Two-Unit Residential
For Sale
$1,298,000
7008 Coral Reef Way, Arverne, NY 11692
Residential Income, Arverne, NY
Property SizeContact for details
Lot Size0.07 Acres
Days on Market8
Property Features for 7008 Coral Reef Way
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 1
Parking features
Driveway
Interior features
Entrance Foyer, Granite Counters, Open Floorplan
Elementary school
Ps 183 Dr Richard R Green
Middle school
Scholars' Academy
High school
Scholars' Academy
Elementary school district
Queens 27
Middle school district
Queens 27
High school district
Queens 27
Standard status
Active
APN
16092-0068
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6505
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
roof terrace
private yard
Building Details
Year built
2007
Number of units
2
Listing Agency:
Coldwell Banker American Homes · Coldwell Banker Real Estate
(516) 665-2000
Listed By:
Alice O Connor
(646) 431-4296
Added: Oct 9
Changed: Oct 15
Last Checked: Oct 16 at 8:06AM
MLS# 1060737
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2007 semi-attached end unit contains two duplex residences: an owner's three-bedroom, 2.5-bath home and a tenant unit with two bedrooms and one bathroom. The tenant residence has been renovated and includes a bonus room and roof terrace. The owner's kitchen features stainless steel appliances, custom cabinetry and granite counters; hardwood flooring runs throughout the property. A garage and private driveway provide on-site parking.
The roof terrace offers a view of the New York City skyline, while seasonal ocean views are noted from the main bedroom suite. The property is near Rockaway Beach, local shops and restaurants, with transportation to Manhattan nearby. A landscaped, paved backyard connects to the dining room and street side.
The roof terrace offers a view of the New York City skyline, while seasonal ocean views are noted from the main bedroom suite. The property is near Rockaway Beach, local shops and restaurants, with transportation to Manhattan nearby. A landscaped, paved backyard connects to the dining room and street side.
Key Highlights
- Two duplex residences: owner's 3‑bedroom, 2.5‑bath unit and tenant's 2‑bedroom, 1‑bath unit
- Renovated tenant duplex includes a bonus room and roof terrace
- 0.0683‑acre lot; semi‑attached end unit built in 2007
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate owner and tenant residences include a renovated tenant suite with a private roof terrace.
Where is this duplex located?
The property is located at 7008 Coral Reef Way Arverne, NY.
What is the asking price?
The asking price for this property is $1,298,000.
What are key features of this property?
This property features: Two duplex residences: owner's 3‑bedroom, 2.5‑bath unit and tenant's 2‑bedroom, 1‑bath unit; Renovated tenant duplex includes a bonus room and roof terrace; 0.0683‑acre lot; semi‑attached end unit built in 2007
