New York, NY 11694

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 7 BR
Bathrooms: 6
Lot Size: 0.1 Acres

Financials

Price:$1,800,000
Annual Taxes:$14,250
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of RE/MAX ELITE

Rare Multi Family Investment Opportunity or Owner Oasis on the Beach Block.

Description

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.

Amenities

  • Back Yard
  • Beach Access
  • Chefs Kitchen
  • Family Room
  • First Floor Bedroom
  • Front Yard
  • Granite Counters
  • Level
  • Mailbox
  • Natural Woodwork
  • Neighborhood
  • Ocean Access
  • Paved
  • Rain Gutters
  • Smoke Detectors
  • Trash Collection Public
  • Video Cameras
  • Water
  • Wood Frames

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.