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Brick Three-Family Triplex
For Sale
$999,000
Pending

1076 Gipson Street, Far Rockaway, NY 11691

Residential Income, Far Rockaway, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market50

Property Features for 1076 Gipson Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 6, Basement, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 7
Parking features Driveway, Off Street
Interior features High Ceilings
Basement Finished, Full
Elementary school Contact Agent
Middle school Call Listing Agent
High school Contact Agent
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Directions GPS
Standard status Pending
APN 15714-0051
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7098

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Ductless
Water source Public

Amenities

central air
attached garage

Building Details

Year built 2006
Number of units 3
Flooring type Hardwood
Building materials Brick
Listing Agency: Signature Premier Properties
Listed By: Walter Greene · License #10301213684
Added: Jul 13 Changed: Aug 28 Last Checked: Aug 31 at 2:06PM
MLS# 1021943

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 legal three-family brick residence was built in 2006 and is configured for three separate households. The first floor contains one bedroom and one bathroom with access to the backyard, while the second and third floors each provide three bedrooms and two bathrooms. The upper level adds high ceilings and a skylight. A full finished basement includes a separate entrance, subject to approvals.

The property has three gas meters, three electric meters, and three boilers, along with hardwood flooring, baseboard heat, and an attached garage. Off-street parking and a driveway are also included. Public water and public sewer serve the property. The 0.0644-acre parcel is near shopping, transit, schools, and parks in Far Rockaway.

Key Highlights

  • Legal three‑family residence with first‑floor 1‑bedroom layout and two upper 3‑bedroom units
  • Three gas meters, three electric meters, and three boilers
  • Full finished basement with separate entrance, subject to approvals

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,042
Businesses Nearby

Demographics for 11691, NY

64,673
Population
23,400
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
23,953
Density / Sq Mi
$57,027
Median Household Income
$40,366
Median Earnings
$1,444
Median Rent
$649,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separately metered residences include individual boilers, an attached garage, and a finished basement with separate access.
Where is this triplex located?
The property is located at 1076 Gipson Street Far Rockaway, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Legal three‑family residence with first‑floor 1‑bedroom layout and two upper 3‑bedroom units; Three gas meters, three electric meters, and three boilers; Full finished basement with separate entrance, subject to approvals
More about this property
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