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552 Beach 68th Street Arverne, NY 11692
$1,600,000
  • For Sale
  • 4 Bedrooms
  • 3 Full Baths
  • Year Built 1930
  • Multi Family
  • ML# 921345

Property Details

Overview

Don’t miss this prime investment opportunity. A legal 2-family residence in New York City with immense potential for expansion up to a 4-family income-producing property or can be utilized for a large family. There is a 2-bedroom unit with a finished attic and potential setup for another unit. As well as a 2-bedroom unit on the ground floor with a finished basement that also can be used as another unit. The large 2-car garage also has potential for living space via the NYC ADU program. Both units have separate entrances and there are 4 entrances total. The house is much larger than the outside view at 2, 289 square feet and sits on a 4, 000 square foot lot with a driveway, and plenty of space in the backyard for entertainment. All utilities and the roof are in great condition. Taxes are super low. Minutes away from JFK, and walking distance to public transportation. Minutes away from a senior citizen assisted living facility and the YMCA. This house is perfect for large families, investors looking for income, or owner occupants who want to offset their mortgage.

Key Facts

  • Lot Size: 0.0918
  • Lot Sq Ft: 4000
  • Taxes: $4,876
  • School District: Ps/Ms 42 R Vernam

Additional Features

  • Construction Materials: Frame, Vinyl Siding
  • Interior Features: 
    First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Eat-in Kitchen
  • Garage: Yes
  • Garage: 2.0
  • Parking Spaces: Yes
  • Parking Facilities: Detached, Driveway, On Street

Rooms & Floor Plans

  • Bedroom: 4
  • Full Bath: 3

Interior & Utilities

  • Heat: Radiant
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $4,876
Listing Information provided courtesy of EXP Realty  888-276-0630
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