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Street View
$1,100,000
Monthly Est:$5,475
-- Bed
-- Bath
2,187sqft
329 Beach 29th St, New York, NY 11691
$1,100,000
$5,475/moEst:
Get Pre-Approved
Triplex
Built in 1931
$-- HOA
3,800 sqft lot
$503/sq.ft
Description
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).
- Houzeo last checked: 3 hours ago
- Listing updated: July 28, 2026 at 7:31 pm
- Listing Provided by: Hanan Sheleg (347) 444-8520 | Royal Realty Group Inc (718) 468-7600
- Source: OneKey MLS-NY as distributed by MLS GRID | MLS#: 1014339
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1931
HOA Fees
-
Finished Area
2,187 sqft
Lot Size
3,800 sqft lot
Basement Area
- sqft
MLS Name
OneKey MLS
MLS Number
1014339
MLS Status
Active
Days on Market
140
Cumulative Days on Market
42
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Interior Features
First Floor Bedroom
Cooling
None
Sewer
Public Sewer
Heating
Natural Gas
Construction
Year Built
Year Built: 1931
Home type
Triplex
Construction Materials
Aluminum Siding
Utilities & Energy
Basement
Full
Parking Features
Driveway
Water Source
Public
Utilities
Natural Gas Available
Price History
| Date | Event | Price |
|---|---|---|
06/30/2026 Source: | Price Decreased | $1,149,000 -4.25% $525/sqft |
06/16/2026 Source: | Listed for Sale | $1,200,000 +9.09% $549/sqft |
06/16/2026 Source: | Price Increased | $1,100,000 +40701.19% $503/sqft |
11/22/2024 Source: | Off Market | $2,696 $1/sqft |
Far Rockaway Ranks #125 in New York, NY
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Based on information from OneKey MLS® through Nov 04, 2026, 12:46PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 OneKey MLS. All rights reserved.
Advertising Broker: Derek Greene | The Greene Realty Group
