7221 Hillmeyer Avenue Arverne, NY $ 799,000
7221 Hillmeyer Avenue
$ 799,000
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7221 Hillmeyer Avenue

Arverne, NY, 11692
$ 799,000
Baths2.0 Sq 2,001

Monthly Estimate*

$ 4,920

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Studio

Multi-Family Home for sale in Arverne, NY

for $799,000 with 2 full baths. This 2,001 square foot home was built in 2000 on a lot size of 0.068871.

Welcome to a fully renovated, move-in ready two-family home offering flexibility, efficiency, and immediate income potential. Both units are vacant and newly updated, making this the perfect opportunity for an end-user looking to live in one unit while generating passive income from the other — or for an investor seeking a turnkey rental property. This property features: • Two renovated units ready for immediate occupancy • Solar panels for improved energy efficiency • Tankless hot water system • Private driveway • Private backyard space • Separate entrances for added privacy Whether you're looking to offset your mortgage with rental income or expand your portfolio with a low-maintenance asset, this home delivers versatility and long-term value. Located in Rockaway Beach, close to transportation, the beach, and neighborhood amenities, this home offers everything. Move right in. Rent right away. Start generating income immediately.

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Multi-Family Active

Price

$ 799,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,302

Style

Multi-Family

Lot Size

0.068871

Year Built

2000

Town/City

Arverne

County/Region

Queens

MLS | Web ID

500271

Features
Interior
Heating Fuel Radiant
Flooring Carpeting Laminate Tile
Hot Water Tankless
Full Baths 2
Half Baths 0
Three Quarter Bath 0
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General
Roof Shingle
Zoning R4-1
Electric 200 Amp
Stories Count 2
Property Type Residential
Block 16058
Yearly Taxes 4302.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Semi-Detached
Status Active
Construction Materials Block Wood Frame
Cumulative Days on Market 2
MLS Area Arverne
Sub Type Multi-Family
Year Built 2000
City Arverne
DOM 2
# Families 2
Public Remarks Welcome to a fully renovated move-in ready two-family home offering flexibility efficiency and immediate income potential. Both units are vacant and newly updated making this the perfect opportunity
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Exterior
Exterior Siding
Foundation Slab Concrete
Parking Attrib 2 Spaces
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Rockaway Properties

Broker

(917) 921-5266

Phone

Affordability Calculator

$5,278
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,920
Monthly Property Taxes
$359
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2026$799,000 Listed Price

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7221 Hillmeyer Avenue, Arverne, NY, 11692 is a Multi-Family Home for sale at $799,000 with 2,001 sqft and a lot size of 0.068871. 7221 Hillmeyer Avenue is a studio with 2.0 baths and was built in 2000. The property's zip code is 11692 which is in Arverne, NY