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414 E Olive Street, Long Beach, NY 11561

$1,260,000
  • 414 E Olive Street, Long Beach, NY 11561 Main Photo

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MLS#984489
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLong Beach

Property Description

This is a rare opportunity to own a LEGAL TWO-FAMILY property Beach Side, with generous potential. taxes are being grieved This expansive 5 bedroom, 5 bathroom, two driveways. LEGAL two-family home sits on a generous 60 x 100 lot, offering incredible space. The home features hardwood floors throughout,a formal dining room and a thoughtfully designed layout. A bonus room made into a walk in closet 12'8 x 6'9. Enjoy the convenience of two full kitchens including 2 refrigerators and two stoves, along with in-unit washer anddryer. The oversized bedrooms include ample closet space, with one extra bedroom filled with a walk in closet with selves, rods for hanging clothes, and a desk. Perfect for today's lifestyle. Step outside to a large second-floor deck, along with PVC fencing providing privacy and low maintenance. Additional highlights include a large finished garage. Two complete kitchens, each with its own refrigerator and stove, plus on first floor washer and dryer. Ample closets through-out. Known as the City by the Sea, Long Beach offers miles of pristine beach, bustling boardwalk, an a thriving surf scene. All with the feel of a tight-knit coastal community. This is beach-side two-family living with endless potential. Some photos AI generated

414 E Olive Street | MLS# 984489

This multi-family property located at 414 E Olive Street, Long Beach, NY 11561 is currently listed for sale with an asking price of $1,260,000. E Olive Street is located within the Long Beach school district. Search Long Beach real estate on www.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Storage Space
Cooling: Ductless, Wall/Window Unit(s)
Garage: 2
Heating: Baseboard, Separate Meters
Lot Size: 0.14 Acres
Taxes: $22,660
Year Built: 1925

Amenities

First Floor Bedroom
First Floor Full Bath
Built-in Features
Eat-in Kitchen
Entrance Foyer
Formal Dining
High Ceilings
Storage
Walk Through Kitchen
Walk-In Closet(s)

Feature Descriptions

Building Area Total: 6000
Cap Rate: 11561
Days on Site: 16
Exterior: Shake Siding, Shingle Siding
Flooring: Hardwood
Formal Dining: Yes
GarageY/N: Yes
Heating Units: 2
Laundry: Laundry Room
On Market Date: 2026-04-28
Parcel Number: 1000-59-157-00-0011-0
Parking Features: Driveway, Garage, On Street
Rental Term: Monthly
Separate Gas Meters: 2
Sewer: Public Sewer
Units: 2
Utilities: Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Available
Water: Public
Window Features: Blinds

Local Schools

Elementary School: Lido Elementary School
School District: Long Beach

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Estimated Payment

$ 5,060.05 per month $2,804.21 Principal & Interest $1,888.33 Property Tax $367.50 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Douglas Elliman Real Estate
Agency Contact: 516-432-3400

Shown By

Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902

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