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329 Beach 29th Street , Far Rockaway , NY 11691


























Excellent Investment Opportunity In The Heart Of Far Rockaway! Well-maintained 4-family Property Featuring One Occupied Unit Generating $3, 600/month In Rental Income And Three Vacant Units Ready For Immediate Lease-up Or Owner Occupancy. Market Rents Are Estimated At Approximately $2, 700/month Per Vacant Unit, Offering A Projected Gross Rental Income Of Up To $11, 700/month When Fully Occupied. The Property Offers Spacious Apartments With Hardwood Floors, Updated Kitchens And Baths, Abundant Natural Light, And Separate Entrances. The Building Features A Desirable Layout, Private Driveway Access, And A Large Side Yard. Conveniently Located Near Transportation, Shopping, Schools, Parks, And The Beach. Perfect For Investors Seeking Strong Cash Flow Potential Or Owner-occupants Looking To Offset Expenses With Rental Income. Vacant Units Provide Flexibility For Immediate Rent Increases And Tenant Selection. Projected Gross Rent Roll: Unit 1 (occupied): $3, 600/month Unit 2 (vacant): Approx. $2, 700/month Unit 3 (vacant): Approx. $2, 700/month Unit 4 (vacant): Approx. $2, 700/month Potential Gross Income: Approximately $11, 700/month ($140, 400/year).
| Location/Town | New York |
| Area/County | Queens |
| Post Office/Postal City | Far Rockaway |
| Prop. Type | Single Family House for Sale |
| Tax | $11,679.00 |
| Year Built | 1931 |
| Basement | Full |
| Construction | Aluminum Siding |
| Total Units | 4 |
| Lot SqFt | 3,800 |
| Cooling | None |
| Heat Source | Natural Gas |
| Util Incl | Natural Gas Available |
| Days On Market | 42 |
| Parking Features | Driveway |
| Tax Assessed Value | 145800 |
| Units | 4 |
| School District | Queens 27 |
| Middle School | August Martin High School |
| Elementary School | Goldie Maple Academy |
| High School | Epic High School North |
| Features | First floor bedroom |
| Listing information courtesy of: Royal Realty Group Inc | |