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Two-Family Corner Home with Garage

256 Beach 126th Street Belle Harbor, NY 11694

New
256 Beach 126th Street, Belle Harbor, NY, 11694
$1,099,000
For Sale
Claim this Listing
$1,099,000

MULTI_FAMILY - Belle Harbor, NY

Property Size2,050 SF
Lot Size0.11 Acres
Price / SF$536.10
AddedJul 10
Days on Market7
Last RefreshJul 16 at 5:06 am

Property Features for 256 Beach 126th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3X
Bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Parking features
Garage
Patio and Porch features
Patio
Interior features
Patio Garden
Basement
Full, Finished
Standard status
Active
Size
2,050 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Annual Amount
9617

Building Details

Number of units
2
Flooring type
Hardwood
Building materials
Wood Frame
Roof type
Shingle

Listing agent George L. Clark III

Listing office George L Clark Inc 155 Avenue U, Brooklyn, NY

Listing date Jul 10, 2026

MLS# 502942 Listing URL

Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 corner two-family home is currently configured as a 1-unit residence and sits on a 50' x 100' lot. The first floor includes a living room, dining area, sun porch, two bedrooms, a modern kitchen, and a 3/4 bath. The second floor features two rooms, a full bath, and an exterior porch. Additional space includes a large finished basement room with a 3/4 bath, along with storage space suited for everyday needs.

The property includes a private driveway, a built-in 1-car garage, hardwood flooring throughout, and a second-floor porch. Outdoors, there is a large rear yard, and the home is described as a short distance to the beach, boardwalk, public transportation, schools, restaurants, shopping, houses of worship, and parks.

With multiple interior living areas across the two levels and a finished basement, the layout supports flexible use compared to a single-residence setup.

Key Highlights

  • 2‑family corner home on a 50' x 100' lot, currently used as a 1‑family setup
  • Flexible layout: first floor with living room, dining area, sun porch, 2 bedrooms, modern kitchen, and 3/4 bath
  • Second floor includes two rooms, a full bath, and an exterior porch

Local Financial Insights For Apartment 5plus

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 $94.7k $46.20
− Vacancy −$3.6k −$1.76
EGI $91.1k $44.44
− OpEx −$41.0k −$20.00
NOI $50.1k $24.44
2,050 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$715.9K
$626.4K – $835.2K (±1% cap)
NOI $50,111 @ 7.0% cap · market cap 4.56%
Second Best
Multifamily LT 5
$484.7K
$424.1K – $565.5K (±1% cap)
NOI $33,931 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,790 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Big Box & Wholesale Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Hair Salon (Bike/Boat/Book/etc) Store Barber Shop Kitchen & Bath Showroom Tech Support Center Real Estate Agency

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

FAQs

What type of property is this?
Duplex - Two-family corner home with private driveway, built-in 1-car garage, and updated gas heating on a 50-by-100 lot.
Where is this duplex located?
The property is located at 256 Beach 126th Street Belle Harbor, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 2‑family corner home on a 50' x 100' lot, currently used as a 1‑family setup; Flexible layout: first floor with living room, dining area, sun porch, 2 bedrooms, modern kitchen, and 3/4 bath; Second floor includes two rooms, a full bath, and an exterior porch
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