423 Beach 66th Street Arverne, NY 11692
MULTI_FAMILY - Arverne, NY
- Added:
- Jan 30, 2026
- Days on Market:
- 98
- Last Refresh:
- May 7 at 11:06 pm
Property Features for 423 Beach 66th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 3, Bedroom 8, Bathroom 1, Bedroom 9, Bedroom 3, Bathroom 4, Bedroom 1, Basement, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 2
- Parking features
- Garage, Driveway
- Interior features
- First Floor Bedroom, First Floor Full Bath, Primary Bathroom, Master Downstairs
- Basement
- Unfinished, Full
- Standard status
- Pending
- APN
- 160400060
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5169
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 3
- Building materials
- Aluminum Siding
Listing agent Marjorie Tornatore License #10401265902 (917) 407-3012
Listing office Compass Greater NY LLC 1468 Northern Blvd, New York, NY (516) 517-4751
Listing date Jan 30, 2026
MLS# 947481
Listing URL
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.
HighLights
- High Rental Income: Generates $6,100/month, providing excellent cash flow.
- Strong Investment Potential: Features an 8.14% cap rate, indicating a solid return on investment.
- Multi‑Family Structure: Contains three distinct units, ideal for rental income and/or owner occupancy.
- Prime Location: Situated minutes from beaches, parks, and local amenities, attracting renters and residents.
- Multiple Bedrooms & Bathrooms: Units offer a total of 9 bedrooms and 4 bathrooms.
- Additional Features: Includes a basement for storage, a garage for parking, and a private backyard.
Overview
Arverne Multi-Family Income Property
This multi-family property in Arverne, New York, presents a rental income opportunity. The property features three distinct units. The first-floor unit includes 4 bedrooms and 2 bathrooms, generating a rental income of $2,900 per month. It features a spacious layout with a kitchen. The second-floor unit offers 3 bedrooms and 1 bathroom, with a rental income of $2,000 per month. The third-floor unit has 2 bedrooms and 1 bathroom, providing a rental income of $1,200 per month. Additional features include a basement for extra storage, a garage for parking and storage, and a backyard. The total rental income is $6,100 per month, with a cap rate of 8.14%. The property is located minutes from beaches, parks, and local amenities. The units are in good condition, with potential for updates to increase rental value. The property is sold as is.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Arverne
- County
- Queens
- State
- New York
- Longitude
- -73.795541
- Latitude
- 40.593656
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Three-unit property near the beach with strong rental income.
Where is this multifamily property located?
The property is located at 423 Beach 66th Street Arverne, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: High Rental Income: Generates $6,100/month, providing excellent cash flow.; Strong Investment Potential: Features an 8.14% cap rate, indicating a solid return on investment.; Multi‑Family Structure: Contains three distinct units, ideal for rental income and/or owner occupancy.
