$999,000

Estimated payment $5,936/month

Total Views 5,445
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • Terrace
  • 1 Car Attached Garage
  • Contemporary Architecture
  • Covered Patio or Porch
  • Entrance Foyer

About This Home

Don’t miss this incredible opportunity to own a legal two-family home in the highly sought-after community of Arverne by the Sea, Queens, NY. Listed at $999,000, this expansive property offers the perfect blend of coastal living and strong investment potential. Each unit is thoughtfully laid out, featuring spacious bedrooms. The home is fully occupied by excellent, reliable tenants who pay on time and take great care of the property—making this a true turnkey investment.With separate entrances and utilities for each unit, this setup is ideal for owner-occupants looking to offset their mortgage or investors seeking steady rental income. The property also includes off-street parking, a private backyard, and ample storage and laundry. Located just minutes from the beach, public transportation, shopping, and dining, this home offers both convenience and lifestyle appeal. Whether you're looking to expand your real estate portfolio or settle into a vibrant, oceanfront community, this home is a must-see.

Listing Agent

Nia Casilla

ROCKAWAY PROPERTIES Brokerage Phone: 718-634-3134 License #10301208805 Listed on: 05/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,419

Year Built

  • Built in 2004

Lot Details

  • 2,483 Sq Ft Lot
  • Lot Dimensions are 32x78
  • East Facing Home
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Terrace

Schools

  • Scholars' Academy Middle School
  • Scholars' Academy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Legal Lot and Block 33 / 16089
  • Assessor Parcel Number 16089-0033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,419

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Duplex
  • Year Built: 2004
  • Attribution Contact: 718-634-3134
  • Subdivision Name: Palmers Landing at Arverne By The Sea
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Full Bath, Entrance Foyer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Direction Faces: East
  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Back Yard
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Covered, Deck, Terrace
  • Waterfront: No
  • Foundation Details: Slab

Garage/Parking

  • Total Parking Spaces: 2
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, Driveway, Garage, Private

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Scholars' Academy

Lot Info

  • Lot Dimensions: 32x78
  • Lot Size Sq Ft: 2483
  • Parcel Number: 16089-0033
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6419
  • Tax Block: 16089
  • Tax Lot: 33
  • Tax Year: 2025

MLS Schools

  • High School: Scholars' Academy
  • Middle School District: Queens 27

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 $6,419 $38,362 $6,001 $32,361
2024 $6,419 $38,362 $6,348 $32,014
2023 $5,744 $38,072 $6,485 $31,587
2022 $4,872 $49,200 $9,780 $39,420
2021 $4,263 $49,980 $9,780 $40,200
2020 $3,575 $45,720 $9,780 $35,940
2019 $3,009 $45,660 $9,780 $35,880
2018 $2,599 $31,727 $8,005 $23,722
2017 $1,776 $29,932 $7,985 $21,947
2016 $1,583 $29,932 $7,985 $21,947
2015 $894 $26,640 $8,158 $18,482
2014 $894 $26,640 $8,158 $18,482
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $999,000 +46.9% --
12/09/2024 12/09/24 Off Market $680,000 -- --
12/30/2016 12/30/16 Sold $680,000 -1.3% $185 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $689,000 -- $187 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $680,000 --
Deed $680,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $550,900 --
Deed $550,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 New Conventional
Closed $460,000 New Conventional
Previous Owner $140,000 No Value Available
Previous Owner $181,250 Purchase Money Mortgage
Previous Owner $1,000 No Value Available
Source: Public Records

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Source: OneKey® MLS

MLS Number: 866058

OneKey® MLS

APN: 16089-0033