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.
For sale
$799,000
7221 Hillmeyer Ave, Arverne, NY 11692
--beds
2,001sqft
Multi Family
Built in 2000
-- sqft lot
$792,800 Zestimate®
$399/sqft
$-- HOA
What's special
Fully renovatedPrivate backyard spaceMove-in readyPrivate drivewayTankless hot water system
- 5 days |
- 128 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: April 09, 2026 at 06:40am
Listing by:
Rockaway Properties 718-634-3134,
Nicole Switzer 917-921-5266
Source: BNYMLS,MLS#: 500271
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiant, Baseboard
Appliances
- Included: Refrigerator, Stove, Tankless Water Heater
Features
- Flooring: Carpet, Laminate, Tile
- Basement: None
Interior area
- Total structure area: 2,001
- Total interior livable area: 2,001 sqft
Property
Parking
- Total spaces: 2
- Parking features: Private Drive, 2 Spaces
- Has uncovered spaces: Yes
Features
- Stories: 2
- Fencing: Partial
Lot
- Size: 3,000 Square Feet
- Dimensions: 30x100
- Features: Back Yard, Front Yard
Details
- Foundation area: 1081
- Parcel number: 160580068
- Zoning: R4-1
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Siding, Block, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 2000
Utilities & green energy
- Electric: 200 Amp
Community & HOA
Community
- Subdivision: Queens
Location
- Region: Arverne
Financial & listing details
- Price per square foot: $399/sqft
- Tax assessed value: $632,000
- Annual tax amount: $4,302
- Date on market: 4/7/2026
- Cumulative days on market: 6 days
Estimated market value
$792,800
$753,000 - $832,000
$3,943/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Listed for sale | $799,000-4.8%$399/sqft |
Source:  BNYMLS #500271 Report a problem | ||
| 4/6/2026 | Listing removed | $839,000$419/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #967024 Report a problem | ||
| 3/3/2026 | Listed for sale | $839,000+297.6%$419/sqft |
Source: OneKey® MLS as distributed by MLS GRID #967024 Report a problem | ||
| 11/26/2025 | Listing removed | $2,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/18/2025 | Listed for rent | $2,750+12.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/9/2025 | Listing removed | $2,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/29/2025 | Listed for rent | $2,450-10.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/29/2025 | Listing removed | $2,750+12.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/14/2025 | Price change | $2,450-10.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/8/2025 | Listed for rent | $2,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/29/2000 | Sold | $211,000$105/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $37,920 -0.5% |
| 2023 | -- | $38,100 +18.2% |
| 2022 | -- | $32,220 +20.1% |
| 2021 | -- | $26,820 -3.7% |
| 2020 | $3,212 -10.1% | $27,840 +0.7% |
| 2019 | $3,575 -5.9% | $27,660 +52.4% |
| 2018 | $3,797 +8.8% | $18,150 +6% |
| 2017 | $3,491 +22.2% | $17,123 +6% |
| 2016 | $2,856 | $16,154 +6% |
| 2015 | $2,856 +15.4% | $15,240 |
| 2014 | $2,475 | $15,240 |
| 2013 | -- | $15,240 -22.8% |
| 2012 | -- | $19,740 -12.8% |
| 2011 | -- | $22,632 |
| 2010 | -- | $22,632 +0.8% |
| 2009 | -- | $22,461 +6% |
| 2008 | -- | $21,190 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Arverne
Nearby schools
GreatSchools rating
- 5/10Ps Ms 42 R VernamGrades: PK-8Distance: 0.4 mi
- 6/10Channel View School For ResearchGrades: 6-12Distance: 1.4 mi
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