Doesn't look big enough for a blast cabinet. Check the specs.
It looks like an earlier model Quincy 216 to me, neat pump and well-built. There's two clues that give it away -- first, you don't see an intercooler wrapped around the crankshaft between the flywheel and the crank case, which means it's a single stage. Secondly, there are at least two suction and two discharge valves in the head. The fact that it's got a 5 HP motor on it (if true) probably means it's a 216 being driven at around 900 RPM. If you know the diameter of the motor pulley, we can probably give a pretty decent guestimation of the output.
At 5HP, a 216 would deliver around 10 SCFM @ 100 PSI, which will drive a smaller, less industrial blast cabinet, but it will probably be running continuously (which, by the way, this one is designed to do). The original rings on these weren't good for much past 100 PSI, but if you upgrade to the newer piston rings, it may be able to push 125. I'd watch the current being pulled by the motor, though, as at its current RPM, this may burn out the motor and/or begin to tax the electrical side of things.
I would probably pass at that price and keep my eyes open for a 325 or even a 240 if you don't need the higher pressures generated by a 2-stage pump. Late model 240s are known to easily push 135 PSI at higher flow rates even on a 5HP motor.
Edit: If this one actually delivers the rated SCFM currently as-is, a rebuild kit is probably ~$100. Simply cleaning up the valves and pressure lubrication system may keep this thing running another 10k hours with only basic maintenance, which is more than can be said for big box store compressors at the same price. Maybe the seller will negotiate?