Duplex with Rooftop
For Sale
$1,250,000
7110 Beach Front Road, Arverne, NY 11692
Two legal residential units offer three bedrooms and two full bathrooms apiece in a three-story coastal property.
Property Size2,520 SF
Price / SF$496.03
Days on Market53
Property Features for 7110 Beach Front Road
General Information
Standard status
Active
Size
2,520 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,519
Amenities
rooftop deck
First Floor Bedroom
First Floor Full Bath
ENERGY STAR Qualified Door(s)
Granite Counters
Natural Woodwork
Open Kitchen
Original Details
Primary Bathroom
Recessed Lighting
Soaking Tub
Storage
Walk-In Closet(s)
Washer/Dryer Hookup
Courtyard
Garden
Lighting
Playground
Building Details
Building Size
2,520 SF
Year Built
2007
Buildings
1
Stories
3
Units
2
Listing Agency:
Greene Realty Group
Listed By:
Derek J. Greene · License #MA9503235-RE-B
(888) 278-5840
Source:
Croninreale
Added: Sep 2
Changed: Oct 23
Last Checked: Oct 23 at 5:46PM
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 Greene Realty Group
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Investment Insights
Based on property information with market context.
This 2,520-square-foot, three-story duplex was built in 2007 and is legally designated for two-family use. Each unit has three bedrooms and two full bathrooms. The main living area has an open layout, high ceilings, and southeast exposure, while a rooftop deck provides water views.
The property sits directly on the oceanfront with shore access and boardwalk access.
The property sits directly on the oceanfront with shore access and boardwalk access.
Key Highlights
- Legally designated two‑family property with two residential units
- 2,520 square feet across three stories
- Each unit has 3 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,600
Cap Rate
4.93%
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 4.93%
Second Best
Multifamily LT 5
$595.9K
$521.4K – $695.2K
NOI $41,710 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,044 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
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 legal residential units offer three bedrooms and two full bathrooms apiece in a three-story coastal property.
Where is this duplex located?
The property is located at 7110 Beach Front Road Arverne, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Legally designated two‑family property with two residential units; 2,520 square feet across three stories; Each unit has 3 bedrooms and 2 full bathrooms
