Buy with Yoreevo
$2,534,849
List Price: $2,579,999
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188 Beach 123rd Street
House in Rockaway All •  building info
studio • 6,000ft² $430 per ft²
Buy with Yoreevo

$2,534,849

List Price

$2,579,999

Key Details
Days on market
81
Last price change
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Estimated payment
$15,745/mo
Taxes
$1,448/mo
Maintenance
N/A
Description
Welcome to Belle Harbor, one of Rockaway Beach’s sought-after neighborhoods. Perfectly positioned on a quiet beach block just steps from the sand and surf, this six-unit multifamily property offers both charm and investment potential. This property features a mix of three 2-bedroom apartments, two 1-bedroom apartments, and one studio, creating a balanced layout that appeals to both long-term tenants and short-term rental strategies. The partially finished basement includes an outside separate entrance (OSE), laundry area, storage space, and a bonus room, offering added functionality for tenants or management use. Outdoors, enjoy a beautiful backyard complete with an outdoor shower—perfect for beach days, along with a detached garage and double driveway. In Belle Harbor, parking is an invaluable amenity, and this property provides ample space for residents and guests alike. Rockaway Beach is experiencing continuous growth with new residential developments, restaurants, and easy access to the NYC Ferry. Whether you’re looking to expand your portfolio or secure a stable income-producing property, this six-family home delivers the ideal blend of location, reliability, and upside potential.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,579,000
Asking Price: $2,579,999
Term
30 Years
Down Payment
$257,000 (10%)
Min: 10% (257,000)
Rate
6.25 %
Mortgage Amount
$2,321,999
Mortgage Payment
$14,297
Taxes
$1,448
Estimated Yoreevo rebate
$45,150
Estimated closing cost
$94,000
Total monthly cost $15,745
Buy your dream home with us and get an estimated $45,150 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Keller WIlliams Realty Liberty

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