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    70-05 Catamaran Way Far Rockaway, NY 11692

    For Sale
    $999,500

    Two-family townhouse with ocean views, upgrades, and income potential.

    Lot size:
    0.07 Acres

    Property Features for 70-05 Catamaran Way

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    2007

    Source: BERKSHIRE HATHAWAY Agent Alice O Connor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oceanview Two-Family Townhouse in Arverne

    This two-family townhouse, an end unit offering abundant sunlight, is located in Arverne by the Sea. The main unit is a triplex featuring three bedrooms and two full bathrooms, with one bedroom and a full bathroom situated on the first floor. Upgrades include stainless steel appliances, granite countertops, a smart thermostat, Ring doorbells, and a garage wired for a level 2 EV charger. The property also boasts an inground sprinkler system and solar panels. The landscaped yard and patio space include a pathway to the oceanfront. Parking is ample with a garage and driveway. A bonus room can serve as office space or accommodate weekend guests. The property includes a roof terrace with ocean views. The property generates income with a one-bedroom tenant unit. The location is one block from the oceanfront and close to shops, restaurants, and transportation to NYC.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Far Rockaway
    County
    Queens
    State
    New York
    Longitude
    -73.79916
    Latitude
    40.588396

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    FAQs

    What type of property is this?
    Duplex - Two-family townhouse with ocean views, upgrades, and income potential.
    Where is this duplex located?
    The property is located at 70-05 Catamaran Way Far Rockaway, NY.
    What is the asking price?
    The asking price for this property is $999,500.
    What are key features of this property?
    This property features: - Oceanview roof terrace; - Income-generating one-bedroom tenant unit; - One block from the oceanfront, close to shops, restaurants, and transportation to NYC
    (646) 431-4296
    Request Owner's contact information
    70-05 Catamaran Way Far Rockaway, NY 11692
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    70-05 Catamaran Way Far Rockaway, NY 11692
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