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Unknown
Multi-Family
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$799,000

Unknown, Far Rockaway

5 bd·0 ba·0 sqft
Built 19312,139 sqft lotRockaway Peninsula

Unknown, Far Rockaway, NY

5 bd · 0 ba · 0 sqft Multi-Family listed at $799,000, built in 1931 in the Rockaway Peninsula neighborhood.

About this home

Two-Family Home in the Heart of Far Rockaway - Minutes from the Beach Exceptional opportunity to own a two-family property in the heart of Far Rockaway, just minutes from the shoreline of Rockaway Beach. Perfect for investors seeking steady rental income or an end-user looking to live in one unit while generating income from the other, this property offers flexibility, strong income potential, and long-term appreciation. Conveniently located near public transportation, shopping, schools, and neighborhood amenities, this home sits in one of Queens' most desirable and evolving coastal communities. Property Highlights: Two-family home Ideal for owner-occupant or investor Strong rental income potential Prime Far Rockaway location Minutes away from the beach Close to transportation and local conveniences A smart investment opportunity in a growing waterfront neighborhood.

Property details

Price
$799,000
Bedrooms
5
Bathrooms
0
Year built
1931
Lot size
2,139 sqft
Type
Multi-Family
Days on market
75
Est. property tax
$11,026/yr · $919/mo · 1.38% NY avg
Last sold
$80,000 · Oct 2001

Estimated monthly payment

Down payment20% ($159,800)
Interest rate6.75%
Principal & Interest$4,146
Property Tax$732
Insurance$150
Total$5,028/mo

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Price history

$873K$427K$-19K$55K on Nov 87 (Sold)$80K on Oct 01 (Sold)$799K on Feb 26 (Initial list)
$55K · Nov 87$799K · Feb 26
  1. Feb 10, 2026$799,000Initial list price
  2. Oct 4, 2001$80,000Sold
  3. Nov 27, 1987$55,000Sold

Location

This home is located in Far Rockaway, NY. Browse more Far Rockaway listings on the Far Rockaway market page.

Location

Map of Unknown, Far Rockaway
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Home Intelligence

Neighborhood (zip 11691)

This neighborhood is primarily renter-occupied (28% owner-occupied). Median age is 33.7; 14% hold a bachelor's degree; median household income is $59,153.

Median income
$59,153
Median age
33.7
Owner-occupied
28.1%
Bachelor's degree
14.1%
Census median home value
$632,300

Source: US Census Bureau American Community Survey 5-year estimates.

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