661 Grassmere Terrace Far Rockaway, NY 11691
Far Rockaway NeighborhoodEstimated payment $6,584/month
Total Views
2,785
6
Beds
5
Baths
2,000
Sq Ft
$562
Price per Sq Ft
Highlights
- Gourmet Kitchen
- Community Playground
- Baseboard Heating
- Main Floor Bedroom
- Park
About This Home
Space, style & modern luxury come together at 661 Grassmere Terrace! A 25x40 Built two family sitting on 42x95 lot on a beautiful quiet, tree lined street of Far Rockaway. Featuring a wide private driveway, tons of yard space to enjoy family & friends gatherings. Property spans 3,000 sq/ft of living space and is the perfect opportunity for buyers looking for income generating rental property to assist with mortgage payments and space.
The Rental unit is configured as 3 bedroom 2 bath rental which has the ability to generate $4,000/month to assist with mortgage payments. The owners unit is also a 3 bedroom 2 bath and can easily be used as a garden-basement duplex to create additional living/recreational space.
Both units enjoy expansive sun drenched formal living area which provides great space for entertaining. The formal dining area overlooks the beautiful granite kitchen any chef will love. Kitchen features floor to ceiling custom cabinetry, adorned with a full fleet of stainless steel appliances, and equipped with island with bar stool seating. 3 spacious king sized bedrooms, each equipped with ample closet space. The elegant primary suite is equipped with a private en suite with spa like finishes. Down the hall an additional bathroom is shared between the two other bedrooms and boast state of the art wall & floor tiles.
The high ceiling full finished basement is equipped with both interior and exterior access and can easily be used as the perfect in law suite, media den, storage space, or additional recreational space.
661 Grassmere Terrace has been fully gutted and remodeled by an expert team of contractors featuring select wide-oak wood flooring, recessed lighting, updated electrical, heating, and plumbing systems throughout.
Conveniently located with close proximity to major transportation which makes commuting a breeze. Short block to Rockaway Freeway, Cornaga Avenue, Ocean Crest Blvd. Stones throw to transportation, schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities.
Listing Agent
Keystone Realty USA Corp Brokerage Phone: 631-261-2800 License #10401217533 Listed on: 06/26/2025
Co-Listing Agent
Keystone Realty USA Corp Brokerage Phone: 631-261-2800 License #10401279263
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,445
Year Built
- Built in 1996
Home Design
- Duplex
- Brick Exterior Construction
- Frame Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- 5 Full Bathrooms
Parking
- 4 Carport Spaces
- Driveway
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Separate Meters
Additional Features
- Gourmet Kitchen
- Basement Fills Entire Space Under The House
- 3,991 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 15753-0098
Community Details
Overview
- 2 Units
Recreation
- Community Playground
- Park
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,445 | $28,734 | $5,809 | $22,925 |
| 2024 | $5,445 | $27,108 | $5,792 | $21,316 |
| 2023 | $5,137 | $25,574 | $5,219 | $20,355 |
| 2022 | $5,105 | $39,180 | $9,000 | $30,180 |
| 2021 | $5,341 | $36,180 | $9,000 | $27,180 |
| 2020 | $5,068 | $33,720 | $9,000 | $24,720 |
| 2019 | $4,726 | $35,640 | $9,000 | $26,640 |
| 2018 | $4,344 | $21,312 | $5,638 | $15,674 |
| 2017 | $4,344 | $21,312 | $6,904 | $14,408 |
| 2016 | $4,228 | $21,312 | $6,904 | $14,408 |
| 2015 | $2,490 | $19,954 | $6,220 | $13,734 |
| 2014 | $2,490 | $18,825 | $7,045 | $11,780 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Price Changed | $1,125,000 | +12.6% | $563 / Sq Ft |
| 06/26/2025 06/26/25 | For Sale | $999,000 | -- | $500 / Sq Ft |
Source: OneKey® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $360,000 | -- | |
| Deed | $360,000 | -- | |
| Deed | $225,000 | Stewart Title Insurance Co | |
| Deed | $225,000 | Stewart Title Insurance Co | |
| Deed | $36,500 | First American Title Ins Co | |
| Deed | $36,500 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | No Value Available | |
| Previous Owner | $46,950 | No Value Available | |
| Previous Owner | $508,250 | No Value Available | |
| Previous Owner | $382,500 | No Value Available | |
| Previous Owner | $350,000 | No Value Available | |
| Previous Owner | $299,700 | No Value Available | |
| Previous Owner | $72,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Far Rockaway, NY
Source: OneKey® MLS
MLS Number: 882863
APN: 15753-0098
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