Beach life meets smart investing! Far Rockaway properties are perfect for those who want rental income and future equity in a community that’s booming
Welcome to this well-kept 5 bedroom 3 bath Hi ranch located just blocks from the beach in the heart of Far Rockaway, Queens. This spacious home offers the warmth of classic design combined with the convenience of multi-level living.
Step inside to find a bright and inviting living room glowing with natural light throug the day, and a cozy layout perfect for relaxing or entertaining. The eat-in kitchen features plenty of cabinet space, tiled countertops, and full-sized appliances, ready for your personal touch or modern update.
Upstairs, you’ll find comfortable bedrooms and a full bath, while the lower level provides excellent flexibility — ideal for an office, guests, a recreation area, or additional rental opportunity.
Outside, the property features a large driveway with ample parking, a covered front porch, and a fenced yard area perfect for gatherings or gardening.
Located near public transportation, schools, shops, and just minutes from the boardwalk and Rockaway Beach, this home combines coastal living with NYC convenience. Especially with Manhattan a ferry ride away. How can you beat it?
Whether you’re looking for a long term home in the Beach or a smart investment, 318 Beach 42nd Street delivers comfort, value, and potential. Take A Tour!
Listed by David A. Garth CBR
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D Network Realty Inc
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718-285-0722
Last updated October 24, 2025
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Source: OneKey #928053
Listing Facts
TypeSingle-family
NeighborhoodEdgemere
Bedrooms5
Bathrooms3
Days on Prevu1
Taxes$3,929.04/year
Size1,764 sqft
Price per sqft$368
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/23/2025
Listed by D Network Realty Inc
$649,999
Estimated Closing Costs
Total
$22,434
Attorney Fees
$4,000
Title Insurance
$2,925
Bank Attorney
$1,500
Mortgage Recording Tax
$10,009
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $649,999 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 318 Beach 42nd Street
Exterior
Construction
Property Attached: Yes
Year Built: 1940
Architectural Style: Hi Ranch
Construction Materials: Frame
Features
Waterfront Features: Beach Access
Measurements
Building Area Total: 1,764
Building Area Units: Square Feet
Lot Size Acres: 0.07
Lot Size Square Feet: 3,269
Financial
Taxes
Parcel Number: 15831-0015
Tax Annual Amount: $3,929.04
Tax Assessed Value: $35,880.00
Tax Year: 2024
Interior
Features
Appliances: Gas Oven, Gas Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
Interior Features: First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Eat-in Kitchen, In-Law Floorplan
Measurements
Living Area: 1,764
Living Area Source: Public Records
Rooms
Bathrooms Full: 3
Bathrooms Total Integer: 3
Bedrooms Total: 5
Rooms Total: 13
Parking
Parking
Parking Features: Driveway
Schools
Elementary School
Elementary School: Ps 43
Elementary School District: Queens 27
High School
High School: Channel View School For Research
High School District: Queens 27
Middle or Junior School
Middle Or Junior School: Channel View School For Research
Middle Or Junior School District: Queens 27
Utilities
Equipment
Heating: Baseboard, Hot Water
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public
Water Source: Public
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