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Duplex With Finished Basement
For Sale
$985,000

23-50 Oceancrest, Far Rockaway, NY 11691

MULTI_FAMILY - Far Rockaway, NY

Days on Market49

Property Features for 23-50 Oceancrest

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 3, Dining Room, Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 1, Basement, Bedroom 1
Parking features On Street, Driveway
Interior features Formal Dining, Natural Woodwork, Walk Through Kitchen
Basement Finished, Full
Elementary school Lighthouse Elementary School
Middle school Village Academy
High school Rockaway Collegiate High School
Elementary school district Queens 27
Middle school district Queens 27
High school district Queens 27
Standard status Active
APN 157540001

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3167

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1955
Number of units 2
Building materials Stucco
Listing Agency: Unlimited Homes Realty Inc
Listed By: Robert A. McLeod
Added: Jun 15 Changed: Jul 31 Last Checked: Aug 2 at 12:06PM
MLS# 1013746

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 well-maintained duplex offers hardwood floors throughout and a practical two-floor layout. The first and second floors each provide three generous bedrooms and two full bathrooms, along with a kitchen and a formal dining room. Interior features also include natural woodwork and a walk-through kitchen. A full finished basement adds additional living space, and includes a separate entrance for flexible use.

The property is built with stucco exterior materials and is heated with natural gas. Water is available via public service, and sewer is connected to the public sewer system. Parking is available with a driveway and on-street options.

Built in 1955, this Far Rockaway property includes on-site rooms such as multiple bedrooms and bathrooms, plus the finished basement space, providing a self-contained layout well suited for owner-occupants or tenants seeking separate living areas.

Key Highlights

  • First and second floors each feature three bedrooms and two full bathrooms
  • Hardwood floors throughout with natural woodwork and walk‑through kitchen
  • Full finished basement with separate entrance

Property Analytics

Current Use

Duplexes

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,097
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
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex in Far Rockaway with hardwood floors, finished basement, and public water and sewer service.
Where is this duplex located?
The property is located at 23-50 Oceancrest Far Rockaway, NY.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: First and second floors each feature three bedrooms and two full bathrooms; Hardwood floors throughout with natural woodwork and walk‑through kitchen; Full finished basement with separate entrance
More about this property
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