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Oceanview Two-Family Townhouse in Arverne
For Sale
$999,500
Pending

70-05 Catamaran Way, Queens, NY 11692

Two-family townhouse with ocean views, upgrades, and income potential.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market269

Property Features for 70-05 Catamaran Way

General Information

Standard status Pending
Lot size 0.07 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $4,652

Building Details

Year Built 2007
Units 2
Listing Agency: Coldwell Banker American Homes
Listed By: Alice O Connor
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 13 Last Checked: Aug 23 at 9:08AM

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 Coldwell Banker American Homes

Investment Insights

Based on property information with market context.

This two-family townhouse, an end unit offering abundant sunlight, is located in Arverne by the Sea. The main unit is a triplex featuring three bedrooms and two full bathrooms, with one bedroom and a full bathroom situated on the first floor. Upgrades include stainless steel appliances, granite countertops, a smart thermostat, Ring doorbells, and a garage wired for a level 2 EV charger. The property also boasts an inground sprinkler system and solar panels. The landscaped yard and patio space include a pathway to the oceanfront. Parking is ample with a garage and driveway. A bonus room can serve as office space or accommodate weekend guests. The property includes a roof terrace with ocean views. The property generates income with a one-bedroom tenant unit. The location is one block from the oceanfront and close to shops, restaurants, and transportation to NYC.

Key Highlights

  • Oceanview roof terrace
  • Income‑generating one‑bedroom tenant unit
  • One block from the oceanfront, close to shops, restaurants, and transportation to NYC

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Skin Care Clinic Hair Salon Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

716
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family townhouse with ocean views, upgrades, and income potential.
Where is this duplex located?
The property is located at 70-05 Catamaran Way Queens, NY.
What is the asking price?
The asking price for this property is $999,500.
What are key features of this property?
This property features: Oceanview roof terrace; Income‑generating one‑bedroom tenant unit; One block from the oceanfront, close to shops, restaurants, and transportation to NYC
More about this property
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