for low-turnover, maximum yield, and steady, reliable cash flow. Third Floor (Penthouse Unit): A sun-drenched 2 Bedroom, 1 Bathroom penthouse featuring dramatic high ceilings, airy coastal architecture, and serene ocean views. Highlights & Utility Configuration Custom Interior Finishes: All four residences feature high-end stone countertops, updated cabinetry, and fine craftsmanship throughout. Entire building is sheeted with 3/4 plywood and spray insulated from the inside. All windows are Marvin double hung with custom wood window boxes. All tenant apartments have A/C sleeves trimmed to finish. All bathrooms have full tile tubs and plate glass shower doors. .Turnkey Utility Separation: Designed for effortless property management with 5 Electric Meters and 4 Gas Meters, keeping operational costs transparent and minimal.

Details:
   Families: 4
   Bathrooms: 5
   Property Type: Multi-Family

Financials:
   Price: $1,800,000

 

Rockaway Properties
Melissa Carrington
Office: 718-634-3134

email: mcarrington@rockaprop.com
provided by Brooklyn Bd of Realtors

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