20 E Pine Street
Long Beach, NY, 11561 $ 919,999
Bedrooms6 Baths4.0 Sq 2,304 Monthly Estimate*
$ 5,809
for $919,999 with 6 bedrooms and 4 full baths. This 2,304 square foot home was built in 1988 on a lot size of 0.1133.
Don't miss this exceptional opportunity to own a **legal two-family** home in the heart of Long Beach. This well-maintained, **income-producing property** is being sold **with paying tenants in place**, making it an ideal investment for buyers seeking immediate cash flow. The property currently generates **$5,400 per month in gross rental income ($64,800 annually)**. The first-floor unit is occupied with a lease in place through **October 31, 2026**. The second-floor unit is also occupied on a **month-to-month tenancy**. Each spacious unit features **3 bedrooms, 1.5 bathrooms**, generously sized rooms, and excellent closet and storage space. Additional highlights include a **two-car garage**, a **basement with bonus space** with separate entrance, and a location just **minutes from the beach**, shopping, restaurants, parks, bars, and public transportation. The home is in **excellent condition** with **multiple important updates**, including the **roof, windows, boiler, and hot water heater**, all completed approximately **10–15 years ago**. A **new rear deck** provides additional outdoor living space and enhances the property's appeal. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this legal two-family offers strong rental income, valuable updates, and an unbeatable Long Beach location. Don't miss this excellent investment opportunity!
See more
FeaturesInteriorInterior Amenities Other
Basement Partially Finished
Basement Features Partially Finished
Basement (Y/N) Y
Total Bedrooms 6
Total Baths 4
See more
GeneralSewer Public Sewer
Heating Natural Gas Other
Cooling None
Utilities Electricity Connected Natural Gas Connected Water Connected
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1988
Property Subtype Duplex
Tax Year 2024
Parcel Number 1000-59-092-00-0060-0
County Nassau County
Property Type Residential Income
Garage Y/N Y
Full Baths 4
High School Long Beach High School
City Long Beach
Senior Community Y/N N
High School District Long Beach
Number Of Units Total 2
Carport Y/N N
Elementary School Lindell Boulevard School
Property Attached Y/N N
Tax Annual Amount 12981.13
Middle/Junior High School Long Beach Middle School
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Long Beach
Elementary School District Long Beach
Tax Assessed Value 476
See more
ExteriorParking Features Driveway Garage Driveway Garage
Water Source Public
Building Area Total 2304
Waterfront Y/N N
See more
* Excluded FeaturesList ByAndrew PantonListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $5,809
- Monthly Property Taxes
- $1,082
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Long Beach, NY
Average List Price $1,468,391
Percent of Sale Price 60%
About Long Beach, NY 33,245 Population
-6% Since 2002
$ 88,538 Median Income
44.29 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
4100807 Elementary School
4099040 Middle School
Long Beach High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/13/2026 | $919,999 | | Listed Price |