Financial
Distress signals
Property profile

260 Bch 116th St Far Rockaway, NY 11694

OFF-MARKET
Other investment properties
Property ID
US63-5622382
3,840 SF 0.07 ac lot Built 1953
Last sale Apr 2023 · $1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a two-story retail building containing approximately 3,840 square feet on two adjacent lots. Each lot measures approximately 67 feet by 100 feet, for a combined lot area of approximately 6,700 square feet. It is configured with ground-floor space that can be delivered vacant, and the site provides 10 parking spaces for customer or operational use. The building is located at 260 Beach 116th Street in Rockaway Park, Queens, immediately adjacent to the Rockaway Park–Beach 116th

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$237k
Assessed land$32k
Assessed improvement$205k
Effective rate9.53%

Value estimate

· Sep 2026
$1.48M
$1.33M – $1.62M
AI approach$1.51M
Submarket $/SF estimate$1.53M

Realmo valuation models over county records and 73 qualifying comparable sales.

Recently sold

What actually traded nearby?
$280/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$181 – $399
Qualifying comparables73

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R5B
Where the designated district is an M1-2/R5B District, the provisions of paragraph (c) of Section 25-631 (Location and width of curb cuts...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency40.2
Building Supply34.7
Wholesale Shop31.3

Location

260 Bch 116th St Far Rockaway, NY 11694-2107
County assessor Recorded deeds · 4 transfers 73 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
157 Bch 116th, Far Rockaway, NY 11694-2430 $905,000 May 2025 3,900 SF
424 Bch 129th, Far Rockaway, NY 11694-1543 $1,770,000 Nov 2019 3,211 SF
165 Bch 116th, Far Rockaway, NY 11694-2411 $386,995 Dec 2018 3,591 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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