Townhouse pick of the week

This Rockaways beach house is just steps from the water, and could rake in cash as a summer rental

By Virginia K. Smith | May 3, 2017 - 9:59AM 

Whether you're interested in owning a beach house within the five boroughs, or hoping to rake in cash renting one out as a vacation property over the summer, may we suggest this five-bedroom, five-bath home in the Rockaways? The property is located in the new-ish (and somewhat controversial) development Arverne By the Sea, just steps from the water and nearest to the Beach 67th Street stop on the A train.

The interiors include hardwood floors, granite countertops, and custom light fixtures throughout, as well as large windows that let in plenty of natural light. The ground floor has room for an open chef's kitchen, a separate dining room, and a large living room—the better for entertaining if your friends decide to come over post-beach.

There's also a backyard with more than enough room for grilling and outdoor furniture.

The home (including all of the bedrooms) comes furnished, meaning it could be move-in ready by the time the city's beaches officially open for the season.

There's a bit of extra outdoor space, too, in the form of an upper level deck overlooking the ocean.

The home comes outfitted with security cameras, and has a 20-year tax abatement, which will help offest the cost of flood insurance—likely a significant expense for a property this close to the water. The asking price is $1.5 million, which makes it more expensive than most similar houses on the market, but then again, most aren't fully furnished new construction. And with the summer looming, you'd be well set up to make a nice chunk of change subletting the home out almost immediately. 



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