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Financial
Distress signals
Property profile

73-17 Beach Channel Dr Arverne, NY 11692

FOR LEASE
Retail space
Property ID
US63-2328818
4,315 SF 0.1 ac lot Built 2020
Last sale Feb 2013 · $585,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 4,000-square-foot ground-floor commercial space with wraparound storefront frontage, including floor-to-ceiling glass windows designed for street-level visibility and signage. The space is ADA compliant with ground-floor access and includes plumbing already installed, with the interior delivered in a vanilla box/shell condition. The property is situated in a beach neighborhood that typically sees increased pedestrian and vehicle activity during spring and summer, near major public transit…

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?
$42k
Tax billed · 2024
Assessed value$392k
Assessed land$69k
Assessed improvement$323k
Effective rate10.59%

Value estimate

· Oct 2026
$540k
$486k – $594k
AI approach$585k
Submarket $/SF estimate$602k

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$452/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$254 – $585
Qualifying comparables21

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?
M1-1
This district is designed for a wide range of manufacturing and related uses which can conform to a high level of performance standards
General categoryINDUSTRIAL
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 Firm29.3
Realty agency22.7
Parking Facility14.2

Location

73-17 Beach Channel Dr Arverne, NY 11692
County assessor Recorded deeds · 3 transfers 21 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 · 10 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
515 Bch 72nd, Far Rockaway, NY 11692-1128 $185,000 Jul 2025 1,860 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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