552 Beach 68th Street, Far Rockaway, NY, 11692
About This Home
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.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- First Floor Bedroom,First Floor Full Bath,Ceiling Fan(s),Eat-in Kitchen
- Flooring: Tile,Wood
- Attic: Finished
Heating & Cooling
- Heating features: Radiant
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 2,289
- Total interior livable area: 2,289 sqft
Property
Details
- Parcel number: 160340025
- Special condition: None
Lot
- Lot size: 4,000 sqft
Parking
- Total spaces: 2
- Parking features: Detached,Driveway,On Street
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Cold Wave
- Heat Wave
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Queens County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,550 | $54,600 |
| Home Insurance * | $428 | $5,136 |
| Property Taxes | $562 | $6,744 |
| Electricity | $378 | $4,539 |
| Total | $5,918 | $71,016 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-14 | Price change | $899,999 |
| 2025-12-15 | Price change | $1,100,000 |
| 2025-10-07 | Listed for sale | $1,600,000 |
| 2004-11-05 | Sold | $305,000 |
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