Skip to main content
Back to Search Results
|

308 Beach 86th Street, Rockway Beach, NY 11693

Show All 16 Photos
For Sale

$1,326,000

8 beds • 3 baths • 2,727 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $486.25
    Price per square foot

Explore this Property

LIVE. OWN. COLLECT. This stunning VACANT 3 FAMILY presents a unique investment opportunity. Enjoy luxury living in the Owner's Duplex spanning nearly 2,000 square feet, complete with an oversized side yard, parking for 3 cars, and the potential for significant rental income. This savvy investment allows you to offset your mortgage while building wealth. The Owner's Duplex Features: Three bedrooms, custom European cabinets, sleek countertops, tiled porcelain flooring, a paneled refrigerator, 6-burner gas range, dishwasher, microwave, a massive lower level with washer/dryer, a new roof and energy efficient new windows. Above the owner's duplex are two (2) beautifully renovated apartments, projected to generate (conservatively) $6,200+ in monthly rental income. Alternatively, this property offers tremendous upside for investors to capitalize on a projected 8.25% CAP RATE by renting all units and parking spaces. Tenants pay separate utilities. 3 Boilers and 3 Hot Water Heaters. There is a separate entrance to the basement. Don't miss this rare opportunity to own a magnificent multi-family with a lucrative investment opportunity.
MLS# 11402002

Courtesy Of MAVA CAPITAL HOLDINGS LLC

(516) 862-8010

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other

Map and Directions

Directions to 308 Beach 86th Street, Rockway Beach, NY 11693

Home seller CENTURY 21 Amiable Realty Group II

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Amiable Realty Group II

(718) 835-4700
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading