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Sold for $750,000
  • $750,000

    11-24 Foam Pl, Far Rockaway, NY 11691

    4beds
    4,800sqft
    MultiFamily
    Built in 2008
    -- sqft lot
    $1,309,400 Zestimate®
    $156/sqft
    $4,153 Estimated rent

    Home value

    $1,309,400

    $1.15M - $1.48M

    $4,153/mo

    Zestimate® history
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    $4,153/mo

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    $4,548/mo

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    $4,548/mo

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    What's special

    Amazing investment opportunity with 4 units of rental income with a net operating income of $112,950 ($136,692 in rental income & $23,742 in expenses). One of the greatest features of this building is 3 separate heating systems, 3 gas meters, and 3 electric meters so owner has zero utility expenses! The first floor of this 4,800 square foot building is a large well kept doctors office with a waiting room, a receptionist room, 5 possible exam rooms, and a half bathroom. Also on the first floor is a medical laboratory with its own separate entrance, a waiting room, an exam room, and a half bath. On the 2nd floor are two, 2 bedroom apartments both in mint condition. There is parking for at least 6 cars in the front while there is also two private driveways on each side of the building. There is also a large well kept backyard.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Interior area
    • Total interior livable area: 4,800 sqft

    Property

    Lot
    • Size: 5,650 Square Feet
    Details
    • Parcel number: 155450010

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 2008

    Community & HOA

    Location
    • Region: Far Rockaway

    Financial & listing details

    • Price per square foot: $156/sqft
    • Tax assessed value: $1,164,000

    Price history

    DateEventPrice
    4/26/2024Sold$750,000-53.1%$156/sqft
    Source: Public Record Report a problem
    11/10/2023Listing removed--
    Source: StreetEasy Report a problem
    9/20/2023Listed for sale$1,600,000+80%$333/sqft
    Source: StreetEasy Report a problem
    2/9/2018Listing removed$3,750$1/sqft
    Source: Signature Premier Properties #2919638 Report a problem
    11/23/2017Listed for rent$3,750$1/sqft
    Source: Signature Premier Properties #2919638 Report a problem
    10/13/2017Listing removed$3,750$1/sqft
    Source: Signature Premier Properties #2919638 Report a problem
    3/9/2017Listed for rent$3,750$1/sqft
    Source: Exit Links Realty #2919638 Report a problem
    1/2/2017Listing removed$889,000$185/sqft
    Source: EXIT LINKS REALTY #2811789 Report a problem
    10/13/2016Listed for sale$889,000$185/sqft
    Source: EXIT LINKS REALTY #2811789 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $523,800 +15.1%
    2024-- $454,950 +5.4%
    2023-- $431,550 +3.8%
    2022-- $415,800 +25%
    2021-- $332,550 -9%
    2020$16,766 +0%$365,400 -1.6%
    2019$16,765 +2.1%$371,250 +185%
    2018$16,427 +7.1%$130,246 +8%
    2017$15,339 +6.6%$120,599 +8%
    2016$14,386 $111,667 +8%
    2015$14,386 +53.9%$103,396
    2014$9,346 $103,396 +863.8%
    2009-- $10,728
    Find assessor info on the county website

    Neighborhood: Far Rockaway

    Nearby schools

    GreatSchools rating