Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

12220 Ocean Promenade Far Rockaway, NY 11694

OFF-MARKET
Apartment buildings
Property ID
US63-1125718
64,920 SF 0.39 ac lot Built 1932
Last sale Jan 2020 · $14,500,000
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.
Saved · see the list in your Dashboard
Market Trends Soon

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 · 2024

What does the county charge?
$255k
Tax billed · 2024
Assessed value$2.28M
Assessed land$199k
Assessed improvement$2.08M
Effective rate11.16%

Value estimate

· Oct 2026
$8.32M
$7.48M – $9.15M
AI approach$8.59M
Submarket $/SF estimate$8.45M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$179/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$88 – $268
Qualifying comparables6

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?
R7A
This district is designed to supports medium to high density housing, particularly in areas well served by public transportation and comm...
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 Firm14.9
Wholesale Shop11.5
Parking Facility11.3

Location

12220 Ocean Promenade Far Rockaway, NY 11694-1867
County assessor Recorded deeds · 7 transfers 6 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10003 Rockaway Bch, Rockaway Park, NY 11694 $290,000 Nov 2023 5,600 SF
172 Bch 109th, Far Rockaway, NY 11694-2552 $340,000 Oct 2022 5,040 SF
223 Bch 101st, Far Rockaway, NY 11694 $5,850,000 Sep 2022 24,705 SF
192 Bch 102nd, Far Rockaway, NY 11694-2747 $3,800,000 Sep 2022 23,617 SF
320 Bch 101st, Far Rockaway, NY 11694-2832 $180,000 Jun 2021 17,896 SF
131 Bch 119th, Far Rockaway, NY 11694-3208 $3,000,000 Oct 2020 35,159 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12220 Ocean Promenade?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again