Detached
New
For Sale
$899,990
436 Beach 29th Street, Far Rockaway, NY 11691
A 2018-built residential property offers two separate family units.
Property Size2,976 SF
Price / SF$302.42
Days on Market4
Property Features for 436 Beach 29th Street
General Information
Standard status
Active
Size
2,976 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,060
Amenities
Eat-in Kitchen
Primary Bathroom
Building Details
Building Size
2,976 SF
Year Built
2018
Units
2
Listing Agency:
RE/MAX Southshore Realty
Listed By:
Kenny Kamil Sattaur
(718) 723-4848
Source:
Georgemcknight
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 26 at 4:01AM
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 RE/MAX Southshore Realty
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Investment Insights
Based on property information with market context.
This detached duplex contains two family units within a 2,976-square-foot building. Constructed in 2018, the property combines a two-unit residential configuration with a detached structure.
Key Highlights
- Detached two‑family property
- 2,976‑square‑foot building
- Built in 2018
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,747
Cap Rate
8.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,454,940
$1.5M
Cap Rate 7%
$1,039,243
$1.0M
Cap Rate 9%
$808,300
$808.3K
Market Conditions
NOI Build-Up for 2,976 SF
Gross rent
$137.5K $46.20/SF
− Vacancy
−$5.2K −$1.76/SF
EGI
$132.3K $44.44/SF
− OpEx
−$59.5K −$20.00/SF
NOI
$72.7K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,454,940
Cap Rate 7%
$1,039,243
Cap Rate 9%
$808,300
Alternative Uses
Best Use
Apartment 5plus
$1.04M
$909.3K – $1.21M
NOI $72,747 @ 7.0% cap · market cap 8.08%
Second Best
Multifamily LT 5
$703.7K
$615.7K – $821.0K
NOI $49,258 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$2.19M
$1.92M – $2.56M
NOI $153,576 @ 7.0% cap · market cap 17.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,763
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A 2018-built residential property offers two separate family units.
Where is this duplex located?
The property is located at 436 Beach 29th Street Far Rockaway, NY.
What is the asking price?
The asking price for this property is $899,990.
What are key features of this property?
This property features: Detached two‑family property; 2,976‑square‑foot building; Built in 2018
