Spa-caliber finishes throughoutHigh-end turnkey interiorsFully renovated building
Rarely does a trophy mixed-use asset of this caliber surface in Long Island’s most coveted coastal market - Long Beach. Presenting a fully gut-renovated 10-unit free market residential building paired with 4 ground-floor commercial storefronts and a dedicated laundry room for tenants— a combined 14 income-producing units in the heart of Long Beach, NY.
The Property:
Renovated in 2025 and finished with spa-caliber finishes throughout, this is not a cosmetic renovation — it is a complete reimagining.
Residential units showcase high-end, turnkey interiors that command top-of-market rents, while the four street-level commercial spaces deliver diversified income and powerful pedestrian foot traffic.
The Location is Irreplaceable:
Situated just 3 blocks from the Atlantic Ocean, residents enjoy world-class beachfront lifestyle year-round. The building sits directly across from the Long Beach LIRR commuter rail station, placing Manhattan within easy reach — a combination of coastal living and transit convenience that drives perpetual, recession-resistant demand. Long Beach’s red-hot rental market, vibrant restaurant and retail scene, and continued influx of city-to-suburb migration make this one of the strongest fundamentals stories on all of Long Island.
Free market status means no rent stabilization caps — full upside as the market grows. With 10 residential apartments and 4 commercial units, this asset delivers immediate cash flow across two income streams with long-term appreciation baked in. A fully renovated building means minimal near-term capital expenditure and a truly turnkey ownership experience from day one.
Opportunities like this — gut renovated, free market, mixed-use, steps from the beach, across from transit — are extraordinarily scarce on Long Island. This is the kind of asset institutional investors and family offices compete fiercely for, and rarely find.
Buy it. Hold it. Pass it down for generations.
66 days
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369
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16
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Zillow last checked:
Listing updated:
Listed by:
Douglas Elliman Real Estate516-432-3400,
Jonathan Yunger516-993-8556,
Tamta Gigilashvili646-696-0309,
Douglas Elliman Real Estate
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1013682
Facts & features
Interior
Heating
Electric
Cooling
Electric
Features
Open Floorplan
Interior area
Total structure area: 9,200
Total interior livable area: 9,200 sqft
Property
Parking
Parking features: None
Lot
Size: 5,000 Square Feet
Details
Parcel number: 1000590970001340
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex, Multi Family
Attached to another structure: Yes
Materials
Brick
Condition
Year built: 1920
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash Collection Public, Water Available
Community & HOA
Location
Region: Long Beach
Financial & listing details
Price per square foot: $707/sqft
Tax assessed value: $12,335
Annual tax amount: $67,149
Date on market: 6/15/2026
Cumulative days on market: 67 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/22/2026
Price change
$6,499,999-7.1%$707/sqft
Source: OneKey® MLS as distributed by MLS GRID #1013682Report a problem
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.