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448 Beach 64th Street, Far Rockaway, NY, 11692

--beds
--baths
2,016sqft
$779,000
$386price/sqft
$5,129/moest. monthly cost
$205,160/yrincome needed

About This Home

Renovated 2-family home offering an excellent opportunity for both investors and owner-occupants. The first-floor unit is currently occupied by a tenant paying $3,200/month, providing immediate rental income, while the second-floor unit is vacant and ready for occupancy or market rent. Features include updated kitchens and bathrooms, spacious bedrooms, hardwood flooring, tile flooring, modern cabinetry, stainless steel appliances, and abundant natural light throughout. Private driveway and separate living spaces make this a versatile investment. Conveniently located near transportation, shopping, schools, and local amenities.

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

7/10
Ps Ms 42 R VernamGrades PK-80.1 mi

Construction

Condition

  • Year built: 1940

Materials

  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Features

  • First Floor Bedroom

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,016
  • Total interior livable area: 2,016 sqft

Property

Details

  • Parcel number: 160370029
  • Special condition: None

Lot

  • Lot size: 2,550 sqft

Parking

  • Parking features: Driveway
  • 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
    Coastal FloodingRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Heat Wave
Cold Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

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

MonthlyAnnual
Mortgage $3,939$47,268
Home Insurance *$371$4,452
Property Taxes $486$5,832
Electricity $333$3,997
Total$5,129$61,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$175,851/yr
40% on housing$153,870/yr
45% on housing$136,773/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$386This listing

vs Other Active Listings

Avg $/sqft

ZIP 11692$434
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11692$373
Queens County$600

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

DateEventPrice
2026-07-30Price change$779,000
2026-07-03Listed for rent$3,500
2026-06-30Price change$789,000
2026-06-15Listed for sale$799,000
2022-11-18Listing removed--
2022-10-24Price change$505,000
2022-10-03Price change$529,000
2022-09-25Price change$599,000
2022-08-30Listed for sale$665,000
2022-08-10Listing removed--
2022-04-22Listed for sale$729,000

For Sale by Agent

AgentHanan Sheleg
BrokerageRoyal Realty Group Inc

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