Far Rockaway, NY
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    • Retail
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    • Residential Income
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    Price
    Price
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    $

    Operating Costs & Financing

    Far Rockaway property taxes are below the county average by 0.26 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $39.14 per sq ft
    Tax Rate (average for all types) 9.69%
    Tax Rate vs County Average 0.26 pp below county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Far Rockaway.

    Leading Commercial Asset Segments

    Residential income properties 63
    Multifamily properties 61
    Duplexes 52
    Retail properties & Spaces 20
    Industrial properties 13

    Far Rockaway Demographics Overview

    Population 82K
    Population Growth (5Y) +1.8%
    Median Household Income $58,753
    College Educated 41.8%

    Top Neighborhoods for Investment

    Discover the areas of Far Rockaway with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    Far Rockaway $1.4M - 1.4M $1.4M
    Rockaway Park $3.8M - 3.8M $3.8M

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