20 E Pine St Long Beach, NY 11561
Long Beach AreaEstimated payment $6,080/month
Highlights
- Hot Property
- Lido Elementary School Rated A
- 2 Car Garage
About This Home
Don't miss this exceptional opportunity to own a **legal two-family** home in the heart of Long Beach. This well-maintained, **income-producing property** is being sold **with paying tenants in place**, making it an ideal investment for buyers seeking immediate cash flow. The property currently generates **$5,400 per month in gross rental income ($64,800 annually)**. The first-floor unit is occupied with a lease in place through **October 31, 2026**. The second-floor unit is also occupied on a **month-to-month tenancy**. Each spacious unit features **3 bedrooms, 1.5 bathrooms**, generously sized rooms, and excellent closet and storage space. Additional highlights include a **two-car garage**, a **basement with bonus space** with separate entrance, and a location just **minutes from the beach**, shopping, restaurants, parks, bars, and public transportation. The home is in **excellent condition** with **multiple important updates**, including the **roof, windows, boiler, and hot water heater**, all completed approximately **10–15 years ago**. A **new rear deck** provides additional outdoor living space and enhances the property's appeal. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this legal two-family offers strong rental income, valuable updates, and an unbeatable Long Beach location. Don't miss this excellent investment opportunity!
Listing Agent
Fave Realty Inc Brokerage Phone: 516-519-8049 License #10301223695 Listed on: 07/13/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,981
Year Built
- Built in 1988
Lot Details
- 4,935 Sq Ft Lot
Parking
- 2 Car Garage
- Driveway
Home Design
- Duplex
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Schools
- Lindell Boulevard Elementary School
- Long Beach Middle School
- Long Beach High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Natural Gas Connected
Additional Features
- Partially Finished Basement
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Assessor Parcel Number 1000-59-092-00-0060-0
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,854 | $476 | $240 | $236 |
| 2025 | $6,854 | $476 | $240 | $236 |
| 2024 | $898 | $476 | $240 | $236 |
| 2023 | $7,232 | $476 | $240 | $236 |
| 2022 | $7,704 | $476 | $240 | $236 |
| 2021 | $8,132 | $456 | $230 | $226 |
| 2020 | $8,298 | $884 | $455 | $429 |
| 2019 | $1,223 | $884 | $455 | $429 |
| 2018 | $5,255 | $884 | $0 | $0 |
| 2017 | $5,882 | $884 | $455 | $429 |
| 2016 | $1,091 | $884 | $455 | $429 |
| 2015 | $1,085 | $884 | $455 | $429 |
| 2014 | $1,085 | $884 | $455 | $429 |
| 2013 | $1,037 | $884 | $455 | $429 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/13/2026 07/13/26 | For Sale | $919,999 | -- | $399 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $285,000 | -- |
Source: OneKey® MLS
MLS Number: 1025115
APN: 1000-59-092-00-0060-0
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Based on information submitted to the MLS GRID
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