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1047 Neilson StreetFar Rockaway, NY 11691

For Sale

$1,500,000

Smart Buyer Rebate $18,750

Introducing 1047 Neilson Street, Far Rockaway — a rare and expansive two-family home set on an incredible 13,000 sq ft lot. This one-of-a-kind property offers endless potential, whether for investment or as a spacious private residence. With generous living space and a lot size rarely found in the area, it’s truly a standout opportunity. Home is being sold as-is, presenting the perfect canvas for your vision.

Listed by Elisheva Baum

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Milky Forst Properties Inc

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516-239-0306

Listed by Milka Forst

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Milky Forst Properties Inc

Last updated November 18, 2025

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Source: OneKey #930277

Listing Facts

  • TypeMulti-family
  • NeighborhoodFar Rockaway
  • Bathrooms2
  • Days on Prevu18
  • Taxes$5,369.52/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/18/2025
Price Decreased
$1,500,000
11/01/2025
Listed by Milky Forst Properties Inc
$1,600,000

Estimated Closing Costs

Total
$54,350
Attorney Fees
$4,000
NYC Mansion Tax
$15,000
Title Insurance
$6,750
Bank Attorney
$1,500
Mortgage Recording Tax
$23,100
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,500,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1047 Neilson Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1910
  • Construction Materials: Frame

Measurements

  • Building Area Total: 4,262
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.30
  • Lot Size Square Feet: 13,125

Financial

Taxes

  • Parcel Number: 15556-0047
  • Tax Annual Amount: $5,369.52
  • Tax Assessed Value: $56,580.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Hardwood
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Original Details

Rooms

  • Basement: Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Detached, Driveway

Utilities

Equipment

  • Cooling: Multi Units
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.