192 Beach 102nd - 23,617 sf

192 Beach 102nd - 23,617 sf

Rockaway Park, Queens Investment Property

Description

New construction, rent stabilized multi-family with 421A Tax Abatement. NOI approximately $300k - great income producing asset and 1031 candidate. Subway location, short distance to beach and promenade.

Documents

Location

Address
192 Beach 102nd , Rockaway Pk, Queens, NY 11694
Block
16174
Lot
22
Subway
A S

Sq Ft

Available Space
23,617 sf
Plot
9,585 sf
Total Units
22

Financials

Asking Sale
$5,200,000.00
Taxes
$16,637.00

Construction

Use
Investment Investment-Residential
Bldg Type
Multi-story
Stories
4
Zone
R5D
FAR
2

Image Gallery

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Location

A
S

Zoning

R5D Zone

R-zones are intended for residential development, encompassing a wide range of housing types from single-family homes to apartment buildings. These zones are regulated by zoning laws to ensure that residential buildings meet specific density, height, and setback requirements to maintain neighborhood character and quality of life.

Typical Uses

Lower density developments such as detached or semi-detached single-family homes, townhouses, and low-rise apartment buildings.