Ocean-View Duplex with
For Sale
$1,178,000
Pending
6910 Beach Front Road, Arverne, NY 11692
Two separate residences combine distinct floor plans with an elevated balcony overlooking the ocean.
Property Size2,520 SF
Days on Market11
Property Features for 6910 Beach Front Road
General Information
Standard status
Pending
Size
2,520 SF
Property subtype
Residential Income
Units
Unit Mix
2BR/2BA, 3BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,298
Amenities
balcony
Carpet,Wood
4
No
5
Yes
First Floor Bedroom,First Floor Full Bath,Primary Bathroom,Master Downstairs,Open Floorplan,Open Kitchen,Walk-In Closet(s)
Fenced
Public
Driveway, Private
Balcony
Slab
2520
Public Maintained Road
Building Details
Building Size
2,520 SF
Year Built
2007
Listing Agency:
(516) 703-2918
Listed By:
Amandeep Kakar
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 2:40PM
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 Amandeep Kakar
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Investment Insights
Based on property information with market context.
Built in 2007, this 2,520-square-foot duplex contains two residences. The first-floor unit has three bedrooms and two full bathrooms. On the second floor, an open-plan layout includes two bedrooms and two full bathrooms, with a primary suite featuring an en suite bath and walk-in closet. A balcony on the third floor faces the ocean, and the property has driveway parking.
The home is in Arverne, near ferry and train service, restaurants, and shopping. Ocean views are a defining feature of the property.
The home is in Arverne, near ferry and train service, restaurants, and shopping. Ocean views are a defining feature of the property.
Key Highlights
- Two‑family duplex with 2,520 square feet of living area
- First‑floor residence offers 3 bedrooms and 2 full bathrooms
- Second‑floor residence has 2 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,600
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,232,000
$1.2M
Cap Rate 7%
$880,000
$880.0K
Cap Rate 9%
$684,444
$684.4K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$116.4K $46.20/SF
− Vacancy
−$4.4K −$1.76/SF
EGI
$112.0K $44.44/SF
− OpEx
−$50.4K −$20.00/SF
NOI
$61.6K $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%
$1,232,000
Cap Rate 7%
$880,000
Cap Rate 9%
$684,444
Alternative Uses
Best Use
Apartment 5plus
$880.0K
$770.0K – $1.03M
NOI $61,600 @ 7.0% cap · market cap 5.23%
Second Best
Multifamily LT 5
$595.9K
$521.4K – $695.2K
NOI $41,710 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,044 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
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Business Placement
Demographics for 11692, NY
22,776
Population
8,475
Households
2.7
Avg Household Size
36
Median Age
27%
College-Educated
86%
High-School Grad
1.0 sq mi
ZIP Area
22,776
Density / Sq Mi
$49,507
Median Household Income
$39,737
Median Earnings
$1,274
Median Rent
$650,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences combine distinct floor plans with an elevated balcony overlooking the ocean.
Where is this duplex located?
The property is located at 6910 Beach Front Road Arverne, NY.
What is the asking price?
The asking price for this property is $1,178,000.
What are key features of this property?
This property features: Two‑family duplex with 2,520 square feet of living area; First‑floor residence offers 3 bedrooms and 2 full bathrooms; Second‑floor residence has 2 bedrooms and 2 full bathrooms
