NOT LISTED FOR SALE

Estimated Value: $629,000 - $1,043,000

5 Beds
2.5 Baths
1,544 Sq Ft
$506/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $600,000 $389 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,710/month

Highlights

  • Ceramic Tile Flooring
  • Baseboard Heating
  • Back Yard

About This Home

As of November 2023

2 family on beach block in Rockaway Beach available now. Just 5 houses from the newly renovated boardwalk and Atlantic ocean. This booming section of Rockaway is centrally located near the new NYC ferry landing, the A train and express bus to Manhattan. Close to surfing beach, hip restaurants and shops. New roof and siding, 2 new on demand boilers and electrical panels. Could use some TLC. Zoned R5A with a 1.1 FAR. Zoned as SRO used as 2, owner has approved plans for buyer to file for conversion if desired. Live by the beach with the ease of city living!

Last Agent to Sell the Property

Melissa Carrington

RE/MAX Elite License #10491209088 Listed on: 07/17/2023

RE/MAX Elite

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,422

Year Built

  • Built in 1910

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30
  • Back Yard

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Cellar

Parking

  • 2 Parking Spaces
  • Carport

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Block 16187

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,422

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Basement Amenities: Cellar
  • Beds Total Level1: 3
  • Beds Total Level2: 2
  • Borough: Queens
  • Confirmed By M L S Y N: Yes
  • Cross Street: Rockaway Beach Blvd
  • Cross Street Name2: Ocean Promenade
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Number Of Available Units: 1
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Street Name I D X: Beach 114th
  • Street Number I D X: 171
  • Building Style: Other
  • Waterfront Present: No
  • Withdrawal Type: Withdrawal of Property
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpeting, Ceramic, Laminate
  • Lot Sq Ft: 3000
  • Total Rooms: 9

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation Details: Block
  • Lot Number: 21
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: 100 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 30
  • Zoning: R5A

Tax Info

  • Flip Tax Amount: 5422.00

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Nov 13, 2023
Sold by
Rockaway Beach One Llc
Bought by
171 Beach 114Th Llc
Seller's Agent
Melissa Carrington
RE/MAX Elite
Buyer's Agent
NON MEMBER
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%
Views
191
Current Estimated Value
$780,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,763
Avg. Annual Appreciation
12.60%
Original Mortgage
$27,000
Outstanding Balance
$26,619
Interest Rate
7.79%
Mortgage Type
Unknown
Estimated Equity
$713,665

Purchase Details

Closed on
Sep 24, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Rockaway Beach One Llc

Purchase Details

Closed on
Jan 30, 2009
Sold by
Paul A Vallone Esq Referee
Bought by
Capacity As Indenture Trustee For The No and Delaware Statutory Trust

Purchase Details

Closed on
Jul 3, 2007
Sold by
Debnath Krishna D
Bought by
Abedin Zainul and Debnath Krishna D

Purchase Details

Closed on
Apr 8, 2005
Sold by
The Secretary Of Housing And Urban Devel and % First Preston Foreclosure Specialists
Bought by
Debnath Krishna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
5.87%

Purchase Details

Closed on
Jun 16, 2003
Sold by
Washington Mutual Bank
Bought by
Secretary Of Urban Housing And Developme

Purchase Details

Closed on
Jan 27, 2003
Sold by
Cohen David L Ref
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Nov 17, 2000
Sold by
Tomaselli Elizabeth and Saar Paul
Bought by
Mundle Wilberforce and Reid Angella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,700
Interest Rate
7.69%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 1999
Sold by
Oconnor Dolores
Bought by
Tomaselli Elizabeth and Saar Paul
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
171 Beach 114Th Llc $640,000 --
171 Beach 114Th Llc $640,000 --
Rockaway Beach One Llc $140,000 --
Rockaway Beach One Llc $140,000 --
Capacity As Indenture Trustee For The No $389,972 --
Capacity As Indenture Trustee For The No $389,972 --
Abedin Zainul -- --
Abedin Zainul -- --
Debnath Krishna D $430,901 --
Debnath Krishna D $430,901 --
Secretary Of Urban Housing And Developme -- --
Secretary Of Urban Housing And Developme -- --
Washington Mutual Bank Fa $248,500 --
Washington Mutual Bank Fa $248,500 --
Mundle Wilberforce $216,500 First American Title Ins Co
Mundle Wilberforce $216,500 First American Title Ins Co
Tomaselli Elizabeth $84,000 First American Title Ins Co
Tomaselli Elizabeth $84,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 171 Beach 114Th Llc $27,000
Open 171 Beach 114Th Llc $603,000
Closed 171 Beach 114Th Llc $603,000
Previous Owner Debnath Krishna D $166,000
Previous Owner Debnath Krishna D $86,000
Previous Owner Debnath Krishna D $344,000
Previous Owner Mundle Wilberforce $214,700
Previous Owner Tomaselli Elizabeth $108,500
Closed Washington Mutual Bank Fa $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $600,000 -14.2% $389 / Sq Ft
09/18/2023 09/18/23 For Sale $699,000 +16.5% $453 / Sq Ft
08/22/2023 08/22/23 Off Market $600,000 -- --
07/17/2023 07/17/23 For Sale $699,000 -- $453 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,469 $28,518 $8,442 $20,076
2024 $5,469 $27,228 $8,519 $18,709
2023 $5,362 $26,699 $7,054 $19,645
2022 $5,115 $49,860 $12,540 $37,320
2021 $5,001 $41,340 $12,540 $28,800
2020 $5,030 $45,420 $12,540 $32,880
2019 $4,747 $39,900 $12,540 $27,360
2018 $4,535 $22,249 $9,936 $12,313
2017 $4,279 $20,990 $9,925 $11,065
2016 $3,959 $20,990 $9,925 $11,065
2015 $2,169 $19,804 $10,162 $9,642
2014 $2,169 $18,909 $9,702 $9,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 475531

Brooklyn Board of REALTORS®

APN: 16187-0021