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Executive Summary

This Property is a Unique investment opportunity. he Property is a 42 X 100 Lot with 3 structures on it. The first House has 6Rooms 3 Bedrooms 1 Bath. The second House has 2 Unit. The first floor has 6 Rooms 3 Bedrooms 1 Bath. The second floor has 4 Rooms 2 Bedrooms and 1 bath. The rear House has a 6 Room 3 Bedroom and 1 Bath.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes $8,830 $2.92
Operating Expenses - -
Total Expenses $8,830 $2.92

Financial Summary (Actual - 2023)

Taxes
Annual $8,830
Annual Per SF $2.92
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $8,830
Annual Per SF $2.92

Property Facts Under Contract

Price $899,000
Price Per Unit $224,750
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.10 AC
Building Size 3,019 SF
No. Stories 2
Year Built 1915
Zoning R4-1
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100

Property Taxes

Property Taxes

Parcel Number
16119-0025
Land Assessment
$20,000 (2025)
Improvements Assessment
$63,954 (2025)
Total Assessment
$83,954 (2025)
Annual Taxes
$8,830 ($2.92/SF)
Tax Year
2023
  • Listing ID: 31192723

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 314 Beach 88th St, Rockaway Beach, NY 11693

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