Two-Family Residential Building with
96-18 Shore Front Parkway Rockaway Beach, NY 11693
For Sale
$1,198,000
MULTI_FAMILY - Rockaway Beach, NY
Property Size4,000 SF
Lot Size0.04 Acres
Price / SF$299.50
Days on Market122
Property Features for 96-18 Shore Front Parkway
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
5
Rooms
Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 1, Basement, Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 5, Bedroom 5
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 Agency:
RE/MAX 1st Choice
(516) 888-6000
Listed By:
Yixiong Zheng
(646) 897-9960
Added: Mar 31
Changed: Jul 18
Last Checked: Jul 30 at 7:06AM
MLS# 978765
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 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.
Key Highlights
- 2003‑built Rockaway Beach view 2‑family property with beach front waterfront features
- Approximately 3,000 sqft of living area plus a 1,000 sqft basement
- First floor: 2 bedrooms, 2 bathrooms, living room, with its own heating system and thermostat
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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: 2003‑built Rockaway Beach view 2‑family property with beach front waterfront features; Approximately 3,000 sqft of living area plus a 1,000 sqft basement; First floor: 2 bedrooms, 2 bathrooms, living room, with its own heating system and thermostat
