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1312 Gipson StreetFar Rockaway, NY 11691

For Sale

$699,000

Smart Buyer Rebate $4,975

Welcome to this spacious multi-level home offering exceptional potential for both homeowners and investors alike. Featuring a total of 6 bedrooms—with 3 bedrooms on each level—and 3 full bathrooms, this property provides a flexible layout ideal for extended living, multi-generational households, or income-producing opportunities.

The finished basement expands the living space and offers additional functionality, perfect for recreation, guest quarters, or customization to suit your needs. The home also features a private entry, dedicated outdoor space, and a defined layout that allows for comfortable day-to-day living.

While the property does require updating, it has been priced accordingly to reflect its value and potential, making it a strong opportunity for buyers looking to personalize a home or invest in a growing market.

Conveniently located near transportation, shopping, and local amenities, this property combines space, location, and opportunity all in one.

Property is being sold AS-IS.

Listed by Carsa Tennant

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Aurora Real Estate Solutions

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718-734-2702

Listed by Osman L. Kamara

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Aurora Real Estate Solutions

Last updated March 31, 2026

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Source: OneKey #977514

Listing Facts

  • TypeMulti-family
  • NeighborhoodFar Rockaway
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu8
  • Taxes$3,728/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/27/2026
Listed by Aurora Real Estate Solutions
$699,000

Estimated Closing Costs

Total
$23,410
Attorney Fees
$4,000
Title Insurance
$3,146
Bank Attorney
$1,500
Mortgage Recording Tax
$10,764
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $699,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1312 Gipson Street

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1955
  • Construction Materials: Stone, Vinyl Siding, Wood Siding

Measurements

  • Building Area Total: 1,840
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,486

Financial

Taxes

  • Parcel Number: 15663-0017
  • Tax Annual Amount: $3,728.00
  • Tax Assessed Value: $39,420.00
  • Tax Year: 2020

Interior

Features

  • Interior Features: First Floor Bedroom, First Floor Full Bath, Formal Dining

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6

Parking

Parking

  • Parking Features: Driveway
  • Parking Total: 2

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 3 bathrooms in this multi-family home at 1312 Gipson Street.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 1312 Gipson Street.

What are the annual taxes for 1312 Gipson Street?

Annual taxes for this multi-family home are estimated at $3,728.

How does 1312 Gipson Street compare to other multi-family homes in Far Rockaway?

This multi-family home is listed 26% below the average price for multi-family homes in Far Rockaway and has been on the market for 116 less days than the typical home in this area.

1312 Gipson Street is a 6-bedroom, 3-bath multi-family home for sale in Far Rockaway NY 11691. Available on Prevu for 8 days at $699,000. This residence is located in Far Rockaway. The median listing price for multi-family homes in this area is $749,500. The home offers parking. Browse more multi-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.