Financial
Distress signals
Property profile

5119 Bch Channel Dr Far Rockaway, NY 11691

OFF-MARKET
Retail residential properties
Property ID
US63-0762310
242,731 SF 1.14 ac lot Built 2023
Last sale Jul 2023 · $11,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 5119 Beach Channel Dr, Far Rockaway, NY is configured for commercial off-street parking and includes 22 parking spots. The property footprint is approximately 2,118 square feet.

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?
$248k
Tax billed · 2024
Assessed value$1.98M
Assessed land$672k
Assessed improvement$1.31M
Effective rate12.50%

Value estimate

· Sep 2026
$25.14M
$22.62M – $27.65M

Realmo valuation models over county records.

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

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?
C4-4
This district comprise the City major and secondary shopping and business centers, which provide for shopping needs and services over a w...
General categoryCOMMERCIAL
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 agency39.4
Law Firm35.3
Spa & Massage22.6

Location

5119 Bch Channel Dr Far Rockaway, NY 11691-1042
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file 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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1919 Cornaga, Far Rockaway, NY 11691-3513 $2,500,000 Jan 2025 3,485 SF
1018 Bch 20th, Far Rockaway, NY 11691-3992 $6,046,659 Aug 2019 71,757 SF
Gtwy, Jamaica, NY 11691 $1,609,089 Jul 2019 68,735 SF
1425 Central, Far Rockaway, NY 11691-3938 $3,750,000 Apr 2019 8,400 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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