$1,399,000

Estimated payment $8,177/month

Total Views 7,770
6 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 5,000 Sq Ft lot
  • 3-minute walk to Beach 90 Street
  • Baseboard Heating
  • Colonial Architecture
  • Resident Manager or Management On Site
  • Heating System Uses Steam

About This Home

Unique investment opportunity in the heart of Rockaway Beach! This oversized 50x100 lot features a 3-family home plus TWO detached bungalows—5 income-producing units in total. All units are fully occupied with rent-paying tenants, providing immediate and consistent cash flow.

The main building includes three well-maintained residential units, each with separate entrances and utilities. The detached bungalow offers additional privacy and rental income.

Located just minutes from the beach, public transportation, shopping, and dining, this property is ideally situated in one of the most vibrant and desirable areas of the Rockaways!

Listing Agent

Nia Casilla

Rockaway Properties Listed on: 05/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,646

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 100 x 50
  • Front Yard

Home Design

  • Colonial Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Basement Cellar

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 16134

Community Details

Building Details

  • Fuel Expense $7,126
  • Insurance Expense $3,850
  • Utility Expense $494
  • Gross Income $66,900

Additional Features

  • 5 Units
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,646

Lot Details

0

Listing Details

  • Basement Amenities: Cellar
  • Total Bathrooms: 5.00
  • Borough: Queens
  • Confirmed By M L S Y N: Yes
  • Cross Street: Holland Ave
  • Gross Lease: 66900
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard, Steam/Radiator
  • Number Of Families: 5
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Rent Income Period: 12
  • Residential Features: None
  • Building Stories: 3
  • Street Name I D X: Beach 91st
  • Street Number I D X: 181
  • Building Style: Colonial
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 5
  • Total Bedrooms: 6
  • Flooring: Carpeting, Laminate
  • Lot Sq Ft: 5000

Exterior Features

  • Yard: Front
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation Details: Block
  • Lot Number: 36
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas, Oil
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 7125.60

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 50

Rental Info

  • Rent Income: 66900

Multi Family

  • Annual Gross Expense: 21892.07
  • Annual Gross Income: 66900
  • Insurance Expense: 3850.00
  • Miscellaneous Expense: 850.00
  • Unit Count: 5
  • Annual Utility Expenses: 493.65

Tax Info

  • Flip Tax Amount: 6645.88

Map

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
06/26/2025 06/26/25 Price Changed $1,399,000 -6.7% --
05/19/2025 05/19/25 For Sale $1,499,000 -- --
Source: Brooklyn Board of REALTORS®

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Source: Brooklyn Board of REALTORS®

MLS Number: 492798

Brooklyn Board of REALTORS®

APN: 16134-0036