Jason Morano
Property Description
Property is currently being prepared for market - more photos coming soon. Priced to sell quickly - MOTIVATED SELLER. Don't miss this opportunity to secure a high-potential multi-family property in a growing area!Rare opportunity to own a large 2-family home in Far Rockaway featuring a total of 8 bedrooms and 4.5 bathrooms! This expansive property offers incredible space and flexibility, perfect for both end-users and investors alike.The first unit features a spacious duplex layout with basement access, offering 5 bedrooms and 2.5 baths, along with additional living space and a separate entrance. The second-floor unit includes 3 bedrooms and 2 full baths and is currently tenant-occupied, generating steady income. Property can be delivered with or without tenants!This is a true income-producing property with strong upside potential - ideal for buyers looking to live in one unit while renting the other, or fully maximize rental income. Property being sold as-is.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished, Full, See Remarks, Walk-Out Access
Basement: Yes
Cooling: Wall/Window Unit(s)
Garage: 2
Heating: Natural Gas, Other
Lot Size: 0.19 Acres
Taxes: $5,787
Year Built: 1950
Amenities
Other
Feature Descriptions
Building Area Total: 2112
Cap Rate: 11510
Days on Site: 12
Exterior: Aluminum Siding, Brick
GarageY/N: Yes
On Market Date: 2026-04-14
Parcel Number: 15769-0005
Parking Features: Driveway, Garage
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: See Remarks
Water: Public
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Estimated Payment
$ 2,269.49 per month $1,580.15 Principal & Interest $482.25 Property Tax $207.08 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Vantage Realty Partners
Agency Contact: 631-562-0606
Shown By
Agent Name: Jason Morano
Agent Phone:
Agency Title: Laffey Real Estate
2118 Elk Drive | MLS# 985272
This multi-family property located at 2118 Elk Drive, Far Rockaway, NY 11691 is currently listed for sale with an asking price of $710,000. Search Far Rockaway real estate on jasonmorano.laffey.com today.