Property profile

1021 Bch 21st St Far Rockaway, NY 11691

OFF-MARKET
Hotels
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Property ID
US63-4356727
31,800 SF 0.29 ac Built 2017
Last sale Nov 2017·$500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a dual-branded hotel featuring 146 keys, located in Far Rockaway, New York, with a total building area of 53,868 square feet. It was constructed to operate as a combination of Wingate by Wyndham and a former Best Western-branded facility. The hotel has been leased to the City of New York for its Sanctuary housing program, and it has a 25-year tax abatement that began in January 2020. The site is located near major transportation access points, including proximity to JFK Airport,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$334k
Tax billed · 2024
Assessed value$3.58M
Assessed land$189k
Assessed improvement$3.40M
Effective rate9.31%

Value estimate

· Nov 2026
$545k
$491k – $600k
AI approach$435k
Submarket $/SF estimate$654k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
R6
This district focuses on medium density housing in areas with higher accessibility to transportation and community services, allowing for...
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 Firm39.7
Realty agency39.5
Skin Care Clinic15.7

Location

1021 Bch 21st St Far Rockaway, NY 11691-3304
County assessor Recorded deeds · 9 transfers 7 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

1 recorded sale · 3 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
1074 Bch 22nd, Far Rockaway, NY 11691-3303 $6,500,000 Oct 2020 21,339 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
3 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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