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This is the one you’ve been waiting for: Rockaway’s most architecturally distinctive and structurally resilient home is available now for the first time in 20 years. Meticulously maintained and masterfully designed, this one-of-a-kind residence combines striking aesthetics with thoughtful engineering. With a stunning double-height great room with 22-foot ceilings, 2 walls of oversized double windows, and a vintage Eames-era Malm wood-burning stove, it’s an entertainer’s dream and the perfect gathering place for family and friends. Upstairs, the bright and open 850 SF loft with ceilings soaring to 11’ is an adaptable space that invites creative pursuits, remote work, gallery events, or enjoy it as a place to unwind. This level can easily accommodate 2 additional bedrooms while still preserving a large open space (see alternate floor plan). With an access panel already in place, pop up to the roof to enjoy the sunsets and views of Jamaica Bay and the skyline. Enjoy true indoor-outdoor living with a deck, a tranquil backyard with fragrant Japanese Lilacs and flowers, and an enclosed hot-and-cold outdoor shower. A separate, freestanding structure, currently used as a music studio, offers flexibility for a variety of uses. An additional 1, 200+ SF of versatile space below the home at ground level, with a full 8’ of clearance, includes an enclosed workshop, a storage shed, surfboard racks, a seasonal yoga/exercise platform, and ample storage space with endless potential for customization. Beyond the home’s unique size, scale, and aesthetics, it’s engineered to meet the future head-on. Strategically raised 9 feet above grade, reinforced with steel and concrete, galvanized steel siding, 200 mph-rated double-pane windows, and a commercial-grade fire suppression system, this home offers unmatched durability and low-maintenance design. With 800 SF of additional FAR (buildable space - please consult your architect), this home also presents a rare opportunity for further expansion, future-proofing your investment in every way. Situated on one of Rockaway Beach’s most desirable blocks and just moments from the ocean, Jamaica Bay, Wall Street Ferry, and neighborhood favorites like the Rockaway Beach Surf Club, Bungalow Bar, and the Rockaway Hotel, this property offers an unmatched living experience. There is nothing else like it.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.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.
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Our Executive Mortgage Banker:
$1,400,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $545 | $545 | $545 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,272 | $6,805 | $9,376 |
| Total Monthly Payment | $6,942 | $7,475 | $10,046 |
* 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.