329 Beach 29th Street, Far Rockaway, NY 11691

Far Rockaway
Local realty services provided by:ERA Caputo Realty
329 Beach 29th Street,Far Rockaway, NY 11691
$1,100,000
  • - Beds
  • - Baths
  • 2,187 sq. ft.
  • Multi-family
  • Active
Listed by: hanan sheleg
Office: royal realty group inc
MLS#:1014339
Source:OneKey MLS

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$502.97

About this home

Excellent investment opportunity in the heart of Far Rockaway! Well-maintained 4-family property featuring one occupied unit generating $3,600/month in rental income and three vacant units ready for immediate lease-up or owner occupancy. Market rents are estimated at approximately $2,700/month per vacant unit, offering a projected gross rental income of up to $11,700/month when fully occupied. The property offers spacious apartments with hardwood floors, updated kitchens and baths, abundant natural light, and separate entrances. The building features a desirable layout, private driveway access, and a large side yard. Conveniently located near transportation, shopping, schools, parks, and the beach. Perfect for investors seeking strong cash flow potential or owner-occupants looking to offset expenses with rental income. Vacant units provide flexibility for immediate rent increases and tenant selection. Projected Gross Rent Roll: Unit 1 (Occupied): $3,600/month Unit 2 (Vacant):...

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Home facts

  • Year built:1931
  • Listing ID #:1014339
  • Added:112 day(s) ago
  • Updated:October 07, 2026 at 11:28 AM

Rooms and interior

  • Bedroom Description:First Floor Bedroom
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,187 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1931
  • Building area:2,187 sq. ft.
  • Lot area:0.09 Acres
  • Construction Materials:Aluminum Siding

Schools

  • High school:Epic High School North
  • Middle school:August Martin High School
  • Elementary school:Goldie Maple Academy

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$502.97
  • Tax amount:$11,679 (2025)

Parking

  • Parking description:Driveway
  • Garage:Yes
  • Garage spaces:240
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