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Sold
  • $1,165,000

    661 Grassmere Ter, Far Rockaway, NY 11691

    6beds
    3,000sqft
    Multi Family
    Built in 1996
    -- sqft lot
    $1,037,100 Zestimate®
    $388/sqft
    $4,366 Estimated rent

    Home value

    $1,037,100

    $965,000 - $1.11M

    $4,366/mo

    Zestimate® history
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    Owner options

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    $4,366/mo

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    $4,366/mo

    Rent Zestimate®

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    $7,008/mo

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    $7,008/mo

    Est. payment

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    What's special

    Space, style & modern luxury come together at 661 Grassmere Terrace! A 25x40 Built two family sitting on 42x95 lot on a beautiful quiet, tree lined street of Far Rockaway. Featuring a wide private driveway, tons of yard space to enjoy family & friends gatherings. Property spans 3,000 sq/ft of living space and is the perfect opportunity for buyers looking for income generating rental property to assist with mortgage payments and space. The Rental unit is configured as 3 bedroom 2 bath rental which has the ability to generate $4,000/month to assist with mortgage payments. The owners unit is also a 3 bedroom 2 bath and can easily be used as a garden-basement duplex to create additional living/recreational space. Both units enjoy expansive sun drenched formal living area which provides great space for entertaining. The formal dining area overlooks the beautiful granite kitchen any chef will love. Kitchen features floor to ceiling custom cabinetry, adorned with a full fleet of stainless steel appliances, and equipped with island with bar stool seating. 3 spacious king sized bedrooms, each equipped with ample closet space. The elegant primary suite is equipped with a private en suite with spa like finishes. Down the hall an additional bathroom is shared between the two other bedrooms and boast state of the art wall & floor tiles. The high ceiling full finished basement is equipped with both interior and exterior access and can easily be used as the perfect in law suite, media den, storage space, or additional recreational space. 661 Grassmere Terrace has been fully gutted and remodeled by an expert team of contractors featuring select wide-oak wood flooring, recessed lighting, updated electrical, heating, and plumbing systems throughout. Conveniently located with close proximity to major transportation which makes commuting a breeze. Short block to Rockaway Freeway, Cornaga Avenue, Ocean Crest Blvd. Stones throw to transportation, schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gabriel Kashi,

    Keystone Realty USA Corp

    Source: StreetEasy,MLS#: S1752027

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Appliances
    • Included: Dishwasher, Washer/Dryer
    • Laundry: Inside
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Patio & porch: Other
    • Exterior features: Courtyard, Garden
    • Has view: Yes
    • View description: Garden
    Details
    • Parcel number: 157530098
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1996

    Community & HOA

    Community
    • Subdivision: Bayswater
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry
    Location
    • Region: Far Rockaway

    Financial & listing details

    • Price per square foot: $388/sqft
    • Tax assessed value: $742,000
    • Date on market: 1/30/2025

    Price history

    DateEventPrice
    9/30/2025Sold$1,165,000+3.6%$388/sqft
    Source: OneKey® MLS as distributed by MLS GRID #882863 Report a problem
    9/29/2025Pending sale$1,125,000$375/sqft
    Source: OneKey® MLS as distributed by MLS GRID #882863 Report a problem
    8/14/2025Price change$1,125,000+12.6%$375/sqft
    Source: OneKey® MLS as distributed by MLS GRID #882863 Report a problem
    6/27/2025Listed for sale$999,000-9.2%$333/sqft
    Source: StreetEasy #S1752027 Report a problem
    3/28/2025Contingent$1,100,000$367/sqft
    Source: StreetEasy #S1752027 Report a problem
    1/31/2025Listed for sale$1,100,000+22.2%$367/sqft
    Source: StreetEasy #S1752027 Report a problem
    8/2/2024Listing removed--
    Source: OneKey® MLS as distributed by MLS GRID #3568341 Report a problem
    7/26/2024Listed for sale$900,000+150%$300/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3568341 Report a problem
    12/21/2023Sold$360,000-38.9%$120/sqft
    Source: Public Record Report a problem
    12/31/2010Listing removed$589,000$196/sqft
    Source: ERA Top Service Realty Report a problem
    12/3/2010Listed for sale$589,000$196/sqft
    Source: ERA Top Service Realty Report a problem
    8/6/2010Listing removed$589,000$196/sqft
    Source: ERA Top Service Realty Report a problem
    8/5/2010Listed for sale$589,000+5.4%$196/sqft
    Source: ERA Top Service Realty Report a problem
    1/6/2010Listing removed$559,000$186/sqft
    Source: ERA TOP SERVICE #2236958 Report a problem
    11/7/2009Listed for sale$559,000+148.4%$186/sqft
    Source: ERA TOP SERVICE #2236958 Report a problem
    4/17/1997Sold$225,000+516.4%$75/sqft
    Source: Public Record Report a problem
    1/9/1997Sold$36,500$12/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $44,520 +5.7%
    2024-- $42,120 -4.5%
    2023-- $44,100 +12.6%
    2022-- $39,180 +8.3%
    2021-- $36,180 +7.3%
    2020$5,068 +6%$33,720 -5.4%
    2019$4,782 +7.3%$35,640 +67.2%
    2018$4,458 +2.6%$21,312
    2017$4,344 +5%$21,312 +0.8%
    2016$4,136 $21,151 +6%
    2015$4,136 +66.1%$19,954 +6%
    2014$2,490 $18,825 +6%
    2013-- $17,760 -2.6%
    2012-- $18,240 -9%
    2011-- $20,040 -18.8%
    2010-- $24,693 +6%
    2009-- $23,296 +6%
    2008-- $21,979 +6%
    2007-- $20,736
    2006-- $20,736 +0.8%
    2005-- $20,578 +6%
    2004-- $19,414 +6%
    2003-- $18,316 +6%
    2002-- $17,280
    2001-- $17,280 +0.8%
    2000-- $17,149
    Find assessor info on the county website

    Neighborhood: Far Rockaway

    Nearby schools

    GreatSchools rating