Four-Unit Coastal
For Sale
$1,800,000
175 Beach 113th Street, Queens, NY 11694
Residential, Queens, NY
Property Size3,750 SF
Lot Size0.09 Acres
Price / SF$480
Days on Market57
Property Features for 175 Beach 113th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5A
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bathroom 5, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2
Interior features
A/C Unit - Wall, Dishwasher, Fireplace, Laundry Area, Microwave, Refrigerator, Stove, Washer, Window Treatments
Fireplace
1
Subdivision
Rockaway Park
Standard status
Active
Size
3,750 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
14828
Building Details
Floors in Building
3
Number of units
4
Flooring type
Carpet, Ceramic
Building materials
Block, Brick
Roof type
Shingle
Listing Agency:
RE/MAX Elite
(718) 690-3900
Listed By:
Melissa M. Carrington · License #10491209088
(347) 432-0602
Added: Aug 10
Changed: Sep 15
Last Checked: Oct 5 at 1:06PM
MLS# 503683
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,750-square-foot quadplex on a 0.0918-acre lot contains four residences. The first floor provides a two-bedroom, 2.5-bath owner’s residence, while the second floor includes two one-bedroom, one-bath apartments. A two-bedroom, one-bath penthouse occupies the third floor and features high ceilings and ocean views. Interior improvements include stone countertops, updated cabinetry, ceramic and carpet flooring, tiled bathrooms with plate-glass shower doors, fireplaces, dishwashers, ranges, refrigerators, microwaves, washers, and laundry areas. The building also includes Marvin double-hung windows, interior spray insulation, and wall A/C sleeves in the tenant apartments.
Located at 175 Beach 113th Street in Queens, the property is steps from the ocean and Rockaway Boardwalk. Utility infrastructure includes 5 electric meters and 4 gas meters, with R5A zoning. Block and brick construction, a shingle roof, and the stated coastal setting complete the property profile.
Located at 175 Beach 113th Street in Queens, the property is steps from the ocean and Rockaway Boardwalk. Utility infrastructure includes 5 electric meters and 4 gas meters, with R5A zoning. Block and brick construction, a shingle roof, and the stated coastal setting complete the property profile.
Key Highlights
- Four‑unit configuration with one 2‑bedroom owner’s residence, two 1‑bedroom apartments, and one 2‑bedroom penthouse
- 3,750 square feet on a 0.0918‑acre lot
- Penthouse includes high ceilings and ocean views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,667
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,833,340
$1.8M
Cap Rate 7%
$1,309,529
$1.3M
Cap Rate 9%
$1,018,522
$1.0M
Market Conditions
NOI Build-Up for 3,750 SF
Gross rent
$173.3K $46.20/SF
− Vacancy
−$6.6K −$1.76/SF
EGI
$166.7K $44.44/SF
− OpEx
−$75.0K −$20.00/SF
NOI
$91.7K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,833,340
Cap Rate 7%
$1,309,529
Cap Rate 9%
$1,018,522
Alternative Uses
Best Use
Apartment 5plus
$1.31M
$1.15M – $1.53M
NOI $91,667 @ 7.0% cap · market cap 5.09%
Second Best
Multifamily LT 5
$886.7K
$775.9K – $1.03M
NOI $62,069 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$2.76M
$2.42M – $3.23M
NOI $193,518 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
Explore this area
Business Placement
Demographics for 11694, NY
19,780
Population
9,103
Households
2.2
Avg Household Size
46
Median Age
43%
College-Educated
90%
High-School Grad
1.7 sq mi
ZIP Area
11,635
Density / Sq Mi
$103,792
Median Household Income
$65,602
Median Earnings
$1,787
Median Rent
$839,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences combine a two-bedroom owner’s layout with three apartments near the ocean and Rockaway Boardwalk.
Where is this quadplex located?
The property is located at 175 Beach 113th Street Queens, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Four‑unit configuration with one 2‑bedroom owner’s residence, two 1‑bedroom apartments, and one 2‑bedroom penthouse; 3,750 square feet on a 0.0918‑acre lot; Penthouse includes high ceilings and ocean views
