318 Beach 42nd Street, Far Rockaway, NY 11691
Local realty services provided by:Better Homes and Gardens Real Estate Dream Properties
318 Beach 42nd Street,Arverne, NY 11691
$649,999
- 5 Beds
- 3 Baths
- 1,764 sq. ft.
- Multi-family
- Pending
Listed by: david a. garth cbr
Office: d network realty inc
MLS#:928447
Source:OneKey MLS
Price summary
- Price:$649,999
- Price per sq. ft.:$368.48
About this home
Offering rental income, future equity, and a stake in a rapidly growing beachside community. 318 Beach is perfect for the 1st time buyer & long term Investor looking for a lower cost of entry with long term returns in equity & passive income all while enjoying the laid back energy of beach a lifestyle.
Welcome to this well-kept legal two-family, 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 throughout 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 — featuring a separate apartment ideal for rental income or extended family. The additional 1 bedroom unit helps offset monthly expenses, making this both a comfortable home and a smart investment. Plus, there's room to easily convert the space to a 2 bedroom unit for stronger rental income.
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 just a ferry ride away. How can you beat it?
Whether you’re looking for a long-term home near the beach or an income-producing property, 318 Beach 42nd Street delivers comfort, value, and potential. Take a tour today!
Contact an agent
Home facts
- Year built:1940
- Listing ID #:928447
- Added:111 day(s) ago
- Updated:February 13, 2026 at 12:28 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,764 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water
Structure and exterior
- Year built:1940
- Building area:1,764 sq. ft.
- Lot area:0.08 Acres
Schools
- High school:Channel View School For Research
- Middle school:Channel View School For Research
- Elementary school:Ps 43
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$649,999
- Price per sq. ft.:$368.48
- Tax amount:$3,929 (2024)
New listings near 318 Beach 42nd Street
- New
$799,000Active-- beds -- baths900 sq. ft.Address Withheld By Seller, Far Rockaway, NY 11691
MLS# 960214Listed by: 5 BORO REALTY CORP - New
$1,499,000Active6 beds 4 baths3,942 sq. ft.132 Beach 5th Street, Far Rockaway, NY 11691
MLS# 960107Listed by: FIVE TOWNS MILLER REALTY INC - New
$1,199,000Active5 beds 4 baths162 Beach 6th Street, Far Rockaway, NY 11691
MLS# 960112Listed by: FIVE TOWNS MILLER REALTY INC - New
$2,195,000Active6 beds 3 baths2,401 sq. ft.885 Central Avenue, Far Rockaway, NY 11691
MLS# 958281Listed by: MILKY FORST PROPERTIES INC - New
$839,000Active6 beds 4 baths2,100 sq. ft.22-12 Regina Avenue, Far Rockaway, NY 11691
MLS# 959370Listed by: VICTORY TOP SERVICE REALTY - New
$365,000Active2 beds 1 baths909 sq. ft.221 Beach 80th Street #1J, Rockaway Beach, NY 11693
MLS# 959064Listed by: HOME GLOBAL REALTY CORP - New
$899,990Active6 beds 2 baths2,976 sq. ft.436 Beach 29th Street, Far Rockaway, NY 11691
MLS# 959024Listed by: RE/MAX SOUTHSHORE REALTY - New
$679,900Active5 beds 3 baths2,606 sq. ft.160 Beach 30th Street, Far Rockaway, NY 11691
MLS# 940574Listed by: ISLAND ADVANTAGE REALTY LLC - New
$799,000Active4 beds 4 baths2,040 sq. ft.171 Beach 96 Street, Rockaway Beach, NY 11693
MLS# 958732Listed by: KELLER WILLIAMS LEGENDARY - New
$629,000Active5 beds 3 baths1,100 sq. ft.534 Beach 43rd Street, Far Rockaway, NY 11691
MLS# 958679Listed by: TELEMUNDO REALTY CORP