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157 Beach 96th Street,
Queens, NY

Closed
$2,900,000
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Overview

Bankruptcy Sale

157 Beach 96th Street,
Queens, NY

3 4540

Description

STALLED CONSTRUCTION SITE

  • Court Approved Bankruptcy Sale
  • Stalled Construction multifamily building
  • Located in an Opportunity Zone
  • One block from the beach
  • 10,550 square feet | 40-foot tall structure
  • Requires approximately $800,00 to $900,000 to complete.
  • 10 residential apartments: 7 one bedroom, and 3 two bedrooms.
  • Six private terraces on the front apartments
  • Large rooftop terrace; potential for high end roof deck lounge
  • Eight indoor parking spaces
  • Three blocks away from the Beach 98th Street subway station

Property Snapshot

  • ADDRESS 157 Beach 96th Street Queens, NY 11693
  • PROPERTY TYPE Multi-family development
  • MARKET Rockaway Beach
  • BUILDING SQ. FT. 10,548 SF
  • NUMBER OF STORIES 4
  • NUMBER OF UNITS 10 Residential
  • PARKING SPACES 8 Indoor

Documents

Offering Memorandum

Area Map

  • Tax Map

  • Zoning Map

Contacts

Description

STALLED CONSTRUCTION SITE

  • Court Approved Bankruptcy Sale
  • Stalled Construction multifamily building
  • Located in an Opportunity Zone
  • One block from the beach
  • 10,550 square feet | 40-foot tall structure
  • Requires approximately $800,00 to $900,000 to complete.
  • 10 residential apartments: 7 one bedroom, and 3 two bedrooms.
  • Six private terraces on the front apartments
  • Large rooftop terrace; potential for high end roof deck lounge
  • Eight indoor parking spaces
  • Three blocks away from the Beach 98th Street subway station

Details

Property Id : 39004
Price: $ 2,900,000
Property Size: 4,540 ft2
Closing Date: 09/10/2021

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