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Property profile & analytics
OFF-MARKET
Garden apartment buildings
10003 Rockaway Bch Blvd, Rockaway Park, NY 11694
Individually Owned
2-yr Hold
Free & Clear
Property ID
US63-6256647
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1929
Total area
5,600 SF
Lot
0.3 ac (13,041 SF)
Zoning code
R5D
APN
16173-0028
UPID
US63-6256647
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Leslie Kang · 2 yrs held
Leslie Kang
since 2023
Last sale
$290,000
7 recorded transactions
Zoning & alternative use
R5D · Rockaway Park, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rockaway Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockaway Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$24,979
Tax year 2024
Assessed value
$223,200
Assessed 2024
Previous assessed
$193,140
+15.6% YoY
Effective rate
11.19%
On assessed value
Assessed land
$146,700
Assessed improvement
$76,500
Land market value
$326,000
Improvement market value
$170,000
Total market value
$496,000
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1929
Heating
NONE
Buildings
1
Stories
1
Units
16
Total area
5,600 SF
Lot
0.3 ac (13,041 SF)
Zoning code
R5D
APN
16173-0028
UPID
US63-6256647
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5D · Rockaway Park, NY
Zoning R5D · permitted uses
R5D · Rockaway Park, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockaway Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Heating
NONE
Stories
1
Buildings
1
Units
16
Lot
0.3 ac
Current owner
From public records · entity-resolved
Leslie Kang
Individual
Free & Clear · 2 yrs held
Mailing address
7006 BCH FRNT RD, ARVERNE, NY 11692-2029
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2023
$290,000
Leslie Kang
Andreas Thomson
Deed
—
Dec 23, 2022
$309,000
Michael Sito
B101, LLC
Deed
—
Nov 2, 2022
$309,000
Michael Sito
B101, LLC
Deed
—
Jul 7, 2022
$280,000
Andreas Thomson
Little Casa LLC
Deed
—
May 19, 2022
$240,000
Lindsey Weber
Freelin E Hummel
Deed
—
Mar 17, 2022
$290,000
Heather Walsh
Peggy Grennan
Deed
$90,000 · Grennan, Peggy
Mar 9, 2022
$276,500
Sanddollar Properties, LLC
Mark Evans
Deed
—
Nov 5, 2021
$240,000
Little Casa LLC
Freelin Hummel
Deed
—
Apr 19, 2021
$320,000
Heather Walsh
Jane Walsh
Intrafamily Transfer
related
—
Jul 23, 2020
—
Timothy Klimowicz
Timothy Klimowicz
Quit Claim Deed
related
—
Apr 23, 2020
$235,000
Timothy Klimowicz
Larry N Cooley
Grant Deed
—
Sep 24, 2019
$300,000
Peggy Grennan
Walsh,jane
Grant Deed
$165,000 · Jane Walsh
Feb 13, 2019
$220,000
Mark Evans
Cooley,larry N
Grant Deed
—
Oct 3, 2018
$180,100
B101 LLC
Regan,patrick & Tracy
Grant Deed
—
Jun 22, 2015
$390,000
B101 LLC
Dortenzio Salvatore
Grant Deed
—
May 11, 2015
$105,000
David Madden
Dortenzio Salvatore
Grant Deed
—
Mar 27, 2015
$105,000
Patrick Regan
Dortenzio Salvatore
Grant Deed
—
Mar 27, 2015
$155,000
Beach 101 LLC
Dortenzio Salvatore
Grant Deed
—
Jan 27, 2014
—
Francis S Durney
Durney,james F & Patricia
Quit Claim Deed
—
May 30, 2006
$110,000
Salvatore Dortenzio
Barry,anne M & James M
Grant Deed
$100,000 · Anne M Barry
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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