Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
318 Beach 87th Street

For Sale · Listing by Compass

318 Beach 87th Street

Seaside, Queens

$1,325,000

Interested in this property?

$1,325,000

$342 per sq ft

318 Beach 87th Street

Seaside, Queens

MLS® #RLS20092359

RLS at REBNY

Listing by Compass

3
Bedrooms
2
Baths
3,872
Sq. Ft.
2004
Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 3,872 sq ft
Lot Size 4,000 sq ft
Year Built 2004
Ownership None
Property Taxes $6,549/yr
Parking Private
Neighborhood Seaside
Floor 1 of 2

Property Highlights

  • Exposure: East,South,West facing
  • Outdoor Space: Deck, Patio
  • Fireplace: 1 fireplace

Property Details

Type Single Family Residence
Ownership None
Total Rooms 7
Baths 2 Full
Floor 1 of 2
Exposure East,South,West
Heating Natural Gas
Cooling Central Air
Pets Yes
Year Built 2004
Living Area 3,872 sq ft
Parking Features Private
Structure Type House,Townhouse
Flooring Hardwood
Furnished Unfurnished
Lot Size 4,000 sq ft
Parcel # 16118-0023
Block/Lot 16118/0023

Listing History

Event Date Price Change
Listed May 27, 2026 $1,400,000 -
Currently Sep 2, 2026 $1,325,000 -5.4%

Description

This remarkable residence was conceived as a place to step out of city life without stepping away from it, and for two decades, it has been just that. Custom designed and built as a second home and creative space for its original owners in 2004, it has become Rockaway’s most iconic and architecturally distinctive home. With a double-height great room framed by soaring 22-foot ceilings, walls of oversized double windows, plus an 850 square foot bright and open loft, it has been enjoyed as both a primary residence and the local go-to setting for art exhibitions, music performances, fitness classes, countless parties and networking events, commercials, and photo shoots. The current owners have thoughtfully upgraded this low maintenance home, and extensive repairs and resiliency improvements following Hurricane Sandy reinforced its already exceptional construction. Now clad in galvanized steel and raised 9 feet above grade, the structure is reinforced with concrete columns, a steel I-beam, and protected by a commercial-grade fire suppression system. Not merely a striking house, this is a thoughtfully built coastal property with the durability and foresight that distinguish it from everything else. Over 1,200 square feet of space on the ground level below the home solves one of the greatest challenges of beach and city living: storage. With 8 feet of clearance height, an enclosed workshop, storage shed, surfboard racks, and plenty of open space, there’s room to store boards, bicycles, tools, beach gear, and everything else. Indoor-outdoor living is equally considered with a spacious back deck, tranquil and beautifully-landscaped backyard, and seasonal hot-and-cold outdoor shower to make the transition from beach to home effortless. A separate freestanding structure, currently a rehearsal studio, adds another layer of creative and functional possibility. Situated on one of Rockaway Beach’s most desirable blocks, the home offers a rare balance: the ocean and boardwalk are nearby; Jamaica Bay, Bay Breeze Park, and the Jamaica Bay Wildlife Refuge invite daily contact with open water, wildlife, and low-density coastal calm. The nearby Wall Street Ferry, subways, and buses keep Manhattan work, culture, and city life within reach. With additional buildable potential of approximately 800 square feet of FAR (please consult your architect), this is a home with both an established legacy and room to evolve. This is not simply a larger or more dramatic alternative to nearby homes. It is a custom-built, proven, resilient coastal compound with a history of creativity, community, and connection, one not found anywhere else.

Features & Amenities

Interior Features

Built In Features High Ceilings His And Hers Closets See Remarks Flooring: Hardwood Double Pane Windows Fireplace (1)

Exterior Features

Building Storage Building Outdoor Shower Private Outdoor Space Over60 Sqft Private Yard Deck Patio

Appliances

Dryer Dishwasher Energy Star Qualified Appliances Gas Cooktop Washer

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 2
Structure House,Townhouse

Financial Details

RE Taxes $6,549/yr ($546/mo)
Original Price $1,400,000
Previous Price $1,400,000

Seaside sits on the Rockaway peninsula with mid-rise apartment buildings along the beachfront and original bungalow-style homes on interior blocks, facing the Atlantic Ocean shoreline. The A and S trains stop at Beach 105th and Beach 98th Street stations, providing direct subway service, and NYC's first legal surfing beaches are within walking distance.

Seaside Live Market Data

View Neighborhood

Active Listings

1

Median Asking Price

$1.32M

Median $/Sqft

$342

Avg Days on Market

N/A

New This Week

0

Price Reduced

100%

Sold (30 Days)

0

Median Sale Price

$680K

Live data from RLS at REBNY • Updated 9/2/26, 3:45 PM EST

Recently Sold in Seaside

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Location

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318 Beach 87th Street, Seaside, Queens County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

2004
Year Built
22 years old
2
Floors
1
Residential Units
R4-1
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $55,140
Land Value: $10,080
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,000 SF
Building Area: 2,160 SF
Built FAR: 0.54
Allowed FAR: 1

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $6,549, or roughly $546 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 3,872 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2004, making it approximately 22 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $1,325,000 for 3,872 sq ft, the asking price per square foot is approximately $342. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20092359
First Listed: 5/20/2026
On Market: 5/27/2026
Price Changed: 8/5/2026
Contract Date: 5/14/2026

Listing Courtesy of Compass - Casey D Mullin

Listing Contact: (917) 960-3930

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/2/2026 at 7:45 PM UTC

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Seaside Market Update

0 sales last 30 days · $1.32M median · N/A supply

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Quick Facts

Status Active Type Single Family Residence Neighborhood Seaside Borough Queens
County Queens
Floor 1 of 2
Year Built 2004
First Listed 5/20/2026
Living Area 3,872 sqft
Annual Tax $6,549

Monthly Costs Estimate

Down Payment 20%

$265,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $546
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$13,250

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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