$10,000 Closing Credit¹
#L3567966, Listing Office: Douglas Elliman Real Estate
$1,399,000 List price
157 Bch 119th St Rockaway Park, NY 11694
$10,000
Closing credit¹
6 beds
4 full
Multi-Family
Property details
About 157 Bch 119th St
TURN-KEY INVESTOR'S DREAM – LEGAL 4-FAMILY BEACH BLOCK HOME! A rare and lucrative opportunity to own a fully renovated, income-generating 4-family property just steps from the beach! This multi-family home is completely turn-key and ready for occupancy, making it an ideal investment with a high 7.1% cap rate. All the work has been done including new mechanicals comprised of 2 HVAC systems, ductless mini splits, blown in insulation, all new electric and plumbing, beautiful new kitchens and renovated bathrooms, hardwood and tile flooring. Apartments are a 3 bedroom, 2 bedroom, 1 bedroom and a studio with tenants paying their own electric and gas heating. Parking for 4 cars. The basement is massive and features new egress windows, offering potential for additional living or rental space under the City of Yes initiative. This property is guaranteed to produce income with 4 leases, three of which are pending and one long term tenant secured. Located steps from the sandy beach, boardwalk, shops, and transportation, ensuring strong rental demand year-round.
Highlights
Home typeQuadruplex
HeatingForced Air, Electric, Heat Pump, Natural Gas
StatusActive
CoolingCentral Air, Ductless
BasementYes
Year built1929
ParkingPrivate
MLS #840846
ViewWater
Summary
- MLS Number: 840846
- MLS Name: ONEKEY2
- Office Name: ROCKAWAY PROPERTIES
- Office Phone: (718) 634-3134
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Last updated on: 4/11/2025, 3:11:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,399,000
157 Bch 119th St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Lighthouse Elementary School
Public District PK-5
4.0 mi
•180 Beach 35th St
5
P.S. 104 The Bays Water School
Public District PK-5
4.4 mi
•2601 Mott Ave
9
Wave Preparatory Elementary School
Public District PK-5
4.5 mi
•535 Briar Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $92,292. Residents of Rockaway Park, NY typically earn between $100k-200k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
28%
<35k
25%
35k-100k
45%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
7%
Single, with Kids
18%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
23%
18-34 yrs old
47%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Continuing Education Courses
Figure Skating
Where do the neighbors shop?
Nordstrom Rack
Express/Express For Men
Chico's
Where do the neighbors go to eat?
Chipotle
Qdoba
Bob Evans
What do the neighbors drive?
Mazda
Volkswagen
Oldsmobile
What do the neighbors listen to?
Rock
Urban Contemporary
News
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 157 Bch 119th St in Rockaway Park, NY and zip code 11694 in the Rockaway Park neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $1,399,000.
Over 180 listings were sold over their listed price in March 2025 in Rockaway Park, NY. In the same period over 693 listings were sold below the listed price and 763 listings were sold for the listed price. The inventory of homes for sale in Rockaway Park, NY between February and March 2025 increased by 5.1%. While the average time on the market in March 2025 was 143 days, the median list price was $869,492.
From Rocket Homes Real Estate and based on county public records data.