204 Beach 102nd Street, Rockaway Park, NY 11694
MULTI_FAMILY - Rockaway Park, NY
- Added:
- Jan 23, 2026
- Days on Market:
- 150
- Last Refresh:
- Jun 22 at 12:06 pm
Property Features for 204 Beach 102nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5D
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
- Parking features
- Carport
- Interior features
- A/C Unit - Wall, Microwave, Refrigerator, Stove, Terrace
- Standard status
- Active
- Size
- 2,931 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6143
Building Details
- Year built
- 1988
- Floors in Building
- 3
- Number of units
- 4
- Flooring type
- Laminate, Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent George Zanetis (516) 582-2192
Listing office Zanetis Properties LLC 101-04 Shorefront Pkwy #25C, Rockaway, NY (516) 582-2192
Listing date Jan 23, 2026
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.
HighLights
- 3‑family building with a renovated front office that is vacant
- Unit mix: 2 BR/1 BA over 2 BR/1 BA over a studio with its own backyard
- Ocean views from the 2nd and 3rd floor terraces
- Tenants pay for their own heat, hot water, and electric; 3 boilers and 3 water heaters
- Parking available via carport; brick construction with flat roof
- About one block to the beach and boardwalk; close to A and S trains, express buses, and Rockaway ferry
Overview
Located on Beach 102nd Street in Rockaway Park, the property is described as one block to the beach and boardwalk, with ocean views referenced from the second- and third-floor terraces. The remarks also note proximity to the A and S trains, express buses, and the Rockaway Ferry into Sunset Park, Brooklyn and Manhattan.
For buyers or operators, the configuration can support straightforward residential income potential across three separate units, while the vacant renovated office provides an immediate option for an owner-use or leasing scenario. With separate boilers and water heaters listed and tenant-paid utilities, the building is set up to allocate major service costs to the residents as described in the offering information.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $147.7k | $50.40 |
| − Vacancy | −$19.1k | −$6.50 |
| EGI | $128.7k | $43.90 |
| − OpEx | −$32.2k | −$10.97 |
| NOI | $96.5k | $32.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rockaway Park
- County
- Queens
- State
- New York
- Longitude
- -73.822363
- Latitude
- 40.583459
