Description
Amazing opportunity to own a grand old home in the heart of Rockaway Beach. This HPD Legal SRO on a 50x100 lot consists of 16 bedroom, 9 baths, 2 car garage and a long private driveway large enough to park 5 cars. 15% Cap Rate Lock & Approx. $132,000 gross income. Would make an amazing bed and breakfast in this small enclave of artists, surfers and musicians. Close to the beach, boardwalk, trendy shops/restaurants & local/express transportation to NYC. Just 30 minutes to JFK International airport. All data and information set forth must verified with buyer due diligence. Home sold ''as is'' w/ violations and existing tenants.Taxed as 2 family, all cash purchase only, No C of O.
