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. All exterior trim is Aztec PVC done to architectural standard. Fire suppression sprinkler throughout property with Siamese conn. Entire building has 5/8 sheetrock, all baths are 5/8 cement board. Heat and hot water supplied by Laars EBT-110 Heat makers, Very Green. 4 1/2 stranded bamboo floors, slate entrance vestibule, main bath jacuzzi tub, full slate shower, custom cherry cabinetry. Ghroe fixtures throughout. Primary Bedroom bath tumbled, marble custom cabinetry. Blue Miorca glass mosaic back splash, Stella snow style stone counter Topps, 16x16 Arun Azul Granite floor. Bosch security system, 2 I.D. pads. Perimeter security cameras
Turnkey Utility Separation: Designed for effortless property management with 5 Electric Meters and 4 Gas Meters, keeping operational costs transparent and minimal.