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.
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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.