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    Apartment buildings

    30 Champlain Walk, Ocean Beach, NY 11770

    0.23 ac lot Built 1940
    Property ID
    Property summary
    AI-generated overview

    This exceptional Ocean Beach, NY investment opportunity presents two renovated houses situated on a large (.23-acre) lot, just steps from the beach in Ocean Bay Park. The property, built in 1940, offers a unique blend of privacy and togetherness, perfect for accommodating up to twelve guests. The main house boasts four bedrooms and 1.5 bathrooms, while the charming guest house includes two bedrooms and 1.5 bathrooms. Luxury amenities include a full-sized (16x32) heated pool and a hot tub, providing ultimate relaxation. Interior features highlight granite countertops and vaulted ceilings. This turnkey multifamily property presents a rare chance to own a substantial beach block compound in a highly desirable location. The asking price is $2,495,030, with owner financing options available, and a 3.75% mortgage may be obtainable. This is an unparalleled opportunity to acquire a lucrative investment property or a unique private retreat. The property is located at 30 Champlain Walk, Ocean Beach, NY 11770, in Suffolk County.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1940
    Lot 0.23 ac (10,019 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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