256 Beach 126th Street Belle Harbor, NY 11694
MULTI_FAMILY - Belle Harbor, NY
Property Features for 256 Beach 126th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3X
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1
- Parking features
- Garage
- Patio and Porch features
- Patio
- Interior features
- Patio Garden
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,050 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9617
Building Details
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Wood Frame
- Roof type
- Shingle
Listing agent George L. Clark III (718) 266-3900
Listing office George L Clark Inc 155 Avenue U, Brooklyn, NY (718) 266-3900
Listing date Jul 10, 2026
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.
The property includes a private driveway, a built-in 1-car garage, hardwood flooring throughout, and a second-floor porch. Outdoors, there is a large rear yard, and the home is described as a short distance to the beach, boardwalk, public transportation, schools, restaurants, shopping, houses of worship, and parks.
With multiple interior living areas across the two levels and a finished basement, the layout supports flexible use compared to a single-residence setup.
Key Highlights
- 2‑family corner home on a 50' x 100' lot, currently used as a 1‑family setup
- Flexible layout: first floor with living room, dining area, sun porch, 2 bedrooms, modern kitchen, and 3/4 bath
- Second floor includes two rooms, a full bath, and an exterior porch
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.7k | $46.20 |
| − Vacancy | −$3.6k | −$1.76 |
| EGI | $91.1k | $44.44 |
| − OpEx | −$41.0k | −$20.00 |
| NOI | $50.1k | $24.44 |
