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329 Beach 29th Street, Far Rockaway NY 11691
329 Beach 29th Street, Far Rockaway NY 11691
New York>Queens>Bayswater

329 Beach 29th StreetFar Rockaway, NY 11691

For Sale

$1,100,000

Smart Buyer Rebate $13,750

Excellent investment opportunity in the heart of Far Rockaway! Well-maintained 4-family property featuring one occupied unit generating $3,600/month in rental income and three vacant units ready for immediate lease-up or owner occupancy. Market rents are estimated at approximately $2,700/month per vacant unit, offering a projected gross rental income of up to $11,700/month when fully occupied.

The property offers spacious apartments with hardwood floors, updated kitchens and baths, abundant natural light, and separate entrances. The building features a desirable layout, private driveway access, and a large side yard. Conveniently located near transportation, shopping, schools, parks, and the beach.

Perfect for investors seeking strong cash flow potential or owner-occupants looking to offset expenses with rental income. Vacant units provide flexibility for immediate rent increases and tenant selection.
Projected Gross Rent Roll:

Unit 1 (Occupied): $3,600/month
Unit 2 (Vacant): Approx. $2,700/month
Unit 3 (Vacant): Approx. $2,700/month
Unit 4 (Vacant): Approx. $2,700/month

Potential Gross Income: Approximately $11,700/month ($140,400/year).

Listed by Hanan Sheleg

·

Royal Realty Group Inc

·

718-468-7600

Last updated July 28, 2026

·

Source: OneKey #1014339

Listing Facts

  • TypeMulti-family
  • NeighborhoodBayswater
  • Days on Prevu46
  • Taxes$11,678.88/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

07/28/2026
Price Decreased
$1,100,000
07/03/2026
Price Decreased
$1,149,000
06/16/2026
Listed by Royal Realty Group Inc
$1,200,000

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$11,000
Title Insurance
$4,950
Bank Attorney
$1,500
Mortgage Recording Tax
$16,940
Other Closing Costs
$4,000
Total
$42,390

Estimated closing costs are based on the list price of $1,100,000 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 329 Beach 29th Street

Exterior

Construction

  • Number Of Units Total: 4
  • Year Built: 1931
  • Construction Materials: Aluminum Siding

Measurements

  • Building Area Total: 2,187
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Square Feet: 3,800

Financial

Taxes

  • Parcel Number: 15797-0012
  • Tax Annual Amount: $11,678.88
  • Tax Assessed Value: $145,800.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: First Floor Bedroom

Rooms

  • Basement: Full
  • Has Basement: Yes

Parking

Parking

  • Garage Spaces: 240
  • Garage: Yes
  • Parking Features: Driveway

Schools

Elementary School

  • Elementary School: Goldie Maple Academy
  • Elementary School District: Queens 27

High School

  • High School: Epic High School North
  • High School District: Queens 27

Middle or Junior School

  • Middle Or Junior School: August Martin High School
  • Middle Or Junior School District: Queens 27

Utilities

Equipment

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 329 Beach 29th Street.

What schools are nearby to 329 Beach 29th Street?

Nearby schools include the Goldie Maple Academy Elementary School, August Martin High School Middle School, and Epic High School North.

Does this multi-family home have parking?

Yes, there are 240 parking spaces available for 329 Beach 29th Street.

What are the annual taxes for 329 Beach 29th Street?

Annual taxes for this multi-family home are estimated at $11,678.

How does 329 Beach 29th Street compare to other multi-family homes in Bayswater?

This multi-family home is listed 21% above the average price for multi-family homes in Bayswater and has been on the market for 51 less days than the typical home in this area.

329 Beach 29th Street is a -bedroom multi-family home for sale in Far Rockaway NY 11691. On Prevu for 46 days at $1,100,000. This includes a recent price decrease of $49,000. This residence is located in Bayswater. The median listing price for multi-family homes in this area is $800,000. Nearby schools include Goldie Maple Academy Elementary School, August Martin High School Middle School, and Epic High School North. Additional amenities include parking. Explore 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.