$799,000

7221 Hillmeyer Ave Arverne, NY 11692

Arverne Neighborhood

Estimated payment $4,662/month

-- Bed
2 Baths
2,001 Sq Ft
$399 Price per Sq Ft

Highlights

  • Tankless Water Heater
  • Baseboard Heating
  • Partially Fenced Property
  • Tile Flooring
  • Private Driveway
  • Back and Front Yard

About This Home

Welcome to a fully renovated, move-in ready two-family home offering flexibility, efficiency, and immediate income potential. Both units are vacant and newly updated, making this the perfect opportunity for an end-user looking to live in one unit while generating passive income from the other — or for an investor seeking a turnkey rental property. This property features: • Two renovated units ready for immediate occupancy • Solar panels for improved energy efficiency • Tankless hot water system • Private driveway • Private backyard space • Separate entrances for added privacy Whether you're looking to offset your mortgage with rental income or expand your portfolio with a low-maintenance asset, this home delivers versatility and long-term value. Located in Rockaway Beach, close to transportation, the beach, and neighborhood amenities, this home offers everything. Move right in. Rent right away. Start generating income immediately.

Listing Agent

Nicole Switzer

Rockaway Properties Listed on: 04/07/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,302

Year Built

  • Built in 2000

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30
  • Partially Fenced Property
  • Back and Front Yard

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,001 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 2 Parking Spaces
  • Private Driveway

Utilities

  • Baseboard Heating
  • Radiant Heating System
  • 110 Volts
  • Tankless Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 16058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,302

Year Built

Built in 2000

Lot Details

3,000 Sq Ft Lot

Listing Details

  • Basement Amenities: None
  • Borough: Queens
  • Building Length: 47.00
  • Building Width: 23.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Beach 72nd
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 2001
  • Building Stories: 2
  • Street Name I D X: Hillmeyer
  • Year Built: 2000
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Flooring: Carpeting, Laminate, Tile
  • Lot Sq Ft: 3000

Exterior Features

  • Yard: Back, Front, Fenced - Partial
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block, Wood Frame
  • Exterior: Siding
  • Foundation Details: Slab Concrete
  • Lot Number: 68
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Radiant
  • Hot Water: Tankless

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 30
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 4302.00

Multi Family

  • Unit Count: 2

Map

Range of Values:

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Value Increase
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Percent Increase
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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

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 $3,645 $21,946 $4,196 $17,750
2024 $1,736 $21,946 $4,375 $17,571
2023 $3,611 $21,780 $4,322 $17,458
2022 $686 $32,220 $7,560 $24,660
2021 $1,408 $26,820 $7,560 $19,260
2020 $3,212 $27,840 $7,560 $20,280
2019 $3,533 $27,660 $7,560 $20,100
2018 $3,402 $18,150 $5,511 $12,639
2017 $3,191 $17,123 $5,800 $11,323
2016 $2,919 $17,123 $5,800 $11,323
2015 $2,475 $15,240 $6,300 $8,940
2014 $2,475 $15,240 $6,300 $8,940
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2026 04/07/26 For Sale $799,000 -- $399 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $211,000 Stewart Title Insurance Co
Deed -- Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,850 FHA
Closed $210,850 Purchase Money Mortgage
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 500271

Brooklyn Board of REALTORS®

APN: 16058-0068

New York Queens County Arverne 11692 Arverne

7221 Hillmeyer Ave, Arverne, NY

For Sale

MultiFamily

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Nicole Switzer
Listing Agent
Nicole Switzer
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Rockaway Properties
(929) 709-0261
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