360 Shore Road, #8L, Long Beach, NY, 11561 | $725,000

Bring Your Vision to the Beach! Welcome to this spacious, corner, 2-bedroom, 2-bath apartment offering tremendous potential and an inviting east-facing side ocean view on a high floor—the perfect canvas for someone ready to make it their own. Located just moments from the sand in Lincoln beach, this unit is being sold as-is and pending bankruptcy court approval, providing a fantastic opportunity to personalize every detail to your taste. The home will be sold with 2 brand-new wall A/C units, and will require a buyer to provide a washer/dryer, a new hot water heater, new flooring, and improvements to the ceiling and wall sheetrock. The layout offers great bones and natural light throughout, with both NYC and ocean views. This unit resides in a luxury building with 24/7 Security, covered, dedicated parking, a card room, 2 pools (1 heated) and a jacuzzi, bocce, shuffle board, and a fire pit, bike storage, and direct beach and boardwalk access. The unit is completely rentable on Day 1, and the building is pet friendly. This unit is priced to come in, personalize, and make your own! Whether you're looking to renovate for full-time coastal living, a weekend getaway, or an investment property, this is the rare chance to create your dream home by the ocean. Endless potential. Incredible location. Oceanside living, ready for your personal touch.

Features

  • Parking: 1-car, Assigned, Covered
  • Heating: Electric
  • Cooling: Electric, Wall/Window Unit(s)
  • Levels: 10
  • Amenities: Business Center, Concierge, Door Person, Elevator(s), Parking, Pool
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Year Built: 1987
  • Common Charge: $1,676 Monthly
  • Approx Sq. Feet: 1,400
  • View: Water
  • Water Front: Yes
  • Elem. School: East Elementary School
  • Middle School: Long Beach Middle School
  • High School: Long Beach High School
  • School District: Long Beach
  • Pet Policy: Cats OK, Dogs OK, No Restrictions, Yes
  • Appliances: Electric Oven
  • MLS#: 941643
  • Days on Market: 33 days
  • Website: https://www.raveis.com
    /prop/941643/360shoreroad_longbeach_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 Compass Greater NY LLC   Phone: 516-970-5133

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

360 Shore Road, #8L, Long Beach, NY, 11561

$725,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $580,000 $580,000 $580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.285% 6.292% 5.609%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,293 $3,524 $4,701
Total Monthly Payment $3,385 $3,616 $4,793

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.