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Residential Duplex Property with Roof Terrace
For Sale
$1,298,000

A-7008 Coral Reef Way, Arverne, NY 11692

A separate tenant residence complements the owner's home, with both residences arranged across two levels.

Property SizeContact for details
Days on Market18

Property Features for A-7008 Coral Reef Way

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BR/2.5BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $6,504

Amenities

roof terrace
backyard
Listing Agency: Coldwell Banker American Homes
Listed By: Alice O Connor
Source: Exprealty
Added: Oct 14 Changed: Oct 30 Last Checked: Oct 30 at 3:24PM

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

Rey
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Investment Insights

Based on property information with market context.

This semi-attached end property contains an owner's duplex with 3 bedrooms and 2.5 baths, plus a separate tenant duplex with 2 bedrooms and 1 bathroom. The tenant residence includes a bonus room and roof terrace and has renovated flooring, appliances, and bathroom. The owner's kitchen features stainless appliances, custom cabinetry, and granite countertops; hardwood flooring extends throughout the property. A garage, private driveway, and landscaped backyard with custom paving round out the exterior features.

The roof terrace offers a view of the New York City skyline, while the property also has partial ocean views. The backyard connects to both the dining room and the street side, providing access toward the beach. Commodore Circle has no through traffic, and transit connections to Manhattan, local shops, restaurants, and Rockaway Beach are nearby.

Key Highlights

  • Owner's duplex has 3 bedrooms and 2.5 baths
  • Separate tenant duplex offers 2 bedrooms, 1 bathroom, a bonus room, and a roof terrace
  • Tenant residence renovated with new flooring, appliances, and bathroom

Property Analytics

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

663
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

Frequently Asked Questions

What type of property is this?
Duplex - A separate tenant residence complements the owner's home, with both residences arranged across two levels.
Where is this duplex located?
The property is located at A-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: Owner's duplex has 3 bedrooms and 2.5 baths; Separate tenant duplex offers 2 bedrooms, 1 bathroom, a bonus room, and a roof terrace; Tenant residence renovated with new flooring, appliances, and bathroom
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