131 Beach 119th Street
131 Beach 119th Street
Located between Belle Harbor and Rockaway Park on the Rockaway Peninsula
Belle Harbor, Queens
Belle Harbor, Queens
OCEANFRONT ELEVATOR APARTMENT IN BELLE HARBOR - ROCKAWAYS
| Asking Pricing | $7,000,000 |
|---|---|
| Type | Multifamily |
| Neighborhood | Belle Harbor, Queens |
| Properties | 1 |
| Lot Size | 8,500 SF |
| Zoning Code | R7A |
| Size | 35,159 SF |
| Stories | 6 |
| Units | 43 Units |
| Air Rights | Overbuilt |
Investment Highlights:
- Oceanfront elevator apartment building containing 43 apartments & 13 parking spaces
- 27 of the apartments have been renovated with high-end finishes
- Highly financeable asset generating excellent cash flow
- Currently generating over $680,000 of revenue with $103,000 of preferential rent
- Excellent access to dining, shopping and mass transportation