For sale

$899,000

501 E Penn Street, Long Beach, NY 11561

3beds

1,738sqft

Single Family Residence, Residential

Built in 1949

5,000 Square Feet Lot

$-- Zestimate^®

$517/sqft

$-- HOA

What's special

Wood-burning fireplaceElegant french doorsHardwood floors

Just two blocks from the ocean, this three-bedroom, two-bath Colonial presents an exceptional opportunity to create the coastal home you’ve always envisioned. Enjoy ocean views from the second-floor balcony and embrace the relaxed beach lifestyle in one of the area’s most desirable locations. Filled with character and timeless details, the home features a beautiful bay window that fills the interior with natural light, elegant French doors, hardwood floors, and a wood-burning fireplace. A traditional living room and separate family room with its own entrance and bathroom offer added flexibility to suit a variety of needs and lifestyles. Ceiling fans provide year-round comfort, while an in-ground sprinkler system helps keep the landscaping looking its best. Whether you’re searching for a year-round residence, a weekend getaway, or an investment opportunity, this home offers endless possibilities to customize and make it your own.

14 days

2,677

214

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Bedroom 1

Level: Second

Bedroom 2

Level: Second

Bedroom 3

Level: Second

Bathroom 1

Level: First

Bathroom 2

Level: Second

Den

Level: First

Kitchen

Level: First

Laundry

Level: First

Living room

Level: First

Heating

Cooling

Wall/Window Unit(s)

Appliances

Included: Dryer, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Laundry: Laundry Room

Features

Built-in Features, Eat-in Kitchen, Entrance Foyer, Granite Counters
Flooring: Hardwood, Tile
Basement: None
Attic: Pull Stairs
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total structure area: 1,738
Total interior livable area: 1,738 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway, Garage, Private
Garage spaces: 1
Has uncovered spaces: Yes

Features

Levels: Two
Exterior features: Balcony
Has view: Yes
View description: Neighborhood, Water
Has water view: Yes
Water view: Water
Waterfront features: Ocean Access

Lot

Size: 5,000 Square Feet
Dimensions: 100 x 50
Features: Corner Lot

Details

Parcel number: 1000591730001090
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence, Residential

Materials

Vinyl Siding

Condition

Actual
Year built: 1949
Major remodel year: 1949

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Long Beach

Financial & listing details

Price per square foot: $517/sqft
Tax assessed value: $192,000
Annual tax amount: $13,498
Date on market: 7/9/2026
Cumulative days on market: 15 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/9/2026	Listed for sale	$899,000+136.6%$517/sqft
Source: OneKey® MLS as distributed by MLS GRID #1021183 Report a problem
4/30/2002	Sold	$380,000$219/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$19,200
2023	--	$19,200
2022	--	$19,200
2021	$5,588 +11.3%	--
2020	$5,022 -1.7%	$535 -6.8%
2019	$5,110	$574 -6.2%
2018	$5,110 -0.3%	$612 -5.8%
2017	$5,128 -1.1%	$650 -5.5%
2016	$5,184 +481.7%	$688 -5.2%
2015	$891 -8.6%	$726 -12.6%
2013	$975 -3.8%	$831 -10.9%
2012	$1,013 -81.1%	$933 -19.6%
2011	$5,349 +1.1%	$1,160 -5.7%
2010	$5,292	$1,230 -10.5%
2009	--	$1,375 -0.8%
2008	--	$1,386 +6%
2006	--	$1,308 -39.2%
2005	--	$2,151 -36.5%
2004	--	$3,385
2003	--	$3,385 -45.4%
2002	--	$6,200
2001	--	$6,200
2000	--	$6,200

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 11561

Getting around

67 / 100

Somewhat Walkable

28 / 100

Some Transit

57 / 100

Bikeable

Nearby schools

GreatSchools rating

8/10
East Elementary School
Grades: PK-5Distance: 0.3 mi
5/10
Long Beach Middle School
Grades: 6-8Distance: 3.8 mi
7/10
Long Beach Senior High School
Grades: 9-12Distance: 1 mi

Schools provided by the listing agent

Elementary: East Elementary School
Middle: Long Beach Middle School
High: Long Beach High School

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.