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175 Beach 113th St 4 Unit Apartment Building $1,900,000 ($475,000/Unit) 5.43% Cap Rate Rockaway Park, NY 11694
Investment Highlights
- Directly off of Rockaway Beach Boulevard
Executive Summary
Inquire for additional details.
Projected unit rents are $3000 for apartment 1, $2500 for apartment 2, $2500 for apartment 3 and $2800 for apartment 4.
Projected unit rents are $3000 for apartment 1, $2500 for apartment 2, $2500 for apartment 3 and $2800 for apartment 4.
Property Facts
| Price | $1,900,000 | Apartment Style | Low-Rise |
| Price Per Unit | $475,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 5.43% | Building Size | 3,750 SF |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1925/2008 |
| Property Subtype | Apartment | ||
| Zoning | R5B - Predominantly residential | ||
| Price | $1,900,000 |
| Price Per Unit | $475,000 |
| Sale Type | Investment |
| Cap Rate | 5.43% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 3,750 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1925/2008 |
| Zoning | R5B - Predominantly residential |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Bay Window
- Crown Molding
- Ice Maker
- Basement
- Deck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | 962 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $105,859 | |
| Land Assessment | $61,580 | Total Assessment | $167,439 |
Property Taxes
Parcel Numbers
Land Assessment
$61,580
Improvements Assessment
$105,859
Total Assessment
$167,439
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Presented by
Royalties 4 Ever Inc.
175 Beach 113th St
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