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For Sale

$899,999

95 days on market

20 E Pine Street

Long Beach, NY 11561

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· 8% down, 7% APR, 30yr fixed

6

Beds

4

Baths

—

Square feet

1988

Built

Listing narrative

Description

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!

Listing agent (MLS): Andrew Panton · Listing brokerage (MLS): Fave Realty Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$899,999

Beds

6 bd

Type

Multi-Family

Home Size

Sqft n/a

Baths

4

Lot Size

0.11 acres

Year

1988

Status

For Sale

Days on Market

95

· 8% down, 7% APR, 30yr fixed

Verified property data

Value, tax & last recorded sale

Public records available on the full property page

Estimated home value

Not available

Automated valuation estimate, not an appraisal. Value and range come from the connected property-data provider.

Public records are available on the full property page.

No record values are inferred or fabricated.

Full MLS property history

Confirmed unavailable from Atlas — listing-feed integration required for listing, relisting, price-change, status, pending, sold, withdrawn and expired events.

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Courtesy of Fave Realty Inc