6 minute read

Neponsit Best Block EVER!

In Contract

This charming home features a tremendous front porch for entertaining, four bedrooms, two bathrooms, full unfinished basement. Two car garage, plus parking for 5 cars. Call for appointment. $1.5M

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Legal Two Family Beach 124th Street

Belle Harbor - Unique two family on a beach block with spectacular ocean views. Six rooms, 2 baths with terrace over 6 rooms with 2 baths and front porch. Full basement with washer/dryer, large long driveway and garage. $1.249M

Summer Rental Summer Rental

House for RentBeach block $25,000 p/mo

Beautiful renovated Studio

July & August $5,500

BH Upper - Six rooms, 2 bathrooms in a two family house.

July & August $11,000

Belle Harbor - One bedroom apt. July & August $6,000

Six rooms, two baths with dynamic oceanviews. Available May - September $30,000

Three bedrooms, two bathrooms, with front porch, oceanviews, use of backyard.

May - September $35,000

Belle Harbor - legal three family. Every apt is occupied. Large front porch on a beach block. First floor, 2 bedrooms, 2nd and 3rd floors one bedroom apt each. Long private driveway for 5 cars. Great for an investor. Call to take a look. $1,089M

Rockaway Beach - Beach 90th Street. Newly Renovated. Direct Ocean views. One and one half bedrooms.

Belle Harbor - Beautiful two bedrooms, brand new kitchen and bathroom. Available 5/1 includes seasonal parking. (plus utilities). Mint condition

Belle Harbor - 6 rooms, two baths with w&d

Rockaway Beach - One bedroom, beach block with laundry and parking

Belle Harbor - Beach block, 2 bedrooms, 1 bathroom, two large terraces, w/d, parking. Fully furnished.

Rockaway Beach - 3 rooms behind a store.

Rockaway Park - Beach block, two bedrooms, fully furnished with parking, wi , utilities included.

House For Rent

Belle Harbor -Six rooms, large living room/dining room, two full bathrooms, family room, plus w/d, use of backyard Year round parking for two cars $4,200

OPEN HOUSE - NEPONSIT

OPEN HOUSE - BELLE HARBOR

First Showing - 302 Beach 149th Street

Sunday, 4/30 · 12-1:30pm

IMPRESSIVE CUSTOM BUILT HOME on a 60 x 100 corner lot. This home has 4BR’s including 3 primary suites and 4 full bathrooms. Desirable open floor plan,10’ ceilings, inground pool and so much more. $2,000,000

Motivated Seller - 190 Beach 134th Street

Sunday, 4/30 · 12-1:30pm

SPECTACULAR MOTHER DAUGHTER - This Stately 6BR, 5.5 bath home was recently renovated and has over 3,400 sq. ft. of delightful living space. This is the largest beach block home available. $1,950,000

OPEN HOUSE - FIRST SHOWING

OCEANFRONT SEASONAL RENTAL

157 Beach 109th Street, S aturday, 4/29 · 12-1:30pm

Fully renovated 3 BR oceanfront with huge terrace overlooking the boardwalk and Atlantic Ocean. $15,000 /month

OPEN HOUSE - NEPONSIT

OPEN HOUSE - BELLE HARBOR

Neponsit - 414 Beach 143rd Street

Sunday, 4/30 · 12-1:30pm

BRIGHT AND SPACIOUSE 6 BR, 4 bath on a 60’x100’ lot. Vaulted ceilings, LR/DR, EIK. Upstairs is a brand new addition to the home. High ceilings, recessed lighting and large attic for additional storage. $1,595,000

Water Views - 525 Beach 125th Street

Sunday, 4/30 · 12-1:30pm

LEGAL TWO FAMILY - Customize this 40’x100’ home to your liking, H/W floors, a huge basement with high ceilings, one car garage with a long private driveway. Would be a great single family. A must see! $950,000

B. 141: High End 5BR, 3.5BA home with 2 outdoor decks and private drive. (LJ) $15,000

ABTS: Beachfront 1BR, 1BA apt with pull out couch, private balcony and W/D (BF) $10,000

B. 117: 2BR, 1BA seasonal or long term rental in multi family. Incl. all utilities (TC) $3,500 bsmt & laundry (TC)

B. 141: Gorgeous 5BR, 3.5BA house rental with 2 decks, long private drive. (LJ)

B. 118: Beach block 2BR, 1BA apt with all utilities included and shared W&D (CF)

B. 122: Beach block 3BR, 2BA, SS app., balcony, laundry room and shared yard(BF)

ABTS: 2BR, 1BA duplex apt w/ pvt. ocean view rooftop deck and home office (BF)

B. 134: 2BR, 1.5BA apt with finished basement, W&D and private driveway (JM)

B. 125: Top flr 3BR, 2BA, HW floors and terrace with city views (LJ)

ABTS: Beautiful 2BR, 2BA apt with ocean views and W/D in unit (SB)

B. 91: 2BR, 1.5BA newly renovated duplex apt with SS appliances and W&D (CF)

B. 117: First floor 2BR, 1BA in multi family home (TC)

B. 96: Corner 1BR, 1BA, views of Jamacia Bay and shared laundry (CF)

B. 114: Gorgeous newly renovated beach block 2BR, 1BA apt (CF).

B. 126: Walk in 1BR, 1BA apt with HW floors and summer weekend parking (BF)

Brooklyn: Spacious and bright 1BR, 1BA apt in Georgetown (TC)

Brooklyn: 1BR, 1.5BA condo Bergen Beach with SS appliances (TC)

B. 96: 1BR, 1BA apt in elevator building with parking available (CF)

B. 125: Second floor 1BR, 1BA rental with HW floors (TC)

B. 93: Charming 1BR, 1BA HW floors and W/D in building (SB)

Associate Real Estate Broker

Rebuilding the Rockaways -

See this fully gut renovated 2 family Townhome with �nished basement.

Hurricane Forecast is not very favorable this year! Everyone needs to get a flood policy!

Ten (10) rooms, �ve (�) bedrooms, four (4) full bathrooms. Completely new, and affordable. Minutes to all amenities, shops, beach, bus & ferry. Own with little money down payment & low closing costs.

Only $799,000

FHA & VA Welcome Call for your appointment.

Apartments

Studios available from.

Call Susan 347-260-3891

Oceanfront Condo

Condo | 118-14 Ocean Prom., Unit 4A

MOTIVATED SELLER!

JUST IN TIME FOR SUMMER!

Coming Soon

Rockaway Park Oceanfront two bedroom, two bathroom condo with indoor deeded parking spot. $675K CALL SUSAN 347-260-3891

$1,100 - $1,400

Beach 120’s – two bedroom, oceanfront w/terrace, no pets, pay electric. Available May 1st

$2950

Enjoy living at the beach in this 2 bedroom, 2 bathroom with ocean front terrace. Direct ocean views, sunny open layout, high-end kitchen, w/d, lots of closets, deeded indoor parking space, storage, pet friendly.

$735K

Call Susan 347-260-3891

Belle Harbor Charming ONE FAMILY. Three floors of living space, includes; 4 bedrooms, 1.5 baths, large living room with wood burning fireplace, formal dining room, eat in kitchen, hardwood floors, semi finished basement, garage, deck and yard.

Asking $975,000. Call Susan 347-260- 3891

BRAND NEW EXCLUSIVE LISTING

Beach Block Legal Two Owner apartment, 2 or 3 bedrooms, renovated kitchen, large living room and dining room, semi finished basement with half bath. Rental apartment: 2 bedrooms, large living room with terrace, and bonus space on top floor, 3 extra rooms. $965,000

Call Kate 917-680-8051

Call Susan 347-260-3891

Rockaway Park – beach block, 2 bedroom furnished unit with wifi, parking, use of yard

Call Susan 347-260-3891

Rockaway Park – 2 bedroom walk up. All utilities included.

Call Susan 347-260-3891

$3250

$1650

Summer Rentals: Call Susan 347-260-3891

• B130’s - 3 bedrooms, 1 bathroom, use of indent parking

• B130’s – Studio, use of yard and parking

• Rockaway Park -2 bedrooms, 1 bathroom

• Belle Harbor summer house rental

• Beach Block - Steps to Ocean 2 bedrooms, eat in kitchen, terrace, ocean view. Memorial Day to Labor Day…..........$10,600

Call Kate 917 680 8051

“We owe a lot of our success to the Rockaway Times and the advertising. The weekly paper delivered for FREE to every doorstep in the community was the best advertising we could have asked for. COUNTLESS people have come in to our business over the years saying they saw our specials in the Times. For that, we are EXTREMELY GRATEFUL.”

Home Sale Tax Break

By Robin Shapiro

Summer Effects

for the sale is health, place of employment, etc.

The summer season has mixed effects on the Rockaway real estate market. On the one hand, we are a beachfront community and the draw of the summer activities does bring people here for: beaches, swimming, cycling, running, surfing, organized teams for kids and adults (although the pandemic may crimp some of these this year; thankfully the “end” is in sight). On the other hand, some sellers are reluctant to sell during the summer because they enjoy the aforementioned activities and don’t want to give them up so fast!

If you sell your home and have a long ­ term capital gain, then you may be able to exclude up to $250k of the gain (or $500k for married couples) from your tax return. There are provisos: the home must have been your primary residence for at least two of the previous five years, and you must not have used this exclusion during the past two years. Theoretically, you can do this every two years, if you are fortunate enough to buy a home (live in it) and flip it for a profit.

It can be harder to sell real estate during the summer due to vacations by buyers and sellers alike. Summer activities can also occupy people instead of allowing them to focus on the home sale process.

The IRS does provide an exemption to the two year rules for use and ownership if the reason

The capital gain is computed by subtracting closing costs, original purchase price, and the cost of improvements from your selling price. The long ­ term capital gain tax rate usually runs from 0% to 15% depending on your income. It can even reach 20% or a bit higher. Check with your accountant. Home improvements are usually considered to be items like new plumbing, wiring, or anything which adds value. Things which prolong the useful life of the home are appropriate. Call me. Love, Robin

The spring season has been generally good for our real estate market. There has been action across the board in all price categories with an emphasis on the range below $1 million (approx). Prices have firmed up within the framework of recent comparable sales and in some cases are creeping higher. Inventory levels remain very low.

Call me, Love, Robin. 718-490-9463

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