Bankruptcy Sale_157 Beach 96th Street_Exclusive Offering Memorandum

PROPERTY OVERVIEW
157 Beach 96th Avenue, Queens, NY
Rosewood Realty Group is pleased to present the opportunity to purchase 157 Beach 96th Street, a
mid-construction project in Bankruptcy.
• Nearly completed multifamily building located in Far Rockaway
• Requires approximately $800,00 to $900,000 to complete
157 BEACH
96TH STREET
FAR ROCKAWAY
• The 40-foot tall structure is comprised of 10,550 square feet
• 10 residential apartments including 7 one bedroom, and 3 two bedrooms.
• The generous size apartments average close to 1,000 square feet each
• Six private terraces on the front apartments, with a large rooftop terrace crowning the structure.
Potential for high end roof deck lounge.
ROCKAWAY BEACH BOARDWALK
• Eight indoor parking spaces
• The building is set back several feet from the street, allowing space for a small patch of
greenery out front
SHORE FRONT AVE
• Three blocks away from the Beach 98th Street subway station
157 BEACH
96TH STREET
FAR ROCKAWAY
Rockaway is a commuter’s neighborhood that gives its residents a break from the rush of Manhattan
and rewards them with beaches and breathtaking views of the horizon on the Atlantic Ocean. A secluded
oasis that feels more like a charming New England port town but still offers all of the conveniences
of living in NYC. Once you arrive in Rockaway, you’ll realize there is nowhere else like it in New
York City. The beaches are clean, the boardwalks are abundant with small restaurants and bars, and the
Atlantic Ocean is a draw on hot summer days.
PROPERTY SNAPSHOT
ADDRESS 157 Beach 96th Street Queens, NY 11693
PROPERTY TYPE
MARKET
BUILDING SQ. FT.
Multi-family development
Rockaway Beach
10,548 SF
NUMBER OF STORIES 4
NUMBER OF UNITS
PARKING SPACES
10 Residential
8 Indoor
10 | 753 9th Avenue, New York, NY
157 Beach 96th Street Queens, NY | 11