121 W Chester Street, Long Beach, NY 11561
MULTI_FAMILY - Long Beach, NY
- Added:
- Mar 11, 2026
- Days on Market:
- 109
- Last Refresh:
- Jun 27 at 7:06 am
Property Features for 121 W Chester Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 2, Bedroom 3, Bathroom 4, Basement, Bedroom 2, Bedroom 7, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 3
- Parking
- 5
- Parking features
- Driveway, Garage
- Interior features
- First Floor Bedroom, Open Floorplan
- Basement
- Finished, Full
- Standard status
- Active
- APN
- 1000-59-069-00-0065-0
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 17863
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Stucco
Listing agent Tamta Gigilashvili License #10401363424 (646) 696-0309
Listing office Douglas Elliman Real Estate 30a Park Ave, Huntington Station, NY (516) 432-3400
Listing date Mar 11, 2026
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
- Approx. 3,397 SF total living space on a 6,000 SF (60 x 100) lot, including basement and finished floors
- First floor: approx. 1,234 SF with 3 bedrooms and 2 full bathrooms, spacious kitchen and living room, plus first‑floor bedroom
- Fully finished basement: approx. 830 SF, adding additional living space
- Second floor: approx. 862 SF with 2 bedrooms, 2 bathrooms, and a private balcony
- Third floor: approx. 472 SF of additional finished space for flexible use
- Year built 1920 with stucco exterior; natural gas heating and window/wall unit cooling; driveway plus garage parking
Overview
The second floor includes 2 bedrooms and 2 bathrooms and opens to a private balcony. An additional finished space on the third floor adds further versatility for a variety of tenant or owner-occupant needs. Outside, the property offers a large backyard, a garage, and a driveway with multiple parking spaces.
With its multi-level configuration, this home can support varied household sizes while maintaining clear separation of space by floor. The location is convenient to local shops, the LIRR train station, and the beach and boardwalk, making it practical for both tenants and end users seeking an established residential income property in Long Beach.
Local Financial Insights For Multifamily LT 5
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 | $97.8k | $28.80 |
| − Vacancy | −$5.4k | −$1.58 |
| EGI | $92.5k | $27.22 |
| − OpEx | −$27.7k | −$8.16 |
| NOI | $64.7k | $19.05 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Nassau
- State
- New York
- Longitude
- -73.667803
- Latitude
- 40.589592
