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Two-Unit Residential Income Duplex
For Sale
$679,000
Pending

16 E Pine Street, Long Beach, NY 11561

Duplex with two 2-bedroom, one-bath apartments, including a backyard and terrace, with the upstairs unit currently vacant.

Property SizeContact for details
Days on Market620

Property Features for 16 E Pine Street

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $10,829

Building Details

Year Built 1949
Listing Agency: Coldwell Banker American Homes
Listed By: Angie Teresa Vazquez · License #10401263815
Source: Exitrealty
Added: Dec 10, 2024 Changed: Aug 8 Last Checked: Jul 30 at 4:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker American Homes

Investment Insights

Based on property information with market context.

This two-unit duplex offers two separate living levels, each with a 2-bedroom layout and one full bath. The downstairs unit includes a kitchen and living room. The upstairs unit includes a kitchen and living room and is currently vacant. Both levels include outdoor space, with a terrace on the upstairs level and a backyard suitable for outdoor entertaining.

The property is described as being in the heart of Long Beach and is presented as a fit for either an owner-occupant who rents one unit or an investor seeking rental income. The downstairs unit is noted as having no lease in place.

Overall, the building provides a straightforward live-in-and-rent setup with clear separation by floor and a mix of indoor living areas and outdoor space.

Key Highlights

  • 1949‑built duplex with two 2‑bedroom, 1‑bath apartments
  • Upstairs unit is currently vacant; downstairs unit is without an active lease
  • Downstairs unit layout includes 2 bedrooms, full bath, kitchen, living room, and terrace

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Daycare Center Furniture & Home Goods Hair Salon Barber Shop (Bike/Boat/Book/etc) Store Storage Facility

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

1,727
Businesses Nearby

Demographics for 11561, NY

39,132
Population
18,442
Households
2.1
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
4.0 sq mi
ZIP Area
9,783
Density / Sq Mi
$132,903
Median Household Income
$72,221
Median Earnings
$2,462
Median Rent
$676,600
Median Home Value

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 - Duplex with two 2-bedroom, one-bath apartments, including a backyard and terrace, with the upstairs unit currently vacant.
Where is this duplex located?
The property is located at 16 E Pine Street Long Beach, NY.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 1949‑built duplex with two 2‑bedroom, 1‑bath apartments; Upstairs unit is currently vacant; downstairs unit is without an active lease; Downstairs unit layout includes 2 bedrooms, full bath, kitchen, living room, and terrace
More about this property
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