$889,000
PENDING $40K PRICE DROP

425 E Penn St Long Beach, NY 11561

Estimated payment $6,226/month

Total Views 51,707
3 Beds
3 Baths
2,735 Sq Ft
$325 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • 2 Fireplaces
  • Eat-In Kitchen
  • Lido Elementary School Rated A
  • High Ceiling
  • Baseboard Heating

About This Home

LOCATION,LOCATION,LOCATION!! This beautiful beachside two-family home offers incredible investment potential and is ideally located seconds away from the beach. The downstairs unit features 2 spacious bedrooms, 2 bathrooms, stunning hardwood floors, and a cozy wood-burning fireplace in the living room. Upstairs, enjoy an open-concept layout with skylights and plenty of natural light, creating a bright and airy atmosphere. The property is close to local shops, restaurants, and public transportation, and is less than an hour away from New York City, making it a prime location for both convenience and charm. Whether you're looking for a great investment or a beachside retreat, this home is a must-see!

Listing Agent

Jimmy Amram

Douglas Elliman Real Estate Brokerage Phone: 516-432-3400 License #10401349623 Listed on: 03/06/2025

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,704

Year Built

  • Built in 1949

Lot Details

  • 4,000 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • High Ceiling
  • 2 Fireplaces
  • Eat-In Kitchen
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Schools

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

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1000-59-158-00-0051-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,704

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Duplex
  • Year Built: 1949
  • Attribution Contact: 516-432-3400
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, High Ceilings, Natural Woodwork, Other, Pantry
  • Fireplaces: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Other
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Trash Collection Public, 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
  • Building Area Total: 2735
  • Parcel Number: 1000-59-158-00-0051-0
  • Property Attached: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 16703.69
  • Tax Year: 2025

MLS Schools

  • Elementary School: East Elementary School
  • 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 $1,051 $646 $238 $408
2024 $1,051 $688 $254 $434
2023 $7,143 $707 $261 $446
2022 $7,143 $707 $261 $446
2021 $15,217 $712 $263 $449
2020 $11,764 $772 $770 $2
2019 $5,258 $827 $774 $53
2018 $5,350 $882 $0 $0
2017 $4,501 $937 $778 $159
2016 $1,157 $993 $644 $349
2015 $1,286 $1,048 $679 $369
2014 $1,286 $1,048 $679 $369
2013 $1,494 $1,273 $825 $448
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Pending -- -- --
03/17/2025 03/17/25 Price Changed $889,000 -4.3% $325 / Sq Ft
03/06/2025 03/06/25 For Sale $929,000 -- $340 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

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Source: OneKey® MLS

MLS Number: 829827

OneKey® MLS

APN: 1000-59-158-00-0051-0