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Financial
Distress signals
Property profile

187 Bch 115th St Far Rockaway, NY 11694

OFF-MARKET
Residential income homes
Property ID
US63-3963282
8,650 SF 0.14 ac lot Built 1929
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 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. 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?
$47k
Tax billed · 2024
Assessed value$375k
Assessed land$95k
Assessed improvement$280k
Effective rate12.50%

Value estimate

· Oct 2026
$370k
$333k – $407k
Submarket $/SF estimate$1.39M

Realmo valuation models over county records and 11 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 comparables11

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?
R5B
Where the designated district is an M1-2/R5B District, the provisions of paragraph (c) of Section 25-631 (Location and width of curb cuts...
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 Firm17.9
Parking Facility11.3
Realty agency10.7

Location

187 Bch 115th St Far Rockaway, NY 11694-2409
County assessor Recorded deeds · 3 transfers 11 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
174 Bch 120th, Far Rockaway, NY 11694-1955 $535,000 Jun 2025 2,856 SF
179 Bch 108th, Far Rockaway, NY 11694-2501 $380,250 Apr 2024 6,500 SF
157 Bch 122nd, Far Rockaway, NY 11694-1802 $1,100,000 Jan 2023 3,937 SF
175 Bch 114th, Far Rockaway, NY 11694-2406 $617,382 May 2022 6,968 SF
176 Bch 119th, Far Rockaway, NY 11694-1953 $550,000 May 2019 2,496 SF
150 Bch 128th, Far Rockaway, NY 11694-1638 $1,750,000 Mar 2019 4,150 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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