Image source: NYDN
We learned that the home in Neponsit on the Rockaway peninsula that sold for $5.1 million in August is now uninhabitable after Hurricane Sandy came to visit. The NY Daily News reports, “The house was unoccupied when Hurricane Sandy hit. The first floor flooded, the foundation was ruptured, and the pool looked as if an earthquake hit it.” The house is located in Neponsit near Belle Harbor, which suffered from flooding and fire during the hurricane.
The new owner, Cary Pollack of Manhattan-based Meridian Capital Group, has not made a statement about the wrecked home, but local resident Robin Shapiro believes the home will keep its value after it is repaired and rebuilt. Such is the way with beachfront property in this part of NYC.