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$1,200,000

Beds
7
Baths
5.0
sq ft
3,000

121-127 Bch 26th St, Far Rockaway, NY 11691

121-127 Bch 26th St

New York City, NY 11691

  • 75 days on market
    • Price drop $195,000↓
Five separate houses on an oversized lot with parking! 121-127 Beach 26th Street was built in 1931, the property has a R4-1 designation, it currently has 3000 square feet and the unused FAR according to Property Shark is 4,998. The lot is oversized measuring 100X98, it provides private parking and it's just off the beach with no properties in between. There are five free standing bungalows including: 121, 121A, 123, 127 and 127A. This property has a great advantage compared to other multi-families because each bungalow pays its own cooking gas, it's own heating, it's own electrical and its own hot water. There is also no common area electrical for the property and that's yet another savings for the owner. The property includes plenty of outdoor space and there is so much potential! Bring your architect and contractor to explore condo conversion possibilities, subdivision with the potential of selling off five different homes/lots, and the possibility of elevating each bungalow on stilts to reduce insurance costs. Imagine gathering five of your closest friends in a joint venture where each of you has your own private bungalow for a fraction of the price, creating a community just off the beach! Closest subway is the A Express and this property will not last!!.

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

$400

Year built

Unknown

Annual property taxes

$6,912

Price History

12/05/2024
REBNY

REBNY #RPLU-33423221829

Price change
$1,200,000
-13.98%
10/09/2024
REBNY

REBNY #RPLU-33423221829

Listed
$1,395,000

Schools & Community

Neighborhood: 

Far Rockaway

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 12/23/2024 at 9:45 AM

Listing updated: 12/05/2024 at 4:06 PM

Listed by: Rodolfo Lucchese, Corcoran Group Phone #: (212) 355-3550

MLS: REBNY #RPLU-33423221829

REBNY logo

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