Skip main navigation
Sold for $750,000 on 04/26/24
  • $750,000

    1124 Foam Pl, Far Rockaway, NY 11691

    4beds
    4,800sqft
    MultiFamily
    Built in 2008
    -- sqft lot
    $1,229,400 Zestimate®
    $156/sqft
    $4,212 Estimated rent

    What's special

    Amazing investment opportunity with 4 units of rental income with a net operating income of $112,950 ($136,692 in rental income & $23,742 in expenses). One of the greatest features of this building is 3 separate heating systems, 3 gas meters, and 3 electric meters so owner has zero utility expenses! The first floor of this 4,800 square foot building is a large well kept doctors office with a waiting room, a receptionist room, 5 possible exam rooms, and a half bathroom. Also on the first floor is a medical laboratory with its own separate entrance, a waiting room, an exam room, and a half bath. On the 2nd floor are two, 2 bedroom apartments both in mint condition. There is parking for at least 6 cars in the front while there is also two private driveways on each side of the building. There is also a large well kept backyard.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Interior area
    • Total interior livable area: 4,800 sqft

    Property

    Lot
    • Size: 5,650 sqft
    Details
    • Parcel number: 155450010

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 2008

    Community & neighborhood

    Location
    • Region: Far Rockaway

    Other

    Other facts
    • A C \ Allow
    • Accessibility \ HANDI ACSS \ Y
    • BSMT \ None
    • CARPET \ Allow
    • CLASS \ Ren
    • COUNTY \ Queens
    • Cable TV Ready
    • ELEC \ Inc
    • FENCE \ Y
    • GARB REMOV \ Inc
    • GAS \ Inc
    • HANDI ACSS \ Y
    • Heating and Cooling \ A C \ Allow
    • KIT \ None
    • LEASE \ Y
    • Location \ COUNTY \ Queens
    • MLS Listing ID: 2919638
    • MLS Name: MLSLI ZDD (MLSLI ZDD)
    • Other Exterior Features \ FENCE \ Y
    • Other \ CLASS \ Ren
    • Other \ LEASE \ Y
    • Other \ PVT ENT \ Y
    • Other \ SEASONAL OR YEAR ROUND RENTAL \ Year Round
    • Other \ STE \ NY
    • Other \ ZN \ 13
    • PVT ENT \ Y
    • SEASONAL OR YEAR ROUND RENTAL \ Year Round
    • STE \ NY
    • STYLE \ Mixed Use
    • School District: Community District 14
    • Type and Style \ STYLE \ Mixed Use
    • Utilities \ ELEC \ Inc
    • Utilities \ GARB REMOV \ Inc
    • Utilities \ GAS \ Inc
    • WATER \ Inc
    • Water \ WATER \ Inc
    • ZN \ 13
    Services availability