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Two-Story Duplex with Finished Basement
For Sale
$985,000

23-50 Oceancrest, Far Rockaway, NY 11691

Residential Income, Far Rockaway, NY

Property SizeContact for details
Days on Market88

Property Features for 23-50 Oceancrest

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 5, Bathroom 4, Bedroom 1, Basement, Bedroom 6, Bedroom 3, Dining Room, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 2
Parking features On Street, Driveway
Interior features Formal Dining, Natural Woodwork, Walk Through Kitchen
Basement Full, Finished
Elementary school Lighthouse Elementary School
Middle school Village Academy
High school Rockaway Collegiate High School
Elementary school district Queens 27
Middle school district Queens 27
High school district Queens 27
Standard status Active
APN 157540001

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3167

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1955
Number of units 2
Building materials Stucco
Listing Agency: Unlimited Homes Realty Inc
Listed By: Robert A. McLeod
Added: Jun 15 Changed: Sep 6 Last Checked: Sep 10 at 11:06PM
MLS# 1013746

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.

This duplex offers a six-bedroom, four-bathroom configuration across the first and second floors, with three bedrooms and two full bathrooms on each level. Interior features include hardwood flooring, natural woodwork, a walk-through kitchen, and a formal dining room. The finished basement has its own entrance, adding flexible interior space to the residence.

Constructed in 1955 with stucco exterior materials, the property is heated by natural gas. Parking includes a driveway and on-street availability. Public water and public sewer serve the property, with water available listed among the utilities. The property is located on Oceancrest in Far Rockaway, NY 11691.

Key Highlights

  • Duplex with 3 bedrooms and 2 full bathrooms on each of the 1st and 2nd floors
  • Full finished basement with separate entrance
  • Hardwood floors and natural woodwork throughout

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store

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

2,097
Businesses Nearby

Demographics for 11691, NY

64,673
Population
23,400
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
23,953
Density / Sq Mi
$57,027
Median Household Income
$40,366
Median Earnings
$1,444
Median Rent
$649,400
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Six-bedroom duplex with formal dining, hardwood interiors, and a separately accessed finished basement.
Where is this duplex located?
The property is located at 23-50 Oceancrest Far Rockaway, NY.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Duplex with 3 bedrooms and 2 full bathrooms on each of the 1st and 2nd floors; Full finished basement with separate entrance; Hardwood floors and natural woodwork throughout
More about this property
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