$1,125,000
SOLD MAY 8, 2025

306 Beach 68th St Arverne, NY 11692

Arverne Neighborhood
0.26 Acre
$4,395,067 Price per Acre
11,150 Sq Ft Lot

Recently Sold

$305 Per Sq Ft

10% Below List Price

Highlights

  • 11,150 Sq Ft lot
  • 1-Story Property
  • 1-minute walk to Beach 67 Street

About This Lot

As of May 2025

Welcome to Arverne in Far Rockaway, Queens, where this exceptional property spans lots 24 and 73, featuring a 200-foot frontage and 59-foot depth along Beach 67th and Beach 68th Streets. We are seeking an investor or developer with innovative ideas for this prime location. Potential uses for the property (subject to architectural review) include residential development with approximately 15,000 buildable square feet or community facility usage with up to 24,000 buildable square feet.With the ongoing development of Arverne by the Sea just around the corner, including new rentals, commercial stores, and restaurants, the area is in high demand for affordable housing or community facilities such as medical centers or schools. The property is currently zoned R5/R5A, but with the NYC YES program and its proximity to public transportation, there’s potential for an increased FAR (Floor Area Ratio)Feel free to drive by and contact your agent for more details.

Last Agent to Sell the Property

Joseph DeVito

BHHS Fillmore R.E. Listed on: 10/14/2024

BHHS Fillmore R.E.

Last Buyer's Agent

Joseph DeVito

BHHS Fillmore R.E. Listed on: 10/14/2024

BHHS Fillmore R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,300

Year Built

  • Built in 2003

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 200 x 59
  • Irregular Lot
  • Property is zoned R5A

Interior Spaces

  • 3,689 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Tax Block 15915

Property Details

Property Type

Land

Est. Annual Taxes

$8,300

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Borough: Queens
  • Building Footprint Sq Ft: 2350
  • Building Length: 47.00
  • Building Width: 50.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Beach 67th St
  • Property Sub Type: Land
  • Prop. Type: Land
  • Fill Sq Ft Total: 3689
  • Building Stories: 1
  • Street Name I D X: Beach 68th
  • Street Number I D X: 306
  • Year Built: 2003
  • Special Features: None
  • Stories: 1

Interior Features

  • Lot Sq Ft: 11150

Exterior Features

  • Lot Number: 24
  • Road Frontage: 60

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 200
  • Lot Size Width: 59
  • Zoning: R5A

Tax Info

  • Flip Tax Amount: 8300.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2010
Sold by
Kostelanetz Richard
Bought by
Wordship Rockaway Llc
Total Days on Market
0
Current Estimated Value
$1,192,905

Purchase Details

Closed on
Jul 23, 2001
Sold by
Alkaifi Abdo H
Bought by
Kostelanetz Richard
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 Type Sale Price Title Company
Deed -- --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Sold $1,125,000 -10.0% $305 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $1,250,000 -- $339 / Sq Ft
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 $7,132 $35,510 $7,334 $28,176
2024 $7,132 $35,510 $8,788 $26,722
2023 $7,079 $35,243 $9,053 $26,190
2022 $6,637 $48,120 $11,760 $36,360
2021 $6,601 $39,900 $11,760 $28,140
2020 $6,264 $43,860 $11,760 $32,100
2019 $6,190 $38,700 $11,760 $26,940
2018 $5,987 $29,369 $11,221 $18,148
2017 $5,648 $27,707 $10,586 $17,121
2016 $5,225 $27,707 $10,586 $17,121
2015 $3,932 $24,660 $9,780 $14,880
2014 $3,932 $24,660 $9,780 $14,880
Source: Public Records

Agents Affiliated with this Home

  • Joseph DeVito

    Seller's Agent in 2025

    Joseph DeVito

    BHHS Fillmore R.E.

    (917) 804-5166

    1 in this area

    38 Total Sales

    Joseph DeVito
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 486760

Brooklyn Board of REALTORS®

APN: 15915-0024

New York Queens County Arverne 11692 Arverne

306 Beach 68th St, Arverne, NY

This home is located at 306 Beach 68th St, Arverne, NY 11692 and is currently priced at $1,125,000, approximately $304 per square foot. This property was built in 2003. 306 Beach 68th St is a home located in Queens County with nearby schools including P.S. 183 Dr Richard R Green and St Rose of Lima Catholic Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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