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29404197
29404196

175 beach 113th, Rockaway Park, NY 11694-2434

$1,900,000
130 days on market
Updated 30 days ago

Beach HOUSE

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,850
Net Rentable (SqFt) 3,600
Units 4
Cap Rate 4.29%
NOI $81,600
Occupancy 75%
Pro-Forma Cap Rate 5.45%
Pro-Forma NOI $103,600
Price per SqFt $494
Class A
Year Built 1 o925
Year Renovated 2009
Buildings 1
Stories 3
Lot Size (SqFt) 4,000
Zoning R5A
Parking Spaces 8 spaces
Parking Per SqFt 2.08
Investment Type Owner/User
Sale Condition For sale by owner

Multifamily | 4 Units | $475,000/unit

Marketing description

175 Beach 113th ST

Beach Block

B hi

Units: Four 3rd Floor Two bedroom $2800

No lease $

2nd floor Two One bedrooms $2000 each

No leases

Lot : 40x100 Private Driveway

Built:25x40 Three Story

3750sq ft

Zoning: R-5B

Taxes: $14250

Water & Sewer: $600 Quarter

Owner/Main Apt : 1 Bedroom 2 ½ Bathroom Duplex

1450sq ft ,Central air, Radiant heat.

4 ½ inch stranded Bamboo floors.SlateEntrance Vestibule

Main Bath Jacuzzi tub Full Slate Shower, Custom Cherry Cabinetry

Grhoe fixtures throw out.

Master bedroom bath Tumbled Marble Custom cabinetry

Full Chefs Kitchen 36 Thermador NC Range, 36 Thermador counter depth Refrigerator, Custom Cabinets

Miele Dishwasher, Zephyr 732 C.F.M. 42 range hood.

Blue Miorca glass mosaic back splash, Stella snow syle stone counter Topps, 16x16 Arun Azul Granite floor.

Bosch security system, 2 I.D. pads. Perimeter security cameras

Too Much to list

All tenant apts are equipped with

Granite Counter Tops, Under mount sinks

New appliances fridge, stove, dishwasher

Heat and hot water Laars EBT-110 Very Green.

Main apartment new heat and hot water as of 2025, 40 gallon quick recovery direct vent hot water heater, Navien tankless for radiant heat.

Property is equipped with five electric meters, one for each apt & P.L.P.

Entire buildings are sheeted with ¾ plywood and spray insulated from the inside

All windows are Marvin double hung,

With custom wood window boxes

All tenant apts have A/C sleeves trimmed to finish

All bathrooms have full tile tubs, and plate glass shower doors.

All exterior trim is Aztec P.V.C. Done to architectural standard

Fire suppression sprinkler throughout property with Siamese connection.

Entire building has 5/8 sheetrock, all baths are 5/8 cement board.

This is an amazing property

One of a kind property.

175 Beach 113th ST

Beach Block

Thank You

Seth Kadish

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$81,600.00
$6,800.00/mo

Valuation Metrics

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DSCR
4.29%
Cap Rate
4.29%
ROI

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