NOT LISTED FOR SALE

2946 Falcon Ave Far Rockaway, NY 11691

Far Rockaway Neighborhood

Estimated Value: $761,000 - $920,000

-- Bed
3 Baths
1,980 Sq Ft
$410/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $625,000 $316 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,649/month

91 Days on Market

About This Home

As of November 2020

Welcome to 2946 Falcon Ave. This spacious two family is located in a QUALIFIED OPPORTUNITY ZONE, on a great block only steps away from Baywater park. At approximately 2100 square feet this property offers a private garage, private driveway fitting up to 4 cars and sits on a huge 41.5 X 100 lot. The property is currently configured as a 3-bedroom 2 bath over a 2-bedroom 1 bath rental apartment. The top floor unit has such features as hardwood floors throughout, a tastefully designed open eat in kitchen, a formal dining and living room, spacious closets in each bedroom and an abundance of natural sunlight flowing through the home. This home has so much to offer its new owners. The rental apartment is a large 2-bedroom 1 bath apartment with plenty of storage and closet space. One of the storage rooms can easily be utilized as a home office. The impressive backyard provides you with a vast amount of space to host some awesome BBQs, let the dogs and kids tire themselves out or just host family and friends. The property is near the A train at beach 25 or beach 36 and the Q 22 bus. This property truly offers it all; surrounded by shopping, restaurants, Green Acres five Town Mall. Not to forget the beach and boardwalk. This property really is extraordinary.

Last Agent to Sell the Property

Bryan Ecock

Douglas Elliman Real Estate License #10301215997 Listed on: 05/20/2020

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,789

Lot Details

  • 4,150

Home Design

Interior Spaces

  • 2-Story Property

Community Details

  • 2 Units
  • Frkwy Subdivision

Listing and Financial Details

  • Legal Lot and Block 150 / 15742

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,789

Lot Details

0

Listing Details

  • Cross Street: Harman Ln
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: FRKWY
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2

Tax Info

  • Tax Block: 15742
  • Tax Lot: 150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Kates-Jolly Petrona and Wray Ryan
Bought by
Lawrence Rashader
Current Estimated Value
$812,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,872
Outstanding Balance
$743,310
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$68,789

Purchase Details

Listed on
May 20, 2020
Closed on
Nov 12, 2020
Sold by
Nozart Jean
Bought by
Kates-Jolly Petrona and Wray Ryan
Seller's Agent
Bryan Ecock
Douglas Elliman Real Estate
List Price
$640,000
Sold Price
$625,000
Premium/Discount to List
-$15,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$623,498
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2014
Sold by
Corbin Surviving Joint Tenant Tessa and Dawes Surviving Joint Tenant Michael A
Bought by
Nozart Jean and Nozart Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.16%
Mortgage Type
New Conventional
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
Lawrence Rashader $780,000 --
Kates-Jolly Petrona $635,000 --
Nozart Jean $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Rashader $765,872
Previous Owner Kates-Jolly Petrona $623,498
Previous Owner Nozart Jean $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $625,000 -- --
11/16/2020 11/16/20 Sold $625,000 -2.3% $316 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $640,000 -- $323 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $4,789 $23,846 $4,179 $19,667
2024 $3,878 $23,846 $4,377 $19,469
2023 $4,753 $23,666 $3,708 $19,958
2022 $3,545 $43,380 $8,160 $35,220
2021 $4,433 $37,260 $8,160 $29,100
2020 $3,910 $33,720 $8,160 $25,560
2019 $3,864 $37,140 $8,160 $28,980
2018 $3,723 $19,722 $5,756 $13,966
2017 $3,493 $18,606 $5,021 $13,585
2016 $3,199 $18,606 $5,021 $13,585
2015 $2,500 $16,560 $6,780 $9,780
2014 $2,500 $16,560 $6,780 $9,780
Source: Public Records

Agents Affiliated with this Home

  • Bryan Ecock

    Seller's Agent in 2020

    Bryan Ecock

    Douglas Elliman Real Estate

    (347) 408-7191

    1 in this area

    46 Total Sales

    Bryan Ecock
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10633903

Real Estate Board of New York (REBNY)

APN: 15742-0166

New York Queens County Far Rockaway 11691 Far Rockaway

2946 Falcon Ave, Far Rockaway, NY

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