Investment property perfect for a flip or a renovate-and-rent job!
Up for sale is a two-family townhouse with a garage only blocks from the water. It is currently occupied but will be delivered vacant with clean title. It is the perfect investment opportunity for a buyer who wants to renovate and rent. Nearby 2 BRs are asking $2,000/month which would be a 10% cap rate. Alternately, renovate and resell for nearly double the value.
Note that showings will only be during open houses. Due to this, the pictures are comprised of the issues that would likely need to be fixed in order to get top dollar as opposed to the best parts of this large home. There is some water damage, it would need new cabinets, and two of the four bathrooms need to be redone. First open house is May 14th from 12-3. Email or call for additional information.
Sold for $900,000
$900,000
179 Beach 96 St, Far Rockaway, NY 11693
4beds
2,000sqft
MultiFamily
Built in 1996
-- sqft lot
$974,500 Zestimate®
$450/sqft
$2,997 Estimated rent
Home value
$974,500
$906,000 - $1.04M
$2,997/mo
Zestimate® history
Owner options
List your home for rent
$2,997/mo
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$2,997/mo
Rent Zestimate®
Refinance and save
$5,446/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,446/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Interior area
- Total interior livable area: 2,000 sqft
Property
Lot
- Size: 2,000 Square Feet
Details
- Parcel number: 161690055
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1996
Community & HOA
Location
- Region: Far Rockaway
Financial & listing details
- Price per square foot: $450/sqft
- Tax assessed value: $932,000
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Sold | $900,000+110.3%$450/sqft |
Source: Public Record Report a problem | ||
| 2/23/2018 | Sold | $428,000+14.1%$214/sqft |
Source: Public Record Report a problem | ||
| 3/6/2017 | Sold | $375,000$188/sqft |
Source: Agent Provided Report a problem | ||
| 9/7/2016 | Listed for sale | $375,000$188/sqft |
Source: Brick & Mortar #516382 Report a problem | ||
| 9/6/2016 | Pending sale | $375,000$188/sqft |
Source: Brick & Mortar #516382 Report a problem | ||
| 8/31/2016 | Listed for sale | $375,000$188/sqft |
Source: Brick & Mortar #516382 Report a problem | ||
| 6/27/2016 | Pending sale | $375,000$188/sqft |
Source: Brick & Mortar #516382 Report a problem | ||
| 5/3/2016 | Listed for sale | $375,000+53.1%$188/sqft |
Source: Brick & Mortar #516382 Report a problem | ||
| 12/21/1998 | Sold | $245,000$123/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $55,920 +8.8% |
| 2024 | -- | $51,420 +11% |
| 2023 | -- | $46,320 +6.8% |
| 2022 | -- | $43,380 +16.2% |
| 2021 | -- | $37,320 +8.7% |
| 2020 | $5,441 | $34,320 +12.6% |
| 2019 | $5,441 +10.9% | $30,480 +26.6% |
| 2017 | $4,906 +121% | $24,067 +6% |
| 2016 | $2,220 | $22,705 +6% |
| 2015 | $2,220 +30.2% | $21,420 |
| 2014 | $1,705 | $21,420 |
| 2013 | -- | $21,420 -24% |
| 2012 | -- | $28,200 +4.2% |
| 2011 | -- | $27,060 +3.5% |
| 2010 | -- | $26,154 -6.7% |
| 2009 | -- | $28,020 +3.6% |
| 2008 | -- | $27,051 +6% |
| 2007 | -- | $25,520 |
| 2006 | -- | $25,520 +0.8% |
| 2005 | -- | $25,328 +6% |
| 2004 | -- | $23,895 +6% |
| 2003 | -- | $22,543 +6% |
| 2002 | -- | $21,267 |
| 2001 | -- | $21,267 |
| 2000 | -- | $21,267 |
Find assessor info on the county website
Neighborhood: Rockaway Beach
Nearby homes
- $487,000-- bd-- ba2k sqft179 Beach 96th St, Rockaway Beach, NY 11693Off Market
- $487,000-- bd-- ba2k sqft179 Beach 96th St, Far Rockaway, NY 11693Off Market
- $687,8002 bd-- ba1.5k sqft179 Beach 96th St #2, Rockaway Beach, NY 11693Off Market
- $851,400-- bd-- ba2k sqft177 Beach 96 St, Rockaway Beach, NY 11693Off Market
- $1,033,7003 bd2 ba3.3k sqft183 Beach 96th St, Rockaway Beach, NY 11693Off Market
- $838,200-- bd-- ba2k sqft175 Beach 96 St, Rockaway Beach, NY 11693Off Market
- $389,0002 bd1 ba1k sqft173 Beach 96th St #1, Rockaway Beach, NY 11693Off Market
- $--2 bd2 ba1.1k sqft173 Beach 96th St FLOOR 2, Far Rockaway, NY 11693Off Market
Nearby schools
GreatSchools rating
- 6/10Waterside Children's Studio SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Channel View School For ResearchGrades: 6-12Distance: 0.3 mi
- 1/10Rockaway Park High School For Environmental SustaiGrades: 9-12Distance: 0.3 mi
- New York
- Queens County
- New York
- 11693
- Queens
- Rockaway Beach
- 179 Beach 96 St
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