155 Beach 5th Street, New York (Far Rockaway), NY, 11691 | $1,099,000

Discover beach side living in this luxury 2 family townhouse complex situated on the beach. Boasting contemporary design by renowned architect CetraRuddy, each townhouse offers spacious living areas, gourmet kitchens with double sinks, marble counters and backsplash with Porcelanosa fixtures, and private balconies and rooftops with breathtaking ocean views and access to a private beach and dock. This meticulously designed property features two distinct units. The lower unit offers two spacious bedrooms, a beautifully appointed bathroom, a Bosch washer-dryer, and an open-plan living area that flows seamlessly into a modern kitchen. The upper unit unfolds across three levels, creating an expansive triplex layout. On the main floor, an inviting living, dining, and kitchen space set the stage for elegant entertaining. There is also an additional room adjacent to the kitchen that can be used as a children's playroom or an office. Upstairs, there are three or four generously sized bedrooms and a bathroom, including a master suite with a luxurious en-suite bathroom. Ascend to the top level to discover a stunning rooftop terrace, offering panoramic views of the coastline-a serene retreat for relaxation and gatherings. This townhouse also features a garage with two storage rooms, ensuring ample space and convenience. This extraordinary property not only promises unparalleled comfort and sophistication but also presents a unique investment opportunity with dual residences, each offering its own distinctive charm and functionality. Whether as a private oasis or an income-generating asset, this luxury townhouse embodies the pinnacle of beachfront living. , Additional information: Appearance: Diamond, Separate Hotwater Heater: y

Features

  • Town: New York
  • Amenities: Powered Boats Allowed
  • Rooms: 14
  • Bedrooms: 6
  • Baths: 3 full / 1 half
  • Style: Duplex
  • Year Built: 2017
  • Heating: Natural Gas, Hydro Air
  • Cooling: Central Air
  • Basement: None
  • Est. Taxes: $10,217
  • Water Front: Yes
  • Middle School: Jhs 202 Robert H Goddard
  • High School: Rockaway Collegiate High School
  • School District: Community District 27
  • MLS#: 3569145
  • Days on Market: 72 days
  • Website: https://www.raveis.com
    /eprop/3569145/155beach5thstreet_newyork_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Five Towns Miller Realty Inc   Phone: 516-374-4100

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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155 Beach 5th Street, New York (Far Rockaway), NY, 11691

$1,099,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $879,200 $879,200 $879,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.795% 6.472% 6.032%
Monthly Tax Payment $851 $851 $851
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,061 $5,485 $7,360
Total Monthly Payment $6,037 $6,461 $8,336

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.