Financial
Distress signals
Property profile

916 Cornaga Ave Far Rockaway, NY 11691

OFF-MARKET
Investment properties
Property ID
US63-1684356
6,102 SF 0.09 ac lot Built 1931
Last sale Jul 2024 · $999,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$7k
Tax billed · 2024
Assessed value$60k
Assessed land$15k
Assessed improvement$45k
Effective rate11.73%

Value estimate

· Sep 2026
$1.08M
$972k – $1.19M
CAP approach$1.21M
Submarket $/SF estimate$1.10M

Realmo valuation models over county records and 9 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 comparables9

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?
R4A
This district is designed to provide for single or two family detached dwellings on zoning lots of specified lot widths, and also include...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm35.1
Realty agency35.1
Skin Care Clinic14.6

Location

916 Cornaga Ave Far Rockaway, NY 11691-5002
County assessor Recorded deeds · 2 transfers 9 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
1124 Foam, Far Rockaway, NY 11691-4005 $750,000 Apr 2024 7,200 SF
722 Bch 9th, Far Rockaway, NY 11691-5211 $1,850,000 Aug 2023 3,169 SF
694 Bch 20th, Far Rockaway, NY 11691-3502 $3,750,000 Jan 2023 4,275 SF
1050 Bch 21st, Far Rockaway, NY 11691-3305 $760,000 Aug 2022 3,000 SF
2124 Fernside, Far Rockaway, NY 11691 $625,000 Jul 2021 3,168 SF
1302 Sage, Far Rockaway, NY 11691-4629 $900,000 Mar 2020 3,632 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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