A rare find—Brick, legal 2-family home in move-in condition with great potential. The main unit features a spacious living room, dining room, and eat-in kitchen. The second floor offers 3 bedrooms, a full bath, and access to a pull-down attic. The walk-in basement includes a bedroom, full bath, laundry room, and walk-in closet. The second apartment provides a comfortable layout with 1 bedroom, a full bath, a living room, and a dining area. Additional highlights include a long private driveway and a convenient location near shops, schools, and major highways. With strong potential for future growth, this is an excellent opportunity for both homeowners and investors.
Listed by Vera Mair
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Exit Realty First Choice
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718-380-2500
Last updated August 26, 2025
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Source: OneKey #890630
Listing Facts
TypeMulti-family
NeighborhoodEdgemere
Bedrooms5
Bathrooms3
Days on Prevu51
Taxes$4,300/year
Amenities
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
08/26/2025
Price Decreased
$685,000
07/18/2025
Listed by Exit Realty First Choice
$700,000
Estimated Closing Costs
Total
$23,132
Attorney Fees
$4,000
Title Insurance
$3,083
Bank Attorney
$1,500
Mortgage Recording Tax
$10,549
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $685,000 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 318 Beach 42nd Street
Exterior
Construction
Number Of Units Total: 2
Property Condition: Actual
Year Built: 1940
Construction Materials: Brick
Features
Patio And Porch Features: Porch
Measurements
Building Area Total: 1,764
Building Area Units: Square Feet
Lot Size Acres: 0.07
Lot Size Dimensions: 29
Lot Size Square Feet: 3,066
Financial
Taxes
Parcel Number: 15831-0015
Tax Annual Amount: $4,300.00
Tax Year: 2025
Interior
Features
Flooring: Brick
Interior Features: First Floor Bedroom
Rooms
Basement: Finished, Full
Has Basement: Yes
Bathrooms Full: 3
Bathrooms Total Integer: 3
Bedrooms Total: 5
Other
Location
Tax Block: 15831
Tax Lot: 15
Parking
Parking
Parking Features: Driveway
Parking Total: 2
Utilities
Equipment
Heating: Other
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Water Source: Other
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