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Ad #7205578
MLS #947481
Listing photo

Prime Rental Income Opportunity - 3 Family Property Near the

423 Beach 66th St, Arverne, NY 11692
$899,000
9Beds
4Baths
--Sqft
--Acres

About this property

Prime Rental Income Opportunity - 3 Family Property Near the Beach in Arverne, NY. Discover a fantastic investment opportunity in the heart of Arverne! This well-maintained multi family home features three distinct units, offering the perfect blend of rental income and living space. Ideal for both investors and those looking to reside in one unit while renting out the others. Sold as is. Property Features: First Floor Unit: - 4 Bedrooms - 2 Bathrooms - Rental Income: $2,900/month - Spacious layout with a decent kitchen, perfect for groups. Second Floor Unit: - 3 Bedrooms - 1 Bathroom - Rental Income: $2,000/month - Great space for tenants looking for comfort and convenience. Third Floor Unit: - 2 Bedrooms - 1 Bathroom - Rental Income: $1,200/month - A unique space with potential for additional income. Additional Features: -Basement: Provides extra storage space for tenants or homeowners. -Garage: Convenient parking option and additional storage. -Backyard: A private outdoor space for relaxation or gatherings. Investment Highlights: Total Rental Income: $6,100/month, providing excellent cash flow. Cap Rate: 8.14% indicating strong investment potential. Location:Just minutes from beautiful beaches, parks, and local amenities, making it attractive for renters and residents alike. Additional Information: Opportunity for Updates: While the units are in good condition, there is potential for minor updates to increase rental value. Why This Property? Whether you are an investor looking to expand your portfolio or a homeowner seeking rental income, this property offers endless possibilities. Don't miss out on this chance to own a piece of Arverne!

Property Features

9 Beds
4 Baths
0 Sqft
Built in 1920
0.000 Acres
Driveway, Garage
Siding: Aluminum Siding
Baseboard
$5,169 / yr property tax
Queens County

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Marjorie Tornatore

Compass Greater NY LLC

917-407-3012

Location

Map
Listing Agent: Marjorie Tornatore 917-407-3012
Broker: Compass Greater NY LLC 212-913-9058 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026

Photo Gallery

Prime Rental Income Opportunity - 3 Family Property Near the - photo 1
Prime Rental Income Opportunity - 3 Family Property Near the - photo 2
Prime Rental Income Opportunity - 3 Family Property Near the - photo 3
Prime Rental Income Opportunity - 3 Family Property Near the - photo 4
Prime Rental Income Opportunity - 3 Family Property Near the - photo 5
Prime Rental Income Opportunity - 3 Family Property Near the - photo 6
Prime Rental Income Opportunity - 3 Family Property Near the - photo 7
Prime Rental Income Opportunity - 3 Family Property Near the - photo 8
Prime Rental Income Opportunity - 3 Family Property Near the - photo 9
Prime Rental Income Opportunity - 3 Family Property Near the - photo 10
Prime Rental Income Opportunity - 3 Family Property Near the - photo 11
Prime Rental Income Opportunity - 3 Family Property Near the - photo 12
Prime Rental Income Opportunity - 3 Family Property Near the - photo 13
Prime Rental Income Opportunity - 3 Family Property Near the - photo 14
Prime Rental Income Opportunity - 3 Family Property Near the - photo 15
Prime Rental Income Opportunity - 3 Family Property Near the - photo 16
Prime Rental Income Opportunity - 3 Family Property Near the - photo 17
Prime Rental Income Opportunity - 3 Family Property Near the - photo 18
Prime Rental Income Opportunity - 3 Family Property Near the - photo 19
Prime Rental Income Opportunity - 3 Family Property Near the - photo 20

$899,000

9
Beds
4
Baths
--
Sqft

423 Beach 66th St, Arverne, NY 11692

By contacting this agent you agree to these Terms and Conditions.
Home New York Arverne
Prime Rental Income Opportunity - 3 Family Property Near the - photo 1
Prime Rental Income Opportunity - 3 Family Property Near the - photo 2
Prime Rental Income Opportunity - 3 Family Property Near the - photo 3
Prime Rental Income Opportunity - 3 Family Property Near the - photo 4
Prime Rental Income Opportunity - 3 Family Property Near the - photo 5
MLS# 947481
Home Sale Pending

Prime Rental Income Opportunity - 3 Family Property Near the

$899,000

423 Beach 66th St, Arverne, NY 11692

9
Beds
4
Baths
--
Sqft
--
Acres
$899,000
423 Beach 66th St, Arverne, NY 11692
9 Beds
4 Baths
-- Sqft
-- Acres
Prime Rental Income Opportunity - 3 Family Property Near the Beach in Arverne, NY. Discover a fantastic investment opportunity in the heart of Arverne! This well-maintained multi family home features three distinct units, offering the perfect blend of rental income and living space. Ideal for both investors and those looking to reside in one unit while renting out the others. Sold as is. Property Features: First Floor Unit: - 4 Bedrooms - 2 Bathrooms - Rental Income: $2,900/month - Spacious layout with a decent kitchen, perfect for groups. Second Floor Unit: - 3 Bedrooms - 1 Bathroom - Rental Income: $2,000/month - Great space for tenants looking for comfort and convenience. Third Floor Unit: - 2 Bedrooms - 1 Bathroom - Rental Income: $1,200/month - A unique space with potential for additional income. Additional Features: -Basement: Provides extra storage space for tenants or homeowners. -Garage: Convenient parking option and additional storage. -Backyard: A private outdoor space for relaxation or gatherings. Investment Highlights: Total Rental Income: $6,100/month, providing excellent cash flow. Cap Rate: 8.14% indicating strong investment potential. Location:Just minutes from beautiful beaches, parks, and local amenities, making it attractive for renters and residents alike. Additional Information: Opportunity for Updates: While the units are in good condition, there is potential for minor updates to increase rental value. Why This Property? Whether you are an investor looking to expand your portfolio or a homeowner seeking rental income, this property offers endless possibilities. Don't miss out on this chance to own a piece of Arverne!
193 days
on BeachHouse.com
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Property Details

HOME DETAILS

9 Beds
4 Baths
0 Sqft
Built in 1920
0.000 Acres

EXTERIOR

Driveway, Garage
Siding: Aluminum Siding

INTERIOR

Baseboard

FINANCIAL & COMMUNITY

$5,169 / yr property tax
Queens County
See More Details

Location

Map
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Ad Statistics

Ad Number
7205578
Viewed
148 times
Listing Status
Pending
Added
Jan 30, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM

Listing Information

Data Source
OneKey MLS
Source Property ID
947481
Listing Agent: Marjorie Tornatore 917-407-3012
Broker: Compass Greater NY LLC 212-913-9058 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.
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SEARCH STATES
Alabama Alaska California Connecticut Delaware Florida Georgia Hawaii Louisiana Maine Maryland Mississippi New Hampshire New Jersey New York North Carolina Oregon Pennsylvania Rhode Island South Carolina Texas Virginia Washington
SERVICES
Buy Buy Advertise
COMPANY
Testimonials About Us Office Locations
SUPPORT
Help Contact Us
ADDITIONAL MARKETS
LakeHouse.com MountainHomes.com GolfHomes.com BarrierFreeHome.com
SUBSCRIBE
Receive notifications for new listings
Subscribe
X Facebook Instagram YouTube

Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.11
Terms & Policy