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Two-Unit Duplex with Ocean Views
New
For Sale
$1,190,000

140 Compass Place, Arverne, NY 11692

Residential Income, Arverne, NY

Property SizeContact for details
Lot Size0.09 Acres
Days on Market3

Property Features for 140 Compass Place

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1
Parking 2
Parking features Garage
Interior features Natural Woodwork, Open Floorplan, Recessed Lighting
Elementary school Ps 183 Dr Richard R Green
Middle school Scholars' Academy
High school Scholars' Academy
Elementary school district Queens 27
Middle school district Queens 27
High school district Queens 27
Standard status Active
APN 15905-0042
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2650

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Amenities

security system
roof terrace
patio
backyard

Building Details

Year built 2016
Number of units 2
Listing Agency: Coldwell Banker American Homes · Coldwell Banker Real Estate
Listed By: Alice O Connor
Added: Oct 3 Changed: Oct 5 Last Checked: Oct 5 at 4:06PM
MLS# 1058087

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2016, this duplex includes a three-bedroom, three-level primary residence and a separate one-bedroom, one-bath tenant unit. The main home features oak flooring, recessed lighting, an open living and dining area, and a kitchen with granite counters and maple cabinetry. Outdoor areas include a rear patio and yard, a private balcony, and a rooftop terrace with ocean views. A garage has an automatic opener, an EV Level 2 charger, and built-in storage; a private driveway provides additional parking. The property also has a home security system and motion-activated exterior camera.

The property is one block from the oceanfront in Arverne by the Sea. The tenant residence has ocean views, and the property is tax-abated. The lot measures 0.0938 acres.

Key Highlights

  • Two residential units, including a three‑bedroom primary home and a one‑bedroom, one‑bath tenant residence
  • Built in 2016 on a 0.0938‑acre lot
  • Tenant unit has ocean views and a private rooftop terrace

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Skin Care Clinic Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby

Demographics for 11692, NY

22,776
Population
8,475
Households
2.7
Avg Household Size
36
Median Age
27%
College-Educated
86%
High-School Grad
1.0 sq mi
ZIP Area
22,776
Density / Sq Mi
$49,507
Median Household Income
$39,737
Median Earnings
$1,274
Median Rent
$650,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - A separate tenant residence has one bedroom, one bath, and access to an ocean-facing roof terrace.
Where is this duplex located?
The property is located at 140 Compass Place Arverne, NY.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Two residential units, including a three‑bedroom primary home and a one‑bedroom, one‑bath tenant residence; Built in 2016 on a 0.0938‑acre lot; Tenant unit has ocean views and a private rooftop terrace
More about this property
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