$1,250,000
PENDING

161 W Walnut St Long Beach, NY 11561

Estimated payment $8,224/month

Total Views 5,140
7 Beds
6 Baths
3,000 Sq Ft
$417 Price per Sq Ft

Highlights

  • Property is near public transit
  • Wood Flooring
  • Community Pool
  • Lido Elementary School Rated A
  • Main Floor Primary Bedroom
  • Covered Patio or Porch

About This Home

Welcome to 161 West Walnut Street – A Grand Beachside Two-Family Residence Like No Other

Just 1,600 feet from the Atlantic Ocean and tucked into Long Beach’s coveted Westholme area, this sprawling and truly one-of-a-kind two-family home offers an unparalleled blend of scale, sophistication, and coastal charm. With an impressive seven bedrooms and five full bathrooms, the sheer size and flexibility of this property are extraordinary.

From the moment you arrive, you’ll be struck by the home’s commanding presence. The newly finished stucco exterior is complemented by brand-new windows, doors, and gutters, showcasing a residence that has been meticulously maintained. An oversized front porch welcomes you with ocean-kissed breezes, setting the stage for relaxed beachside living.

Inside, the main unit spans three levels, featuring a gracious open-concept layout on the first floor with hardwood floors, soaring 9-foot ceilings, a sunlit living room, dining area, spacious kitchen, laundry, and a powder room. The second floor offers a serene primary suite with ensuite bath, an additional bedroom and full bathroom, while the top floor includes three more bedrooms and another full bath, ideal for large families or guests.

The second unit—smartly configured with its own private entrance—offers two additional bedrooms, a full bath, living and dining areas, and a kitchen. Whether used for extended family, guests, or as a lucrative income-producing rental, this space offers tremendous versatility.

The exterior is equally impressive. A five-car driveway and detached garage offer rare parking in this vibrant area, while the expansive backyard provides the perfect canvas for outdoor entertaining, gardening, or future enhancements. Notably, the basement remained dry during Hurricane Sandy, a rare and valuable feature that speaks to the quality and elevation of this property.

Additional highlights include:
– Flood Insurance ($1500) WOW
– Central air conditioning throughout
– Two boilers, two hot water heaters, and two electric meters
– Exceptionally low taxes and flood insurance
– A location just moments from the boardwalk, LIRR, restaurants, shops, and all the energy of Long Beach living

Whether you're seeking a forever home with room to grow or a strategic investment in one of Long Island’s most dynamic coastal communities, 161 West Walnut is a rare opportunity to have it all—scale, style, income potential, and an unbeatable beachside lifestyle.

Welcome to a life of comfort, convenience, and coastal beauty.

Listing Agent

Glen Fox

Douglas Elliman Real Estate Brokerage Phone: 516-432-3400 License #10401340274 Listed on: 05/19/2025

Douglas Elliman Real Estate

Co-Listing Agent

Kristin Altfather

Douglas Elliman Real Estate Brokerage Phone: 516-432-3400 License #10401340273

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,113

Year Built

  • Built in 1940

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Fenced
  • Back Yard

Parking

  • 1.5 Car Detached Garage

Home Design

  • Duplex
  • Frame Construction
  • Stucco

Interior Spaces

  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Entrance Foyer
  • Wood Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Long Beach Middle School
  • Long Beach High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Covered Patio or Porch
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 44 / 71
  • Assessor Parcel Number 1000-59-071-00-0044-0

Community Details

Overview

  • 2 Units

Recreation

  • Community Pool
  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,113

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Mini Estate, Other
  • Property SubType: Duplex
  • Property Condition: Actual
  • Year Built: 1940
  • Attribution Contact: 516-432-3400
  • Co List Office Mls Id: KEYDERE58
  • Co List Office Phone: 516-432-3400
  • Carport Y N: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Entrance Foyer, Master Downstairs, Primary Bathroom, Walk-In Closet(s)
  • Flooring: Hardwood
  • Full Bathrooms: 6
  • Basement: Full, See Remarks, Storage Space, Walk-Out Access
  • Total Bedrooms: 7
  • Fireplace: No
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame, Stucco
  • Fencing: Fenced
  • Pool Private: No
  • Spa: No
  • View: Neighborhood
  • Patio and Porch Features: Covered
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 5
  • Garage Spaces: 1.5
  • Garage: Yes
  • Parking Description: Detached, Private

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Pool

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Long Beach Middle School

Lot Info

  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Building Area Total: 3000
  • Lot Features: Back Yard, Near Public Transit, Near School, Near Shops
  • Parcel Number: 1000-59-071-00-0044-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Tenant Pays: Electricity, Gas, See Remarks

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 17112.94
  • Tax Block: 71
  • Tax Lot: 44
  • Tax Year: 2025

MLS Schools

  • High School: Long Beach High School
  • Middle School District: Long Beach

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,229 $681 $220 $461
2024 $1,229 $724 $234 $490
2023 $8,795 $730 $236 $494
2022 $8,795 $730 $236 $494
2021 $15,690 $745 $238 $507
2020 $5,752 $703 $511 $192
2019 $1,042 $753 $513 $240
2018 $5,714 $803 $0 $0
2017 $4,733 $837 $517 $320
2016 $1,033 $886 $496 $390
2015 $1,148 $935 $511 $424
2014 $1,148 $935 $511 $424
2013 $1,147 $978 $535 $443
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Pending -- -- --
05/19/2025 05/19/25 For Sale $1,250,000 0.0% $417 / Sq Ft
12/11/2024 12/11/24 Off Market $1,700 -- --
03/21/2020 03/21/20 Rented $1,700 0.0% --
03/14/2020 03/14/20 Price Changed $1,700 -5.6% $1 / Sq Ft
03/12/2020 03/12/20 Price Changed $1,800 +5.9% $1 / Sq Ft
03/11/2020 03/11/20 Price Changed $1,700 -5.6% $1 / Sq Ft
02/24/2020 02/24/20 Price Changed $1,800 -5.3% $1 / Sq Ft
01/05/2020 01/05/20 For Rent $1,900 +46.2% --
04/08/2013 04/08/13 For Rent $1,300 0.0% --
04/08/2013 04/08/13 Rented $1,300 -- --
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $905,000 Fidelity National Title
Deed -- --
Interfamily Deed Transfer -- --
Deed $620,000 --
Deed -- James Faletta
Deed $170,000 Nathan Erlich
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $677,704 New Conventional
Closed $678,750 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $76,500 No Value Available
Source: Public Records

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Source: OneKey® MLS

MLS Number: 862736

OneKey® MLS

APN: 1000-59-071-00-0044-0