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224 Beach 100th Street
House in Rockaway All •  building info
10bd • 10ba • 5,000ft² $400 per ft²
Sold price

$1,999,999

Key Details
Days on market
344
Last price change
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Estimated payment
$12,181
Taxes
$804
Monthly maintenance
N/A
Description
Own a piece of history! This private courtyard of 10 year round bungalows were built by George C Tilyou the creator of Steeplechase Park in Coney Island and Rockaway Playland. These are 10 completely renovated bungalow studios with lofts. Each unit has bamboo flooring and boasts individual energy efficient wall hung boilers with hot water on demand. ALL updated appliances and requires very little maintenance. Tenants pay all utilities. Fully rented with a waiting list. These units are all located on a NYC recognized court named Steeplechase Court. Great cash flow with very low expenses. There are not many historic bungalows left and this is a chance to own an entire courtyard. Located just a block from the beach and around the corner from the A-Train. Additional Amenities: Refrigerator, Tankless Water Heater, Cathedral Ceiling(s)

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Building Amenities
Parking Available
History
What it'll cost
Purchase price
$1,999,000
Asking Price: $1,999,999
Term
30 Years
Down Payment
$199,000 (10%)
Min: 10% (199,000)
Rate
6.5 %
Mortgage Amount
$1,799,999
Mortgage Payment
$11,377
Taxes
$804
Estimated closing cost
$70,000
Total monthly cost $12,181
Listing Courtesy of RE/MAX Elite

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