Condo pick of the week

A new two bedroom in Rockaway Park that's minutes from the ocean, for $715,000

The building has two resident lounges, a landscaped roof deck, fitness center, and on-site parking.

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2019
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This two-bedroom, two-bath condo, 133 Beach 116th St., #4D, is in a new development in Rockaway Park, Queens, which is a two-minute walk from the ocean. It’s been on and off the market since sales launched in September 2018, at the same asking price of $715,000.

There are too few sales in Rockaway Park to generate comps, however, the median price for the waterfront neighborhood is $652,950, according to StreetEasy. Other, similar-sized apartments on higher floors in the building are in contract. Asking prices for these apartments are $745,000 and $850,000.

Monthly taxes for condo #4D are $770, and common charges are $635

The 1,210-square-foot apartment is eastern-facing and has floor-to-ceiling windows, nine-foot ceilings, and European white oak flooring.

The open kitchen has stainless steel appliances, gray and white custom cabinetry, Quartz countertops, and glazed ceramic tiles. 

The split layout means bedrooms are on either side of the apartment, which affords more privacy.

Baths have custom cabinetry with Quartz counters, Kohler fixtures, and a mix of gray and white ceramic and porcelain tiles. 

The condo has a balcony, a Bosch washer and dryer in the unit, central air conditioning, and a dishwasher.

The new building, called One Sixteen, has two resident lounges, one next to the lobby, and the Eighth Floor Club, a 900-square-foot entertaining space with bay and ocean views. There’s also a 4,600-square-foot landscaped roof deck, 1,200-square-foot fitness center, on-site parking, bike storage, and additional storage. Some of these amenities are subject to availability and additional fees.

The building has eight floors with 86 units. It is pet friendly and has a part-time doorman.

It’s a short walk to the A and shuttle trains, from there it is an hour and a half to the Empire State Building in Midtown. The ferry, which takes just under an hour to get to Wall Street is a 13-minute walk, or you can take the Q22 bus.