$1,050,000
SOLD MAR 5, 2025
7 Beds
5 Baths
3,000 Sq Ft
9,800 Sq Ft Lot

Recently Sold

$350 Per Sq Ft

25% Below List Price

112 Days on Market

Highlights

  • 9,800 Sq Ft lot
  • 1-Story Property
  • 4-minute walk to Beach 30th Street Playground

About This Home

As of March 2025

Five separate houses on an oversized lot with parking! 121-127 Beach 26th Street was built in 1931, the property has a R4-1 designation, it currently has 3000 square feet and the unused FAR according to Property Shark is 4,998. The lot is oversized measuring 100X98, it provides private parking and it's just off the beach with no properties in between. There are five free standing bungalows including: 121, 121A, 123, 127 and 127A. This property has a great advantage compared to other multi-families because each bungalow pays its own cooking gas, it's own heating, it's own electrical and its own hot water. There is also no common area electrical for the property and that's yet another savings for the owner. The property includes plenty of outdoor space and there is so much potential! Bring your architect and contractor to explore condo conversion possibilities, subdivision with the potential of selling off five different homes/lots, and the possibility of elevating each bungalow on stilts to reduce insurance costs. Imagine gathering five of your closest friends in a joint venture where each of you has your own private bungalow for a fraction of the price, creating a community just off the beach! Closest subway is the A Express and this property will not last!!.

Last Agent to Sell the Property

Rodolfo Lucchese

Corcoran Group License #30LU1052045 Listed on: 10/09/2024

Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,912

Lot Details

  • 9,800 Sq Ft Lot
  • Lot Dimensions are 98.00x100.00

Home Design

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • No Cooling

Community Details

  • 5 Units
  • Far Rockaway Subdivision

Listing and Financial Details

  • Legal Lot and Block 0016 / 01824

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,912

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Far Rockaway
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 3000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 17
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 7

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 9800.0
  • Lot Size Dimensions: 98.00x100.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 5
  • Total Stories: 1

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0016
  • Tax Annual: 6912.0

Multi Family

  • Building Area Units: Square Feet

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Price Changed $1,050,000 0.0% $350 / Sq Ft
03/05/2025 03/05/25 Sold $1,050,000 -24.7% $350 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
10/09/2024 10/09/24 For Sale $1,395,000 -- $465 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11014848

Real Estate Board of New York (REBNY)

APN: 15818-0073 02