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166 Beach 116th Local d'activités 1 303 m² 100 % Loué À vendre Rockaway Park, NY 11694 3 278 906 € (2 516,50 €/m²)
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- It comes with a previous Certificate of Occupancy (C/O) for 38 Class B units (hotel rooms) and one Class A unit.
- The site boasts excellent public transit accessibility, positioned one block from the A train subway terminal (Rockaway Park-Beach 116 Street).
- The property is well-suited for multiple high-yield scenarios, including leveraging City programs such as FHEPS for transitional housing.
- The property is situated just steps from the Rockaway Boardwalk and the ocean, offering a high-demand coastal location.
Résumé analytique
Exceptional investment and redevelopment opportunity for a three-story hospitality asset located in the core of the Rockaways. The property is positioned on Beach 116th Street, providing immediate, direct access to the oceanfront and the newly enhanced Rockaway Boardwalk.
The existing structure, previously operated as a hotel, features a substantial infrastructure including 38 guest rooms and a dedicated caretaker or management apartment.
The site is governed by flexible R7A/C1-3 zoning, facilitating multiple paths for value creation, including: the rehabilitation and re-establishment of a boutique hotel, conversion to market-rate residential units (rental or condominium), or a strategic mixed-use configuration.
Its location is complemented by superior transit infrastructure, situated adjacent to the A train terminus (Rockaway Park-Beach 116 Street) and the NYC Ferry dock, ensuring high connectivity to Manhattan and the outer boroughs. This offering represents a rare opportunity to capture significant upside in a growing coastal New York City submarket.
The existing structure, previously operated as a hotel, features a substantial infrastructure including 38 guest rooms and a dedicated caretaker or management apartment.
The site is governed by flexible R7A/C1-3 zoning, facilitating multiple paths for value creation, including: the rehabilitation and re-establishment of a boutique hotel, conversion to market-rate residential units (rental or condominium), or a strategic mixed-use configuration.
Its location is complemented by superior transit infrastructure, situated adjacent to the A train terminus (Rockaway Park-Beach 116 Street) and the NYC Ferry dock, ensuring high connectivity to Manhattan and the outer boroughs. This offering represents a rare opportunity to capture significant upside in a growing coastal New York City submarket.
Informations sur l’immeuble
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Exceptionally bikeable
90/100
Taxes foncières
| Numéro de parcelle | 16188-0070 | Évaluation des aménagements | 88 608 € |
| Évaluation du terrain | 109 110 € | Évaluation totale | 197 718 € |
Taxes foncières
Numéro de parcelle
16188-0070
Évaluation du terrain
109 110 €
Évaluation des aménagements
88 608 €
Évaluation totale
197 718 €
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Vidéos
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Photos
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166 Beach 116th
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