Neponsit, Belle Harbor cater to New Yorkers seeking relative bargains

July 13, 2012 12:30PM

In the midst of the Rockaways’ growing popularity as a summer beach destination, the real estate markets in Neponsit and Belle Harbor offer relative deals for house hunters, the New York Daily News reported. In these areas, bungalows can go for $500,000, Queen Anne mansions for $850,000 and estates on beach-front properties for $6 million.

“People from Manhattan and Brooklyn are coming out here more and more,” Lisa Jackson, head of Rockaway Properties, which has sold over $10.4 million of homes so far this year, told the Daily News. “Some start with small homes for the summer. Then they end up staying all year, putting their kids in local schools and buying bigger houses.”

Examples include a Southhampton-style waterfront home with six bedrooms and six bathrooms that’s listed at $2.9 million. There’s also a Queen Anne on 120th Street listed for $849,000, which has a redone kitchen, original stained glass, seven bedrooms and a spacious porch.

Homes located in inland areas have lower prices — home rentals can be had for $2,500 a month and one-bedroom co-ops can sell for under $200,000, but Jackson said home values are currently on the upswing. [NYDN]