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552 Beach 68th StreetArverne, NY 11692

For Sale

$1,600,000

Smart Buyer Rebate $20,000

Don't miss this prime investment opportunity. A legal 2-family residence in New York City with immense potential for expansion up to a 4-family income-producing property or can be utilized for a large family. There is a 2-bedroom unit with a finished attic and potential setup for another unit. As well as a 2-bedroom unit on the ground floor with a finished basement that also can be used as another unit. The large 2-car garage also has potential for living space via the NYC ADU program. Both units have separate entrances and there are 4 entrances total. The house is much larger than the outside view at 2,289 square feet and sits on a 4,000 square foot lot with a driveway, and plenty of space in the backyard for entertainment. All utilities and the roof are in great condition. Taxes are super low. Minutes away from JFK, and walking distance to public transportation. Minutes away from a senior citizen assisted living facility and the YMCA. This house is perfect for large families, investors looking for income, or owner occupants who want to offset their mortgage.

Listed by James Donald

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EXP Realty

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888-276-0630

Last updated October 09, 2025

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Source: OneKey #921345

Listing Facts

  • TypeMulti-family
  • NeighborhoodArverne
  • Bedrooms4
  • Bathrooms3
  • Days on Prevu15
  • Taxes$4,875.65/year

Location

Mortgage Calculator

Listing History

10/07/2025
Listed by EXP Realty
$1,600,000

Estimated Closing Costs

Total
$57,340
Attorney Fees
$4,000
NYC Mansion Tax
$16,000
Title Insurance
$7,200
Bank Attorney
$1,500
Mortgage Recording Tax
$24,640
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,600,000 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 552 Beach 68th Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1930
  • Construction Materials: Frame, Vinyl Siding

Measurements

  • Building Area Total: 2,289
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Square Feet: 4,000

Financial

Taxes

  • Parcel Number: 16034-0025
  • Tax Annual Amount: $4,875.65
  • Tax Year: 2025

Interior

Features

  • Flooring: Tile, Wood
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Eat-in Kitchen

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Detached, Driveway, On Street

Schools

Elementary School

  • Elementary School: Ps/Ms 42 R Vernam
  • Elementary School District: Queens 27

High School

  • High School District: Queens 27

Middle or Junior School

  • Middle Or Junior School District: Queens 27

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Radiant
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

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 2025, 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.