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$2,479,999
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Property Description
Welcome to Belle Harbor, one of Rockaway Beach's sought-after neighborhoods. Perfectly positioned on a quiet beach block just steps from the sand and surf, this six-unit multifamily property offers both charm and investment potential. This property features a mix of three 2-bedroom apartments, two 1-bedroom apartments, and one studio, creating a balanced layout that appeals to both long-term tenants and short-term rental strategies. The partially finished basement includes an outside separate entrance (OSE), laundry area, storage space, and a bonus room, offering added functionality for tenants or management use. Outdoors, enjoy a beautiful backyard complete with an outdoor shower-perfect for beach days, along with a detached garage and double driveway. In Belle Harbor, parking is an invaluable amenity, and this property provides ample space for residents and guests alike. Rockaway Beach is experiencing continuous growth with new residential developments, restaurants, and easy access to the NYC Ferry. Whether you're looking to expand your portfolio or secure a stable income-producing property, this six-family home delivers the ideal blend of location, reliability, and upside potential.
Full Property Details
Full Property Details for 1-88 Beach 123rd St
General
- Price: $2,479,999
- Taxes: $17,373
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 917671
- Updated: 2/12/2026
- Added to Site: 187 day(s) ago
Parking
- Parking Features: Driveway
Location
- County: Queens
- Driving Directions: refer to google maps
School Information
- High School District: Queens 27
- Elementary School: Ps/Ms 114 Belle Harbor
- Middle School: Scholars' Academy
- High School: Scholars' Academy
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Construction: Stone, Vinyl Siding
- Basement: Yes
- Basement Desc.: Common, Partially Finished, Storage Space, Walk-Out Access
- Stories/Levels: 3
- Stories in Building: 3
- Building Size: 3040
- Square Feet: 3,040
- Year Built: 1929
Lot Features
- Lot Size (Acres): 0.1377
- Lot Size (Sq. Ft.): 6,000
Financial Considerations
- Tax Amount: $17,373
Disclosures and Reports
- Special Conditions: None
- Property ID: 16232-0083
Listed by Keller WIlliams Realty Liberty
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Schools
Schools serving 1-88 Beach 123rd St
School District:New York City Geographic School District 27
| Name | Grades | Distance |
|---|---|---|
Ps Ms 114 Belle Harbor 134-01 Cronston Ave, Queens, NY 11694 | K-8 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1-88 Beach 123rd St
Date
Details
Price
Change
Source
2/12/2026
Price Reduced
$2,479,999
-3.88%
MLS
12/31/2025
Price Reduced
$2,579,999
—
MLS
9/26/2025
Listed
$2,579,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1-88 Beach 123rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,321
8%
$138,568
-3%
2024
$16,041
8%
$142,560
20%
2023
$14,852
—
$118,800
-11%
2022
$14,914
-16%
$133,200
-15%
2021
$17,747
2%
$156,600
—
2020
$17,383
10%
$156,600
-20%
2019
$15,851
-4%
$195,480
34%
2017
$16,456
—
$146,290
8%
2017
$16,456
149%
$135,454
8%
2016
$6,616
9%
$125,421
8%
2015
$6,097
2%
$116,132
—
2014
$5,963
3%
$116,132
3%
2013
$5,786
—
$112,531
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1-88 Beach 123rd St
188 Beach 123rd Street, Rockaway Park, NY 11694 (MLS# 917671) is a Commercial property. 188 Beach 123rd Street is currently listed for $2,479,999 and was received on September 26, 2025. Want to learn more about 188 Beach 123rd Street? Do you have questions about finding other Commercial real estate for sale in Belle Harbor? You can browse all Belle Harbor real estate or contact a Coldwell Banker agent to request more information.

