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329 Beach 29th Street, 
Far Rockaway, NY 11691

$1,100,000


Bed


Bath


2,187

Sq Ft


Multi-Family

Active

Listed by

Hanan Sheleg

Royal Realty Group Inc

Last updated:

August 9, 2026, 10:59 AM

MLS#

1014339

Source:

OneKey MLS

About This Home

329 Beach 29th Street

Excellent investment opportunity in the heart of Far Rockaway! Well-maintained 4-family property featuring one occupied unit generating $3,600/month in rental income and three vacant units ready for immediate lease-up or owner occupancy. Market rents are estimated at approximately $2,700/month per vacant unit, offering a projected gross rental income of up to $11,700/month when fully occupied. The property offers spacious apartments with hardwood floors, updated kitchens and baths, abundant natural light, and separate entrances. The building features a desirable layout, private driveway access, and a large side yard. Conveniently located near transportation, shopping, schools, parks, and the beach. Perfect for investors seeking strong cash flow potential or owner-occupants looking to offset expenses with rental income. Vacant units provide flexibility for immediate rent increases and tenant selection. Projected Gross Rent Roll: Unit 1 (Occupied): $3,600/month Unit 2 (Vacant): Approx. $2,700/month Unit 3 (Vacant): Approx. $2,700/month Unit 4 (Vacant): Approx. $2,700/month Potential Gross Income: Approximately $11,700/month ($140,400/year).

Home Facts

Multi-Family

Built in 1931

Price Summary

1,100,000

$502 per Sq. Ft.

MLS #:

1014339

Last Updated:

August 9, 2026, 10:59 AM

Added:

1 month(s) ago


Structure

Structure

Building Area:

2,187 Sq. Ft.

Year Built:

1931


Lot

Lot Size (Sq. Ft):

3,800


Finances & Disclosures

Finances

Price:

$1,100,000

Price per Sq. Ft:

$502 per Sq. Ft.

Source:OneKey MLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.