HOUSE
Address: ‎423 Beach 66th Street
Zip Code: 11692
3 fam, 9 bed, 4 bath
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$899,000
MLS # 947481
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Marjorie Tornatore ☎ CELL SMS

$899,000 - 423 Beach 66th Street, Arverne, NY 11692|MLS # 947481

MLS #‎ 947481
Details3 fam, 9 bed, 4 bath, garage, AC, 3 Units in the building
(DOM): 1 days
Construction Year1920
Taxes
(per year)
$5,169
Air
Conditioning
Wall Unit AC
BasementFull basement
Garage TypeDetached
Bus1 min: Q22, QM17
5 min: Q52
Subway4 min: A
LIRR2.6 miles: "Far Rockaway"
3 miles: "Inwood"
房屋英文概況 English Description

Prime Rental Income Opportunity - 3 Family Property Near the Beach in Arverne, NY. Discover a fantastic investment opportunity in the heart of Arverne! This well-maintained multi family home features three distinct units, offering the perfect blend of rental income and living space. Ideal for both investors and those looking to reside in one unit while renting out the others. Sold as is.

Property Features:
First Floor Unit:
- 4 Bedrooms
- 2 Bathrooms
- Rental Income: $2,900/month
- Spacious layout with a decent kitchen, perfect for families or groups.

Second Floor Unit:
- 3 Bedrooms
- 1 Bathroom
- Rental Income: $2,000/month
- Great space for tenants looking for comfort and convenience.

Third Floor Unit:
- 2 Bedrooms
- 1 Bathroom
- Rental Income: $1,200/month
- A unique space with potential for additional income.

Additional Features:
-Basement: Provides extra storage space for tenants or homeowners.
-Garage: Convenient parking option and additional storage.
-Backyard: A private outdoor space for relaxation or gatherings.

Investment Highlights:
Total Rental Income: $6,100/month, providing excellent cash flow.
Cap Rate: 8.14% indicating strong investment potential.
Location:Just minutes from beautiful beaches, parks, and local amenities, making it attractive for renters and residents alike.

Additional Information:
Opportunity for Updates: While the units are in good condition, there is potential for minor updates to increase rental value.

Why This Property?
Whether you are an investor looking to expand your portfolio or a homeowner seeking rental income, this property offers endless possibilities. Don’t miss out on this chance to own a piece of Arverne! © 2025 OneKey™ MLS, LLC

Courtesy of Compass Greater NY LLC

公司: ‍516-517-4751




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$899,000
HOUSE
MLS # 947481
‎423 Beach 66th Street
Arverne, NY 11692
3 fam, 9 bed, 4 bath


Listing Agent(s):‎
Marjorie Tornatore
Lic. #‍10401265902
☎ ‍917-407-3012 (Cell)
Office: ‍516-517-4751
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