$1,250,000
SOLD NOV 24, 2025

318 E Olive St Long Beach, NY 11561

6 Beds
4 Baths
3,192 Sq Ft
4,000 Sq Ft Lot

Recently Sold

$392 Per Sq Ft

4% Below List Price

15 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Cathedral Ceiling
  • Lido Elementary School Rated A
  • Living Room with Fireplace
  • Balcony

About This Home

As of November 2025

Legal multi-family with two spacious, stylish units, each offering 3 bedrooms, 2 full baths, a private deck, in-unit washer/dryer, and a cozy wood-burning fireplace (6 beds/4 baths total). The layout provides comfort, privacy, and versatility for a variety of living arrangements. A full basement adds even more space, featuring a wet bar, living area, two additional rooms, and a separate entrance - ideal for a home office, guest suite, or entertainment/hobby space. Additional highlights include a two-car garage, private backyard, and a brand-new outdoor shower! Whether you’re an investor seeking rental income, planning for multi-generational living, or dreaming of owning a beachside home while renting the other unit to offset your mortgage, this property offers endless possibilities. Located in a prime Long Beach location just minutes to the LIRR, major parkways, shopping, dining, cafes, boutiques, and fitness studios and only half a mile to the golden sandy beach. Don’t just dream of beach living, make it your reality!

Last Agent to Sell the Property

Jennifer McConnell

BERKSHIRE HATHAWAY Brokerage Phone: 516-987-9688 License #10301215201 Listed on: 08/13/2025

BERKSHIRE HATHAWAY

Last Buyer's Agent

Jennifer McConnell

BERKSHIRE HATHAWAY Brokerage Phone: 516-987-9688 License #10301215201 Listed on: 08/13/2025

BERKSHIRE HATHAWAY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,000

Year Built

  • Built in 1996

Lot Details

  • 4,000 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Aluminum Siding
  • Stucco

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Soaking Tub

Finished Basement

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

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Schools

  • East Elementary School
  • Long Beach Middle School
  • Long Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1000-59-142-00-0011-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,000

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1996
  • Attribution Contact: 516-987-9688
  • Carport Y N: No
  • CurrentPrice: 1250000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 14139433.5512
  • CurrentPrice_By_BuildingAreaTotal: 391.60401
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Kitchen Island, Open Floorplan, Open Kitchen, Primary Bathroom, Recessed Lighting, Soaking Tub
  • Fireplaces: 2
  • Fireplace Features: Living Room, Wood Burning
  • Full Bathrooms: 4
  • Basement: Finished, Full, See Remarks, Walk-Out Access
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Basement YN: Yes

Exterior Features

  • Other Structures: Garage(s)
  • Construction Materials: Aluminum Siding, Frame, Stucco
  • Fencing: Back Yard
  • Pool Private: No
  • Spa: No
  • Exterior Features: Balcony
  • Patio and Porch Features: Deck, Patio, Porch
  • Waterfront: No
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Total Parking Spaces: 4
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, Driveway, Garage, Off Street, Private

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Long Beach Middle School

Lot Info

  • Lot Size Acres: 0.0918
  • Lot Size Sq Ft: 4000
  • Parcel Number: 1000-59-142-00-0011-0
  • Property Attached: No
  • Additional Parcels: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 19000
  • Tax Year: 2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2025
Closed on
Nov 21, 2025
Sold by
Ansis Kristen M and Huarneck Steven R
Bought by
Stokes Thomas J
Seller's Agent
Jennifer McConnell
BERKSHIRE HATHAWAY
Buyer's Agent
Jennifer McConnell
BERKSHIRE HATHAWAY
List Price
$1,298,000
Sold Price
$1,250,000
Premium/Discount to List
-$48,000
-3.7%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.45%

Purchase Details

Closed on
Mar 8, 2019
Sold by
Gannon Patrick and Gannon Kimberly
Bought by
Anisis Kristen M and Huarneck Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,442
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2000
Sold by
Johnson Jean
Bought by
Gannon Patrick
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $1,250,000 Preferred Abstract Corp
Bargain Sale Deed $790,000 Advantage Title
Bargain Sale Deed $790,000 Advantage Title
Bargain Sale Deed $790,000 Advantage Title
Deed $450,000 Stepehn Papandon
Deed $450,000 Stepehn Papandon
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $723,442 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Sold $1,250,000 -3.7% $392 / Sq Ft
08/28/2025 08/28/25 Pending -- -- --
08/13/2025 08/13/25 For Sale $1,298,000 -- $407 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

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 $10,454 $726 $266 $460
2024 $1,164 $697 $255 $442
2023 $8,978 $751 $275 $476
2022 $8,978 $751 $275 $476
2021 $18,371 $790 $207 $583
2020 $14,344 $1,185 $785 $400
2019 $1,724 $1,246 $619 $627
2018 $1,560 $1,246 $0 $0
2017 $7,839 $1,178 $671 $507
2016 $1,454 $1,449 $619 $830
2015 $1,778 $1,449 $619 $830
2014 $1,778 $1,449 $619 $830
2013 $2,267 $1,932 $825 $1,107
Source: Public Records

Agents Affiliated with this Home

  • Jennifer McConnell

    Seller's Agent in 2025

    Jennifer McConnell

    BERKSHIRE HATHAWAY

    (516) 987-9688

    19 in this area

    51 Total Sales

    Jennifer McConnell
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Map

Source: OneKey® MLS

MLS Number: 900729

OneKey® MLS

APN: 1000-59-142-00-0011-0

New York Nassau County Long Beach 11561

318 E Olive St, Long Beach, NY

Sold

MultiFamily

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