175 Beach 113th Street
Property Description
Rare Multi-Family Investment Opportunity or Owner Oasis on the Beach Block. Welcome to 175 Beach 113th Street, a exceptional four-unit property situated just steps from the ocean and iconic Rockaway Boardwalk. Combining luxury coastal living with top-tier investment potential, this fully optimized multi-family residence offers an unbeatable opportunity for end-users and savvy investors alike. The Residences:First Floor (Owners) A spacious, custom-designed 2 Bedroom, 2.5 Bathroom luxury layout. Perfect for an owner-occupant seeking high-end finishes, ideal entertaining space, and beachside comfort or as a high-earning premium rental. Second Floor (Two Units): Two 1 Bedroom, 1 Bathroom apartments designed for low-turnover, maximum yield, and steady, reliable cash flow. Third Floor (Penthouse Unit): A sun-drenched 2 Bedroom, 1 Bathroom penthouse featuring dramatic high ceilings, airy coastal architecture, and serene ocean views. Highlights & Utility Configuration Custom Interior Finishes: All four residences feature high-end stone countertops, updated cabinetry, and fine craftsmanship throughout. Entire building is sheeted with 3/4 plywood and spray insulated from the inside. All windows are Marvin double hung with custom wood window boxes. All tenant apartments have A/C sleeves trimmed to finish. All bathrooms have full tile tubs and plate glass shower doors. .Turnkey Utility Separation: Designed for effortless property management with 5 Electric Meters and 4 Gas Meters, keeping operational costs transparent and minimal.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,800,000 |
| No. of Units: | 4 |
| Lot Size: | 3,750.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $450,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 5 |
ID: 3yd-BMLSNY-503683
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