Two-Family Residential Building with
96-18 Shore Front Parkway, Rockaway Beach, NY 11693
MULTI_FAMILY - Rockaway Beach, NY
Property size:
4,000 SFLot size:
0.04 AcresPrice / SF:
$299/SF- Added:
- Mar 31, 2026
- Days on Market:
- 72
- Last Refresh:
- Jun 10 at 4:06 am
Property Features for 96-18 Shore Front Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 2, Basement, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2
- Parking features
- Driveway
- Basement
- Walk-Out Access
- Standard status
- Active
- APN
- 16169-0010
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7355
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Baseboard
- Cooling system
- Electric
- Water source
- Public
- Water front features
- Beach Front
- Water front
- 1
Building Details
- Year built
- 2003
- Number of units
- 2
- Building materials
- Aluminum Siding
Listing agent Yixiong Zheng (646) 897-9960
Listing office RE/MAX 1st Choice 159 Northern Blvd, Great Neck, NY (516) 888-6000
Listing date Mar 31, 2026
MLS# 978765
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
- Beach‑front Rockaway Beach view home built in 2003 with aluminum siding and driveway parking
- 2‑family property with 4,000 SF building size and 3,000 SF of living area, plus a 1,000 SF basement
- 1st floor features 2 bedrooms, 2 bathrooms, living room, and its own heating system with thermostat
- 2nd floor is a duplex with 3 bedrooms and 3 bathrooms
- 3rd floor offers 4 bedrooms and 3 bathrooms
- Utilities include public water and public sewer; heating is natural gas/baseboard with electric cooling
Overview
This two-family residential building offers a total size of approximately 4,000 square feet, including about 3,000 square feet of living area and an approximately 1,000-square-foot basement. The first-floor unit features two bedrooms, two bathrooms, a living room, and its own heating system with a dedicated thermostat. The upper configuration includes multiple bedrooms and three bathrooms across the remaining duplex-style layout. Outdoor living is highlighted by an expansive balcony described as offering ocean views and sea breezes.
Located at 96-18 Shore Front Parkway in Rockaway Beach, New York, the property is positioned described as close to the train, supporting practical access for residents and guests. The setting is presented as a beach-view home, aligning with the coastal features called out in the remarks.
For buyers seeking an income-producing setup, the building’s two-family design and unit-specific heating provide a straightforward way to accommodate separate household needs. The combination of multi-bedroom living space, a dedicated thermostat for the first-floor unit, and an outdoor balcony makes the property a potential fit for tenants looking for both privacy and day-to-day comfort in a residential income format.
Located at 96-18 Shore Front Parkway in Rockaway Beach, New York, the property is positioned described as close to the train, supporting practical access for residents and guests. The setting is presented as a beach-view home, aligning with the coastal features called out in the remarks.
For buyers seeking an income-producing setup, the building’s two-family design and unit-specific heating provide a straightforward way to accommodate separate household needs. The combination of multi-bedroom living space, a dedicated thermostat for the first-floor unit, and an outdoor balcony makes the property a potential fit for tenants looking for both privacy and day-to-day comfort in a residential income format.
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 | $184.8k | $46.20 |
| − Vacancy | −$7.0k | −$1.76 |
| EGI | $177.8k | $44.44 |
| − OpEx | −$80.0k | −$20.00 |
| NOI | $97.8k | $24.44 |
4,000 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.40M
$1.22M – $1.63M
NOI $97,778 @ 7.0% cap · market cap 8.16%
Second Best
Multifamily LT 5
$945.8K
$827.6K – $1.10M
NOI $66,206 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$2.95M
$2.58M – $3.44M
NOI $206,419 @ 7.0% cap · market cap 17.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Rockaway Beach
- County
- Queens
- State
- New York
- Longitude
- -73.817657
- Latitude
- 40.583489
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - A spacious two-family property with separate unit heating and a balcony featuring ocean views.
Where is this duplex located?
The property is located at 96-18 Shore Front Parkway Rockaway Beach, NY.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Beach‑front Rockaway Beach view home built in 2003 with aluminum siding and driveway parking; 2‑family property with 4,000 SF building size and 3,000 SF of living area, plus a 1,000 SF basement; 1st floor features 2 bedrooms, 2 bathrooms, living room, and its own heating system with thermostat
