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Financial
Distress signals
Property profile

12 Ctr Ave East Rockaway, NY 11518

OFF-MARKET
Investment properties
Property ID
US63-1096760
167 SF 0.2 ac lot Built 1935
Last sale Feb 2020 · $3,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 667-square-foot Class C business, located at 12 Centre Ave, East Rockaway, NY 11518, presents a fantastic opportunity. Currently operating as a restaurant/coffee shop from 10 AM to 8 PM, its prime location directly across from two schools and a train station ensures consistent foot traffic. Previously operating from 6 AM, the business enjoyed strong breakfast sales, suggesting significant potential for revenue growth by reintroducing morning service. The full basement offers ample…

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.

Debts

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 · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value$5k
Assessed land$2k
Assessed improvement$3k
Effective rate550.91%

Value estimate

· Oct 2026
$4.14M
$3.73M – $4.55M
AI approach$3.36M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$647/SF
County average, outlier-cleaned · 604 recorded sales of this use type
Observed band · Q1–Q3$302 – $1,068

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store13.3
Realty agency12.1
Smoke and Vape Shop11.0

Location

12 Ctr Ave East Rockaway, NY 11518-1110
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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
89 Ocean, East Rockaway, NY 11518-2004 $525,000 Jan 2025 1,612 SF
99 Ocean, East Rockaway, NY 11518-2061 $900,000 Dec 2023 1,596 SF
488 Ocean, East Rockaway, NY 11518-1208 $3,450,000 Jul 2021 10,500 SF
4 Ctr, East Rockaway, NY 11518-1113 $3,250,000 Feb 2020 944 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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