234 Beach 124th Street
Far Rockaway, NY, 11694 $ 1,250,000
Bedrooms8 Baths6.0 Sq 4,000 Monthly Estimate*
$ 8,308
for $1,250,000 with 8 bedrooms and 6 full baths. This 4,000 square foot home was built in 1929 on a lot size of 0.09.
Welcome to this elegant 4-family brick residence, nestled in the heart of Rockaway Park's tranquil and inviting neighborhood. This property offers a dream investment opportunity and a place to call your own. Tucked away in the charming town of Rockaway Park NY, this legal 4-family home rests on a spacious 40x100 lot, providing versatility and comfort. Whether you're an investor seeking income or searching for a family home, this property is a gem with three rental units and a delightful landlord's apartment on the first floor, making it ideal for investment or comfortable family living with rental potential. Situated in a prime spot, this home is just steps away from all the fantastic amenities this vibrant neighborhood offers. You'll find yourself within easy reach of major shopping areas and a thriving community of local businesses. With the beach just a block away to the left and the bay 2 blocks to the right, you can relish the beauty of Rockaway Beach throughout the summer. Whether it's a leisurely stroll or bike ride along the boardwalk, or enjoying beach activities, Rockaway has something for everyone. From this central location, you'll have easy access to Manhattan, Brooklyn, and Staten Island. The Marine Bridge and the distant city lights create a captivating evening ambiance. This property boasts elegant brick exteriors, beautiful hardwood floors, charming stained glass details, French doors, and a cozy fireplace. The finished ceramic tiled basement with a walk-out entry adds extra convenience. The spacious 5-car driveway ensures ample parking space for residents and guests alike. The landlord's apartment on the first floor and basement features (5) bedrooms, (1) full bath, (2) 3/4 baths, a large eat-in kitchen, dining room, custom stone gas fireplace, (2) family rooms, laundry and utility room, and ample storage space. Hardwood floors and porcelain ceramic tiles add to its charm. Above the landlord's apartment, (2) separate studio rental units offer modern amenities and cozy retreats. The third floor is divided into two inviting studio apartments, perfect for comfortable living or rental income. Step into the charming backyard with its delightful outdoor kitchen, ideal for gatherings and relaxation. The spacious driveway easily accommodates at least 5 cars. BONUS- the current seller offers an assumable mortgage at 3.5%. PROPERTY CAN BE DELIVERED VACANT! Call for your private showing today.
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FeaturesGeneralArchitectural Style Colonial
High School Scholars' Academy
High School District Queens 27
Elementary School Ps/Ms 114 Belle Harbor
Middle/Junior High School Scholars' Academy
Middle/Junior School District Queens 27
Elementary School District Queens 27
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* Excluded FeaturesList ByTracy GilyutinListing Agent
Rockaway PropertiesBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,308
- Monthly Property Taxes
- $1,206
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Far Rockaway, NY
Average List Price $779,573
Percent of Sale Price 38%
About Far Rockaway, NY 70,947 Population
0% Since 2002
$ 0 Median Income
0 Median Age
41% Households with Children
Trends Information provided by ATTOM Data Solutions.
4099923 Elementary School
4100471 Middle School
Scholars' Academy High School High School
Pricing HistoryDate | Price | Price Change | Description |
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5/6/2024 | $1,250,000 | | Listed Price |