Triplex In Far Rockaway

Excellent investment opportunity in the heart of Far Rockaway! Well-maintained 4-family property featuring one occupied unit generating $3,600/month in rental income and three vacant units ready for immediate lease-up or owner occupancy. Market rents are estimated at approximately $2,700/month per vacant unit, offering a projected gross rental income of up to $11,700/month when fully occupied.

The property offers spacious apartments with hardwood floors, updated kitchens and baths, abundant natural light, and separate entrances. The building features a desirable layout, private driveway access, and a large side yard. Conveniently located near transportation, shopping, schools, parks, and the beach.

Perfect for investors seeking strong cash flow potential or owner-occupants looking to offset expenses with rental income. Vacant units provide flexibility for immediate rent increases and tenant selection.
Projected Gross Rent Roll:

Unit 1 (Occupied): $3,600/month
Unit 2 (Vacant): Approx. $2,700/month
Unit 3 (Vacant): Approx. $2,700/month
Unit 4 (Vacant): Approx. $2,700/month

Potential Gross Income: Approximately $11,700/month ($140,400/year).