The Bryan Karp Team
BEDS2
BATHS1 full
SQUARE FEET698
MLS#1059475
STATUSActive
PROPERTY TYPEResidential - Condominium
SCHOOLQueens 27
Property Description
ROCKAWAY PARK INVESTOR OPPORTUNITY - SIGNIFICANTLY DISCOUNTED - EXTREMELY MOTIVATED SELLER!Rare opportunity to purchase a 2 bedroom, 1 bath condo on a beach block in Rockaway Park at a substantial discount to market value.The unit is estimated to be worth approximately $430,000, the seller is extremely motivated and willing to sell below market value.Property Highlights: Hardwood floors, two private terraces, deeded parking space, low monthly maintenance/HOA fee $483, current rent: $2,500/month + all utilities, reliable tenant with a strong payment history, immediate rental income from day oneThis is an opportunity for an investor to potentially acquire a property well below its estimated market value while benefiting from an established tenant and immediate rental income.Important: The property is being sold with the current tenant in place. No interior photos will be posted publicly. We are respecting the current tenants privacy.Interested and qualified buyers may inquire directly for interior photos and additional information.EXTREMELY MOTIVATED SELLER - SERIOUS INQUIRIES ONLY.Call or message for pricing, interior photos, and additional details. $360,000
Property Features
Property Type: Residential - Condominium
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Home Style: Other
Lot Size: 0.14 Acres
Taxes: $3,586
Year Built: 1928
Amenities
Storage
Feature Descriptions
Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s)
Days on Site: 12
Exterior: Vinyl Siding
On Market Date: 2026-10-06
Parcel Number: 16231-1004
Parking Features: Assigned, Driveway
Pets Allowed: Yes
Rental Term: Monthly
Rooms Total: 5
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Water Available
Water: Public
Local Schools
High School: Scholars' Academy
Middle School: Scholars' Academy
Elementary School: Ps/Ms 114 Belle Harbor
School District: Queens 27
Estimate Your Payment
Estimated Payment
$ 2,224.19 per month $1,820.36 Principal & Interest $298.83 Property Tax $105.00 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: ROCKAWAY PROPERTIES
Agency Contact: 718-634-3134
Shown By
Agent Name: Bryan Karp
Agent Phone: (631) 759-5277
Agency Title: Coldwell Banker American Homes
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164 Beach 122nd Street, Unit 2B | MLS# 1059475
This condo located at 164 Beach 122nd Street, Unit 2B, Rockaway Park, NY 11694 is currently listed for sale with an asking price of $360,000. This property was built in 1928 and has 2 bedrooms and 1 full baths with 698 sq. ft. Beach 122nd Street, Unit 2B is located within the Queens 27 school district. Search Rockaway Park real estate on www.soldbybryan.com today.