131 Beach 119th Street

OCEANFRONT ELEVATOR APARTMENT IN BELLE HARBOR - ROCKAWAYS

131 BEACH 119TH STREET, BELLE HARBOR, QUEENS, NY 11694
Asking Price 8,900,000
Type Multifamily
Neighborhood Belle Harbor, Queens
Properties 1
Lot Size 8,500 SF
Zoning Code R7A
Size 35,159 SF
Stories 6
Units 43
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
Location:

Located between Belle Harbor and Rockaway Park on the Rockaway Peninsula

Property Listing Contact:

Scott Burk // Director // 800 3rd Ave., New York, NY // 212.468.5942 // sburk@meridiancapital.com