NOT LISTED FOR SALE

Estimated Value: $1,015,000 - $1,275,104

6 Beds
5 Baths
2,346 Sq Ft
$481/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $1,230,000 $524 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,733/month

98 Days on Market

Highlights

  • Beach Front
  • 4-minute walk to Beach 98 Street
  • Property is near public transit
  • Property has ocean access
  • 0.08 Acre Lot
  • Corner Lot

About This Home

As of July 2024

INCOMPARABLE MULTI-FAMILY OCEANFRONT! Discover Your Dream Coastal Retreat in Rockaway Beach! Welcome to your slice of paradise by the sea! Nestled on the picturesque shores of Rockaway Beach, this exceptional 2-family OCEANFRONT home offers an idyllic coastal lifestyle, boasting breathtaking views of the Atlantic Ocean. With a thoughtfully designed layout and a generous lot, this property is a rare gem that combines convenience, and comfort. Wake up to the soothing sounds of the waves and savor spectacular sunrises from the comfort of your own 20'x10'deck, which overlooks the majestic Atlantic Ocean. This is waterfront living at its finest. This property is designed to accommodate the needs of multiple generations, provide income potential, or serve as a summer getaway for friends and family. Two separate living units, each with Living/Dining, large kitchens, 3 bedrooms and 2 baths make this an incredible investment opportunity. Additionally the walk in level unit of this home features a well-appointed mother-in-law suite with a private entrance. It's the perfect space for extended family members, offering both privacy and comfort. The property sits on a generous 33x100 lot, allowing for ample outdoor space. Forget about the hassle of street parking, this property offers plenty of private parking. Rockaway Beach is a vibrant community known for its beachfront charm, eclectic dining options, and a burgeoning arts scene. Enjoy the nearby boardwalk, local surf spots, and a variety of dining and entertainment venues, making it the ideal place to call home.

Last Agent to Sell the Property

Nia Casilla

ROCKAWAY PROPERTIES Brokerage Phone: 718-634-3134 License #10301208805 Listed on: 10/25/2023

Co-Listed By

Lisa Jackson

ROCKAWAY PROPERTIES Brokerage Phone: 718-634-3134 License #10311202274

Last Buyer's Agent

Nia Casilla

ROCKAWAY PROPERTIES Brokerage Phone: 718-634-3134 License #10301208805 Listed on: 10/25/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,374

Year Built

  • Built in 2000

Lot Details

  • 3,311 Sq Ft Lot
  • Lot Dimensions are 33x100.34
  • Beach Front
  • No Common Walls
  • South Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Corner Lot

Parking

  • 4 Car Attached Garage
  • Driveway

Property Views

  • Water
  • Panoramic
  • Park or Greenbelt

Home Design

  • Bi-Level Home
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,346 Sq Ft Home
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Schools

  • Scholars' Academy Middle School
  • Scholars' Academy High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Property has ocean access
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 8 / 16170
  • Assessor Parcel Number 16170-0008

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,374

Year Built

Built in 2000

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Bi-Level
  • Property SubType: Multi Family
  • Year Built: 2000
  • New Construction: No
  • Attribution Contact: 718-634-3134
  • Co List Office Mls Id: ONERKW01
  • Co List Office Phone: 718-634-3134
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2346
  • SquareFootage: 2346.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 3

Exterior Features

  • Direction Faces: South
  • Construction Materials: Frame, Vinyl Siding
  • Waterfront Features: Beach Front, Ocean Access, Water Access, Waterfront
  • Fencing: Back Yard, Fenced
  • View: Open, Park/Greenbelt, Panoramic, Other, Water
  • Exterior Features: Private Entrance
  • View YN: Yes
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Private, Attached, 4+ Car Attached, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Scholars' Academy

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 33x100.34
  • Lot Size Sq Ft: 3311
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 16170-0008
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-10-25

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6374
  • Tax Block: 16170
  • Tax Lot: 8
  • Tax Map Number: 16170-0008

MLS Schools

  • High School: Scholars' Academy
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Jul 26, 2024
Sold by
Oliva Patricia and Oliva Vito
Bought by
Shorefront 98 Llc
Seller's Agent
Nia Casilla
ROCKAWAY PROPERTIES
Buyer's Agent
Nia Casilla
ROCKAWAY PROPERTIES
List Price
$1,398,000
Sold Price
$1,230,000
Premium/Discount to List
-$168,000
-12.02%
Views
124
Current Estimated Value
$1,128,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,974
Avg. Annual Appreciation
-12.90%
Original Mortgage
$922,500
Outstanding Balance
$913,718
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$151,686

Purchase Details

Closed on
Jan 12, 2021
Sold by
Oliva Patricia
Bought by
Oliva Patricia and Oliva Vito

Purchase Details

Closed on
Dec 10, 2018
Sold by
Estate Of John C O'Neill and Patricia Oliva Executor
Bought by
Oliva Patricia

Purchase Details

Closed on
Jul 16, 2015
Sold by
O'Neill John C and Phil Conran As Guardian Of Pr
Bought by
Bronx Community Guardianship Network Inc and Phil Conran As Guardian Of Pr

Purchase Details

Closed on
Apr 24, 2012
Sold by
O'Neill John C
Bought by
Oliva Patricia

Purchase Details

Closed on
Jul 26, 2001
Sold by
Rockaway/Shore Llc
Bought by
O'Neill John C and Oliva Patricia
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shorefront 98 Llc $1,230,000 --
Oliva Patricia -- --
Oliva Patricia -- --
Oliva Patricia $150,000 --
Oliva Patricia $150,000 --
Bronx Community Guardianship Network Inc -- --
Bronx Community Guardianship Network Inc -- --
Oliva Patricia -- --
Oliva Patricia -- --
O'Neill John C -- --
O'Neill John C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shorefront 98 Llc $922,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $1,230,000 -4.7% $524 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
11/13/2023 11/13/23 Price Changed $1,290,000 -7.7% $550 / Sq Ft
10/25/2023 10/25/23 For Sale $1,398,000 -- $596 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,682 $33,523 $6,698 $26,825
2024 $6,682 $33,270 $7,265 $26,005
2023 $6,304 $31,387 $7,539 $23,848
2022 $6,014 $44,520 $12,840 $31,680
2021 $5,879 $47,640 $12,840 $34,800
2020 $5,913 $52,380 $12,840 $39,540
2019 $5,800 $48,600 $12,840 $35,760
2018 $5,034 $26,156 $8,956 $17,200
2017 $5,030 $24,676 $10,078 $14,598
2016 $4,654 $24,676 $10,078 $14,598
2015 $3,965 $27,360 $10,680 $16,680
2014 $3,965 $27,360 $10,680 $16,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3512582

OneKey® MLS

APN: 16170-0008