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Ocean-View Duplex
New
For Sale
$1,190,000

140 Compass Place, Arverne, NY 11692

Residential Income, Arverne, NY

Property SizeContact for details
Lot Size0.09 Acres
Days on Market3

Property Features for 140 Compass Place

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Parking features Garage
Interior features Natural Woodwork, Open Floorplan, Recessed Lighting
Elementary school Ps 183 Dr Richard R Green
Middle school Scholars' Academy
High school Scholars' Academy
Elementary school district Queens 27
Middle school district Queens 27
High school district Queens 27
Standard status Active
APN 15905-0042
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2650

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Amenities

security system
roof terrace
patio
backyard

Building Details

Year built 2016
Number of units 2
Listing Agency: Coldwell Banker American Homes · Coldwell Banker Real Estate
Listed By: Alice O Connor
Added: Oct 3 Changed: Oct 4 Last Checked: Oct 5 at 9:06AM
MLS# 1058087

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.

Built in 2016, this duplex combines a multilevel main residence with a one-bedroom, one-bathroom tenant apartment featuring ocean views. The main home has three bedrooms, two full bathrooms, a first-floor powder room, and an open living and dining area. Interior finishes include oak flooring, recessed lighting, granite kitchen counters, maple cabinetry, and stainless steel appliances. Outdoor areas include a backyard, a balcony off one bedroom, and a rooftop terrace with ocean views.

The property sits one block from the oceanfront in Arverne by the Sea on a 0.0938-acre lot. Additional features include a garage with an automatic opener, Level 2 EV charger and storage shelving, plus a private driveway. The property has central air, forced-air natural gas heat, a security system, public water and sewer, and tax-abated status.

Key Highlights

  • Two‑unit property with a three‑bedroom main residence and a one‑bedroom, one‑bathroom tenant apartment
  • 0.0938‑acre lot in Arverne by the Sea, one block from the oceanfront
  • Built in 2016

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Skin Care Clinic Building Supply

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

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby

Demographics for 11692, NY

22,776
Population
8,475
Households
2.7
Avg Household Size
36
Median Age
27%
College-Educated
86%
High-School Grad
1.0 sq mi
ZIP Area
22,776
Density / Sq Mi
$49,507
Median Household Income
$39,737
Median Earnings
$1,274
Median Rent
$650,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - The two-unit property pairs a multilevel main residence with a separate one-bedroom apartment.
Where is this duplex located?
The property is located at 140 Compass Place Arverne, NY.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Two‑unit property with a three‑bedroom main residence and a one‑bedroom, one‑bathroom tenant apartment; 0.0938‑acre lot in Arverne by the Sea, one block from the oceanfront; Built in 2016
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