Corner Two-Family Residential
256 Beach 126th Street Belle Harbor, NY 11694
256 Beach 126th Street, Belle Harbor, NY, 11694
$1,099,000
For Sale
$1,099,000
MULTI_FAMILY - Belle Harbor, NY
Property Size2,050 SF
Lot Size0.11 Acres
Price / SF$536.10
Days on Market9
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 Agency
George L Clark Inc
(718) 266-3900
155 Avenue U, Brooklyn, NY
Listed by
George L. Clark III
(718) 266-3900
Added: Jul 10 Checked: Jul 18 at 1:06 am
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 residential property is currently configured as a one-family home, with space that may support flexible living arrangements. The first floor includes a living room, dining area, sun porch, two bedrooms, a modern kitchen, and a 3/4 bath. A second-floor layout features two rooms, a full bath, and an exterior porch. The basement includes a large finished room with a 3/4 bath plus storage space.
Set on a 50' x 100' lot, the property includes a private driveway, a built-in one-car garage, hardwood flooring, and an updated gas heating system. Additional features include ample closet space, a second-floor porch, and a large rear yard.
The home is described as being a short distance to the beach and boardwalk, with nearby public transportation, schools, restaurants, shopping, houses of worship, and parks.
Set on a 50' x 100' lot, the property includes a private driveway, a built-in one-car garage, hardwood flooring, and an updated gas heating system. Additional features include ample closet space, a second-floor porch, and a large rear yard.
The home is described as being a short distance to the beach and boardwalk, with nearby public transportation, schools, restaurants, shopping, houses of worship, and parks.
Key Highlights
- 2‑family corner home on a 50' x 100' lot in Belle Harbor
- Wood‑frame construction with shingle roof and hardwood flooring throughout
- Built‑in 1‑car garage plus private driveway parking
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
NOI $50,111 @ 7.0% cap · market cap 4.56%
Second Best
Multifamily LT 5
$484.7K
$424.1K – $565.5K
NOI $33,931 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
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
FAQs
What type of property is this?
Duplex - Two-family corner home with a finished basement, private driveway, built-in one-car garage, and a large rear yard.
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 in Belle Harbor; Wood‑frame construction with shingle roof and hardwood flooring throughout; Built‑in 1‑car garage plus private driveway parking
