1470 Egmont Place, Far Rockaway, NY 11691

36 Photos
 
$950,000 Sold Price
Sold on 2/20/2024
 
Listing ID 11225683
Property Type Multi-Unit (2-4)
County Queens
Township Queens
Neighborhood Far Rockaway
Total Tax $7,031
Tax ID 15684-0035
FEMA Flood Map fema.gov/portal
Year Built 1960
   
Virtual Tour

Fully Renovated Vacant 2 Family Home in Far Rockaway

The subject property 80'x167' is a fully renovated 2,800 sqft multi-family home located in Far Rockaway, Queens. The home consists of 2 residential units set up 3 Bedrooms & 2 Bathrooms on both floors. This home has been fully renovated with new plumbing, electrical, spray foam, windows, flooring, Indoor and outdoor 3 way speaker system, Smart Heat & A/C System, and Stainless Steel appliances. The home sits on a 13,500 sqft lot with unused development rights of 4,725 sqft. A 500 sqft garage & shed is located on the premises as well. Prime Location: This multifamily building in Far Rockaway, Queens, presents a prime investment opportunity. Far Rockaway is well-known for its historic charm, cultural vibrancy, and it's convenient location near downtown Brooklyn and Manhattan, making it an enticing choice for residents and savvy investors alike. Appreciation Potential: In recent years, property values in Far Rockaway have shown remarkable appreciation. Embarking on this project presents a valuable opportunity to align with the neighborhood's thriving growth and the rising demand for premium housing solutions. Excellent Connectivity: Located in Far Rockaway, the property provides excellent connectivity to subway access, which simplifies residents' commutes to Manhattan and various Brooklyn destinations. Convenient transportation options, such as the Rockaway-Mott Av [A] Subway Station, are accessible. This factor further enhance the property's appeal, making it an attractive option for potential tenants or buyers. This prime location amplifies the property's desirability and market potential. Proximity to Amenities: Residents and tenants will enjoy easy access to local amenities, including shops, restaurants, parks, and colleges. This property is conveniently located near Frederick Douglas Academy Vi High School (0.7 miles) and Village Academy (1 mile). You can also enjoy leisure activities at Point Breeze Place, hiking area and Bayswater Point State Park, state park. For your everyday needs, you'll find Popeyes Louisiana Kitchen, Rockaway Kosher Supermarket, Key Food Supermarkets, Friendly Pharmacy, Domino's Pizza, Dunkin, Chase Bank and the popular dining option McDonald's nearby. There's Sorrentino Recreation Center, and Beach 9th Street Playground ready to support a healthy lifestyle. For entertainment, This property offer a well-rounded lifestyle with education, recreation, and everyday conveniences right at your doorstep, making them an attractive choice for buyers.
Property Details
  • 6 Total Bedrooms
  • 4 Full Baths
  • 2800 SF
  • 0.31 Acres
  • 13500 SF Lot
  • Built in 1960
  • Renovated 2023
  • 3 Stories
  • Available 11/22/2023
  • High Ranch Style
  • Full Basement
  • 1400 Lower Level SF
  • Lower Level: Finished, Walk Out, Kitchen
  • 3 Lower Level Bedrooms
  • 2 Lower Level Bathrooms
  • Lower Level Kitchen
  • Renovation: Full gut renovation has been completed throughout the home. New plumbing, electrical, windows, new appliances.
Interior Features
  • Open Kitchen
  • Quartz Kitchen Counter
  • Oven/Range
  • Refrigerator
  • Dishwasher
  • Microwave
  • Garbage Disposal
  • Washer
  • Dryer
  • Stainless Steel
  • Stone Flooring
  • Living Room
  • Family Room
  • Kitchen
  • Laundry
  • First Floor Primary Bedroom
  • First Floor Bathroom
  • Forced Air
  • 8 Heat/AC Zones
  • Electric Fuel
  • Natural Gas Avail
  • Wall/Window A/C
  • 220 Amps
Exterior Features
  • Frame Construction
  • Brick Siding
  • Vinyl Siding
  • Stone Siding
  • Asphalt Shingles Roof
  • Detached Garage
  • Municipal Water
  • Municipal Sewer
  • Patio
  • Fence
  • Enclosed Porch
  • Room For Pool
  • Cul de Sac
  • Driveway
  • Trees
  • Shed
  • Street View
Taxes and Fees
  • $7,031 City Tax
  • $7,031 Total Tax
  • Tax Year 2024
Sale Information
  • Sold on 2/20/2024
  • Sold for $950,000
  • Buyer's Agent: Mordechai Dornbush
  • Company: Coldwell Bankers
Previously Listed By
ASSET CRG ADVISORS LLC
Office: 646-363-6213
Isaac Matayev
ASSET CRG ADVISORS LLC
Office: 646-389-1130
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