Amazing opportunity to own a grand old home in the heart of Rockaway Beach. This HPD Legal SRO on a 50x100 lot consists of 16 bedroom, 9 baths, 2 car garage and a long private driveway large enough to park 5 cars. 15% Cap Rate Lock & Approx. $132, 000 gross income. Would make an amazing Bed and Breakfast in this small enclave of artists, surfers and musicians. Close to the beach, boardwalk, trendy shops/restaurants & local/express transportation to NYC. Just 30 minutes to JFK International airport. All showings require proof of funds. All data and information set forth must verified with buyer due diligence. Home sold "as is" w/ violations and existing tenants.
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