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Legal Two-Family Home with Deck
For Sale
$1,125,000
Pending

414 E Olive Street, Long Beach, NY 11561

MULTI_FAMILY - Long Beach, NY

Property SizeContact for details
Lot Size0.14 Acres
Days on Market104

Property Features for 414 E Olive Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Dining Room, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 5, Basement, Bedroom 5, Bathroom 3, Bedroom 2
Parking features On Street, Driveway, Garage
Window features Blinds
Interior features First Floor Bedroom, First Floor Full Bath, Built-in Features, Eat-in Kitchen, Entrance Foyer, Formal Dining, High Ceilings, Storage, Walk Through Kitchen, Walk-In Closet(s)
Basement Storage Space
Elementary school Lido Elementary School
Elementary school district Long Beach
Middle school district Long Beach
High school district Long Beach
Directions long beach rd to Franklin ave to East Olive
Standard status Pending
APN 1000-59-157-00-0011-0
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 23642

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Baseboard
Cooling system Wall/Window Unit(s), Ductless, Window Unit(s)
Water source Public

Building Details

Year built 1925
Number of units 2
Flooring type Hardwood
Building materials Shake Siding, Shingle Siding
Additional Structures Storage
Listing Agency: Douglas Elliman Real Estate
Listed By: Barbara Gunn · License #30GU0795004
Added: Apr 23 Changed: Aug 1 Last Checked: Aug 4 at 12:06PM
MLS# 984489

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 legal two-family home in Long Beach offers a spacious, well-laid-out interior with five bedrooms and five bathrooms. Hardwood floors run throughout, and the home includes a formal dining room and an entrance foyer. The configuration supports two full kitchens, with two refrigerators and two stoves, plus in-unit washer and dryer. A bonus room has been converted into a walk-in closet measuring 12'8" x 6'9". Heating is provided by baseboard, with cooling via wall/window unit(s), ductless systems, and window unit(s). Built in 1925 with shake and shingle siding, the home also includes multiple built-in and storage features.

Outside, the property sits on a 60 x 100 lot and provides two driveways and a large finished garage. A second-floor deck and PVC fencing add outdoor space and privacy with low-maintenance materials. Utilities include cable available, with public water and public sewer service.

Key Highlights

  • Legal two‑family home with five bedrooms and five bathrooms
  • 60 x 100 lot with two driveways
  • Two full kitchens with two refrigerators and two stoves

Property Analytics

Current Use

Pop Up Vows Wedding Service

Suggested Use

Top Pick Hair Salon Law Firm Daycare Center Barber Shop Bakery Dental Office

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

1,099
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family home with two full kitchens, in-unit washer and dryer, and a second-floor deck.
Where is this duplex located?
The property is located at 414 E Olive Street Long Beach, NY.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Legal two‑family home with five bedrooms and five bathrooms; 60 x 100 lot with two driveways; Two full kitchens with two refrigerators and two stoves
More about this property
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