7221 Hillmeyer Ave Arverne, NY 11692
Arverne NeighborhoodEstimated payment $4,112/month
Highlights
- High Ceiling
- Walk-In Closet
- Ceiling Fan
- Crown Molding
- Entrance Foyer
- Baseboard Heating
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
ROCKAWAY PROPERTIES Brokerage Phone: 718-634-3134 License #10401323798 Listed on: 06/17/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,302
Year Built
- Built in 2000
Lot Details
- 3,000 Sq Ft Lot
Parking
- Driveway
Home Design
- Duplex
- Frame Construction
Interior Spaces
- Crown Molding
- High Ceiling
- Ceiling Fan
- Entrance Foyer
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Schools
- Contact Agent Elementary School
- Contact Agent High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Natural Gas Connected
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Assessor Parcel Number 16058-0068
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $4,408 | $23,262 | $4,199 | $19,063 |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/07/2026 07/07/26 | Pending | -- | -- | -- |
| 06/17/2026 06/17/26 | For Sale | $699,000 | -- | $349 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $211,000 | Stewart Title Insurance Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $625,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Closed | $9,922 | No Value Available | |
| Closed | $210,850 | FHA | |
| Closed | $127,500 | Unknown |
Source: OneKey® MLS
MLS Number: 1015133
APN: 16058-0068
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