See Home Value
$4,163,155*
Commercial - Off Market

164-166 Beach 116th Street

Rockaway Park, NY 11694
bedrooms
Studio
bathrooms
0 Bath
$3,240,000 - $3,960,000
Reference Base Price*
15.64%
Since Dec 1, 2021
NY-New York
Primary Model

About This Property

Calling All Investors, Developers & End-Users!!! 6,000 Sqft. R7A-C1-3 Development Site For Sale!!! 164-166 Beach 116th Street Is Located Just A Few Hundred Feet From The Beach. The Property Features Heavy Foot Traffic, Excellent Signage, Strong Zoning, Great Exposure, +++!!! According To The Owner Up To 8 Stories Can Be Built!!! There's Currently A 150+ Unit Building Being Completed Across The Street. The 12,000 Sqft. Building Was A Successful Hotel In The Past. The Building Is A Knockdown. The NYC Housing Preservation & Development Department Just Stated Another 800 New Apartments Were Just Financed In Bringing The New Total To Over 1,380 New Apartments Recently Added To The Peninsula Since The Recent Rezoning!!! This Is Your Chance To Own A Beach Hotel/ Mixed-Use Development!!! Expenses:  Taxes: $21k  Insurance: $2,800  Due to MLS removing photos from this listing, please refer to LoopNet for more detailed information and photos of this property.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1929

Price History

Date / Event Date Event Price
Nov 22, 2021 No longer available -
No longer available
Nov 11, 2021 Price Increased $3,600,000
↑ $500K (16.1%)
Price Increased
Sep 11, 2021 Price Decreased $3,100,000
↓ $100K (3.1%)
Price Decreased
Jun 30, 2021 Price Decreased $3,200,000
↓ $150K (4.5%)
Price Decreased
May 26, 2021 Price Decreased $3,350,000
↓ $338K (9.2%)
Price Decreased
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
-
-
$3,800,000 Jul 7, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220301
03/01/2022
Loft
-
-
$3,398,888
bedrooms
Loft
bathrooms
-
-
-
-
Deirdre Folan
Folan Team
20201120
11/20/2020
Loft
-
-
$3,688,000
bedrooms
Loft
bathrooms
-
-
-
-
Richard Shane
All Island Estates Realty Corp
20180830
08/30/2018
Studio
-
-
$3,500,000
bedrooms
Studio
bathrooms
-
-
-
-
Elaine Green
Keller Williams Rty Gold Coast

Building Info

164 Beach 116th Street 164 Beach 116th Street, Rockaway Park, NY 11694
  • 1 Units
More about this Building
164 Beach 116th Street
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About Rockaway Peninsula


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