NOT LISTED FOR SALE

148 Beach 118th St Rockaway Park, NY 11694

Rockaway Park Neighborhood

Estimated Value: $923,000 - $1,253,529

6 Beds
5.5 Baths
2,075 Sq Ft
$540/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $1,195,000 $576 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,743/month

22 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Baseboard Heating
  • Wood Flooring

About This Home

As of September 2021

LIVE IN THIS BEACH BLOCK HOME AND PAY ONLY 1/3 OF YOUR MORTGAGE OR KEEP IT AS A FULLY RENTED INVESTMENT PROPERTY Impressively large 3 family brick home, 3rd from the ocean and literally steps from the beach and Rockaway boardwalk. 1st floor apt has 3 BR, one and a half baths, kitchen, living room with wood floors and a beautiful south facing sunroom flooded daily with sunshine. 2nd floor apt has 2 BR, living room, bathroom and kitchen and the 3rd floor recently updated apartment is a comfortable 1 BR with kitchen and bath. Full basement with bathroom, garden kitchen, two large rooms plus a storage room and laundry area. The home is fully rented and tenants pay their own electric and gas. Driveway can accommodate 4 cars and additional parking in the front of the home for another 2 cars. Low taxes and X zone flood ins. add to the appeal of this terrific home., Additional information: Interior Features:Lr/Dr,Separate Hotwater Heater:3

Last Agent to Sell the Property

Barbara Ferguson

ROCKAWAY PROPERTIES Brokerage Phone: 718-634-3134 License #30FE1171784 Listed on: 06/25/2021

Last Buyer's Agent

Colleen Brady

ROCKAWAY PROPERTIES License #10301221087

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,131

Year Built

  • Built in 1929

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Home Design

  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Private Parking
  • Driveway

Schools

  • Ps/Ms 114 Belle Harbor Elementary School
  • Scholars' Academy High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Wood Flooring
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas, heat

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,131

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Triplex
  • Property Condition: Actual
  • Year Built: 1929
  • Attribution Contact: 718-634-3134
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom
  • Flooring: Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 6
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 6
  • Parking Description: Private, Driveway

Utilities

  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Features: Near Public Transit, Near Shops
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 7131

MLS Schools

  • Elementary School: Ps/Ms 114 Belle Harbor
  • High School: Scholars' Academy
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Sep 17, 2021
Sold by
Brooks Christopher D
Bought by
Lally Brendan
Seller's Agent
Barbara Ferguson
ROCKAWAY PROPERTIES
Buyer's Agent
Colleen Brady
ROCKAWAY PROPERTIES
List Price
$1,225,000
Sold Price
$1,195,000
Premium/Discount to List
-$30,000
-2.45%
Current Estimated Value
$1,119,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,368
Avg. Annual Appreciation
0.11%
Original Mortgage
$836,500
Outstanding Balance
$766,113
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$433,951

Purchase Details

Closed on
Jan 12, 2017
Sold by
Buttacavoli Ronald
Bought by
Brooks Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2004
Sold by
Good Kenneth
Bought by
Buttacavoli Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
5.8%

Purchase Details

Closed on
Jan 28, 1999
Sold by
Reilly Mary
Bought by
Good Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
8%
Mortgage Type
Stand Alone First
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
Lally Brendan $1,195,000 --
Brooks Christopher D $860,000 --
Buttacavoli Ronald $515,000 --
Buttacavoli Ronald $515,000 --
Good Kenneth $152,500 Chicago Title Insurance Co
Good Kenneth $152,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lally Brendan $836,500
Previous Owner Brooks Christopher D $630,000
Previous Owner Buttacavoli Ronald $3,923
Previous Owner Buttacavoli Ronald $200,000
Previous Owner Buttacavoli Ronald $185,505
Previous Owner Buttacavoli Ronald $103,000
Previous Owner Buttacavoli Ronald $412,000
Previous Owner Good Kenneth $313,000
Previous Owner Good Kenneth $54,519
Previous Owner Good Kenneth $152,750
Previous Owner Good Kenneth $72,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $1,195,000 -2.4% $576 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $1,225,000 -- $590 / 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 $7,705 $38,362 $9,787 $28,575
2024 $7,705 $38,362 $9,946 $28,416
2023 $7,588 $37,778 $8,264 $29,514
2022 $7,115 $64,560 $13,440 $51,120
2021 $7,131 $53,520 $13,440 $40,080
2020 $6,767 $46,200 $13,440 $32,760
2019 $6,687 $45,600 $13,440 $32,160
2018 $6,418 $31,482 $13,181 $18,301
2017 $6,054 $29,700 $13,440 $16,260
2016 $5,645 $29,700 $13,440 $16,260
2015 $3,447 $26,640 $11,220 $15,420
2014 $3,447 $26,640 $11,220 $15,420
Source: Public Records

Agents Affiliated with this Home

  • Barbara Ferguson

    Seller's Agent in 2021

    Barbara Ferguson

    ROCKAWAY PROPERTIES

    (917) 671-7305

    21 in this area

    56 Total Sales

    Barbara Ferguson
    Section Image
  • Colleen Brady

    Buyer's Agent in 2021

    Colleen Brady

    ROCKAWAY PROPERTIES

    (917) 288-4180

    12 in this area

    53 Total Sales

    Colleen Brady
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3324738

OneKey® MLS

APN: 16227-0056

New York Queens County Rockaway Park 11694 Rockaway Park

148 Beach 118th St, Rockaway Park, NY

This home is located at 148 Beach 118th St, Rockaway Park, NY 11694 since 25 June 2021 and is currently estimated at $1,119,632, approximately $539 per square foot. This property was built in 1929. 148 Beach 118th St is a home located in Queens County with nearby schools including Waterside Children's Studio School, St. Francis De Sales School, and Yeshiva Of Belle Harbor.

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