Don’t miss this incredible opportunity to own a legal two-family home in the highly sought-after community of Arverne by the Sea, Queens, NY. Listed at $999,000, this expansive property offers the perfect blend of coastal living and strong investment potential. Each unit is thoughtfully laid out, featuring spacious bedrooms. The home is fully occupied by excellent, reliable tenants who pay on time and take great care of the property—making this a true turnkey investment.
With separate entrances and utilities for each unit, this setup is ideal for owner-occupants looking to offset their mortgage or investors seeking steady rental income. The property also includes off-street parking, a private backyard, and ample storage and laundry. Located just minutes from the beach, public transportation, shopping, and dining, this home offers both convenience and lifestyle appeal. Whether you're looking to expand your real estate portfolio or settle into a vibrant, oceanfront community, this home is a must-see.
Sold for $999,000
$999,000
205 Aquatic Place, Arverne, NY 11692
5beds
--sqft
Duplex, Multi Family
Built in 2004
-- sqft lot
$1,008,800 Zestimate®
$--/sqft
$3,211 Estimated rent
Home value
$1,008,800
$918,000 - $1.11M
$3,211/mo
Zestimate® history
Owner options
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$3,211/mo
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$3,211/mo
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$6,024/mo
Est. payment
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$6,024/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Yelnia Casilla 718-634-3134,
ROCKAWAY PROPERTIES 718-634-3134
Bought with:
Oluyinka Fagbamigbe, 10491208609
Centurion Property Svcs LLC
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 866058
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Features
- First Floor Full Bath, Entrance Foyer
- Attic: None
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: Attached, Driveway, Garage, Private
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Deck, Terrace
- Fencing: Back Yard
Lot
- Size: 2,483 Square Feet
- Dimensions: 32 x 78
Details
- Parcel number: 160890033
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Duplex, Multi Family
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- Year built: 2004
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Available, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Community
- Subdivision: Palmers Landing at Arverne By The Sea
Location
- Region: Arverne
Financial & listing details
- Tax assessed value: $1,042,000
- Annual tax amount: $6,419
- Date on market: 5/22/2025
- Cumulative days on market: 113 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional,FHA
- Tenant pays: Electricity, Gas, Heat
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Sold | $999,000 |
Source:  OneKey® MLS as distributed by MLS GRID #866058 Report a problem | ||
| 9/12/2025 | Pending sale | $999,000 |
Source: OneKey® MLS as distributed by MLS GRID #866058 Report a problem | ||
| 5/22/2025 | Price change | $999,000-7.1% |
Source: OneKey® MLS as distributed by MLS GRID #866058 Report a problem | ||
| 7/7/2023 | Price change | $1,075,000-4.4% |
Source: OneKey® MLS as distributed by MLS GRID #3480189 Report a problem | ||
| 5/23/2023 | Listed for sale | $1,125,000+65.4% |
Source: OneKey® MLS as distributed by MLS GRID #3480189 Report a problem | ||
| 12/30/2016 | Sold | $680,000-1.3% |
Source: OneKey® MLS as distributed by MLS GRID #L2870722 Report a problem | ||
| 8/10/2016 | Pending sale | $689,000 |
Source: Rockaway Properties Report a problem | ||
| 7/21/2016 | Listed for sale | $689,000+11.3% |
Source: Rockaway Properties #2870722 Report a problem | ||
| 4/13/2015 | Listing removed | $1,800 |
Source: Calemine & Co. Real Estate Report a problem | ||
| 3/14/2015 | Listed for rent | $1,800 |
Source: Calemine & Co. Real Estate Report a problem | ||
| 1/2/2013 | Listing removed | $619,000 |
Source: Microvision Realty LLC #2516999 Report a problem | ||
| 8/5/2012 | Listed for sale | $619,000-3.1% |
Source: Microvision Realty LLC #2516999 Report a problem | ||
| 1/1/2012 | Listing removed | $639,000 |
Source: Microvision Realty LLC #2415279 Report a problem | ||
| 7/20/2011 | Listed for sale | $639,000+14.1% |
Source: Microvision Realty LLC #2415279 Report a problem | ||
| 3/14/2010 | Sold | $559,880+1.6% |
Source: Public Record Report a problem | ||
| 6/5/2006 | Sold | $550,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $62,520 +5.8% |
| 2024 | -- | $59,100 +2.9% |
| 2023 | -- | $57,420 +16.7% |
| 2022 | -- | $49,200 -1.6% |
| 2021 | -- | $49,980 +9.3% |
| 2020 | $3,575 +17.4% | $45,720 +0.1% |
| 2019 | $3,045 -54.1% | $45,660 +43.9% |
| 2018 | $6,637 +8.8% | $31,727 +6% |
| 2017 | $6,102 +293.9% | $29,932 +6% |
| 2016 | $1,549 | $28,238 +6% |
| 2015 | $1,549 +73.2% | $26,640 |
| 2014 | $894 | $26,640 |
| 2013 | -- | $26,640 -14.3% |
| 2012 | -- | $31,080 -3.2% |
| 2011 | -- | $32,118 +6% |
| 2010 | -- | $30,300 -8.5% |
| 2009 | -- | $33,120 -6.5% |
| 2008 | -- | $35,440 |
Find assessor info on the county website
Neighborhood: Arverne
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Nearby schools
GreatSchools rating
- 5/10Ps 183 Dr Richard R GreenGrades: PK-8Distance: 0.2 mi
- 4/10Channel View School For ResearchGrades: 6-12Distance: 1.1 mi
Schools provided by the listing agent
- Middle: Scholars' Academy
- High: Scholars' Academy
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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