248 Beach 131st Street
About this property
This two-family home in Belle Harbor, NY, offers a fantastic opportunity for both investors and homeowners. Ideally located near the beach, shops, and schools, it combines convenience with coastal living. One unit is move-in ready, providing immediate rental income or a comfortable living space, while the other unit requires some renovations, allowing for customization to fit your preferences. The property features a two-car garage and ample storage, enhancing its practicality. New water heater put in 2025. This home presents a blend of potential and livability, making it a great investment in a desirable community.
Listing details
- Property Type
- Residential Income
- Sub-Type
- Duplex
- Year Built
- 1930
- Lot Size
- 3,000 sqft
- County
- Queens
- MLS #
- KEY1022310
- Status
- Active
Street view & aerial
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FMR for Belle Harbor, NY 11694
FY2025 · Nassau-Suffolk HUD Metro FMR Area
All bedroom sizes — ZIP 11694
| Unit Size | Monthly FMR | Annual Gross |
|---|---|---|
| Studio | $1,900 | $22,800 |
| 1 Bedroom | $2,156 | $25,872 |
| 2 Bedroom | $2,640 | $31,680 |
| 3 Bedroom | $3,324 | $39,888 |
| 4 BedroomSubject | $3,683 | $44,196 |
Source: U.S. Department of Housing & Urban Development — Nassau-Suffolk HUD Metro FMR Area, FY2025. FMR represents the 40th-percentile gross rent under the Section 8 Housing Choice Voucher program. Market rents in stable Long Island submarkets typically run 110–130% of FMR.
Mortgage calculator
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Questions about this listing
Is 248 Beach 131st Street in Belle Harbor still available?
Inventory changes daily. 248 Beach 131st Street is currently listed as Active in OneKey® MLS. Contact East End Luxury Ltd. at (516) 449-2783 for the most up-to-date status, including any pending offers, auction date, or short-sale lender response.
Can I tour a foreclosure or short sale on Long Island?
Yes. Most distressed properties on Long Island, the Hamptons, and East End are available for showings by appointment. We coordinate access with the listing brokerage, asset manager, or seller's attorney and can typically schedule a tour within 24–72 hours.
How do offers work on a short sale or REO listing?
Short sales require lender approval and typically take 60–120 days from accepted offer to closing. REO/bank-owned listings follow asset-manager addenda and usually close in 30–45 days. Cash offers and pre-approved buyers receive priority. We guide you through every step.
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Listing last updated: 08/21/2026, 07:09 PM ET
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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