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423 Beach 66th Street Arverne, NY 11692

View on Map
Pending
$899,000

MULTI_FAMILY - Arverne, NY

Added:
Jan 30, 2026
Days on Market:
61
Last Refresh:
Apr 1 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 4, Bedroom 8, Basement, Bathroom 1, Bathroom 3, Bedroom 7, Bedroom 9, Bathroom 4, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 5
Parking features
Driveway, Garage
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

TaxYear
2025
TaxAnnualAmount
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

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Listing Contact
Marjorie Tornatore
Marjorie Tornatore

Listing agent Marjorie Tornatore License #10401265902

Listing office Compass Greater NY LLC 1468 Northern Blvd, New York, NY

Listing date Jan 30, 2026

MLS# 947481

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.


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

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Arverne
County
Queens
State
New York
Longitude
-73.795541
Latitude
40.593656

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.
More about this property
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