NOT LISTED FOR SALE

306 Beach 68th St Arverne, NY 11692

Arverne Neighborhood

Estimated Value: $968,882

0.26 Acre
$3,785,157 Price per Acre
11,150 Sq Ft Lot

Sale Details

Date Sold: May 8, 2025

Last sale price $1,125,000 $305 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $6,064 / mo

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.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,300

Year Built

  • Built in 2003

Lot Details

  • 11,150 Sq Ft 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

0.26 Acres

Listing Details

  • Borough: Queens
  • 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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2025
Sold by
Beach 67 Gardens Llc
Bought by
Current Estimated Value
$968,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Outstanding Balance
$565,526
Interest Rate
6.17%
Mortgage Type
Unknown
Estimated Equity
$403,356

Purchase Details

Listed on
Oct 14, 2024
Closed on
May 8, 2025
Sold by
Wordship Rockaway Llc
Bought by
Beach 67 Gardens Llc
Seller's Agent
Joseph DeVito
BHHS Fillmore R.E.
Buyer's Agent
Joseph DeVito
BHHS Fillmore R.E.
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.40%

Purchase Details

Closed on
Dec 23, 2010
Sold by
Kostelanetz Richard
Bought by
Wordship Rockaway Llc

Purchase Details

Closed on
Jul 23, 2001
Sold by
Alkaifi Abdo
Bought by
Kostelanetz Richard
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Arverne, NY

  • Marjorie Tornatore Real Estate Agent - Compass Greater NY LLC

    Marjorie Tornatore

    Compass Greater NY LLC

    (888) 841-8509

    34 Total Sales

    1 in Arverne

    $899,000 Price

    Marjorie Tornatore
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  • Cheryl Rosenthal Real Estate Agent - Realty Trends Corp

    Cheryl Rosenthal

    Responds Quickly

    Realty Trends Corp

    (516) 518-7267

    161 Total Sales

    2 in Arverne

    $975K - $1.2M Price Range

    Cheryl Rosenthal
     Section Image
  • Rossy Ceron Real Estate Agent - Century Homes Realty Group LLC

    Rossy Ceron

    Century Homes Realty Group LLC

    (646) 362-9126

    13 Total Sales

    1 in Arverne

    $555,000 Price

    Rossy Ceron
     Section Image
  • Louisa Borriello Real Estate Agent - Charles Rutenberg Realty Inc

    Louisa Borriello

    Responds Quickly

    Charles Rutenberg Realty Inc

    (516) 874-2292

    24 Total Sales

    1 in Arverne

    $999,990 Price

    Louisa Borriello
     Section Image
  • Gabriel Kashi Real Estate Agent - KEYSTONE REALTY USA CORP

    Gabriel Kashi

    KEYSTONE REALTY USA CORP

    (347) 658-5258

    407 Total Sales

    5 in Arverne

    $649K - $977K Price Range

    Gabriel Kashi
     Section Image
  • Gregory Valvo Real Estate Agent - Revived Residential

    Gregory Valvo

    Revived Residential

    (914) 775-7428

    63 Total Sales

    3 in Arverne

    $549,000 Price Range

    Gregory Valvo
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$825,000 --
Beach 67 Gardens Llc $1,125,000 Fidelity National Title Insura
Wordship Rockaway Llc -- --
Kostelanetz Richard -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $570,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,132 $11,760 $37,641
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 Real Estate Agent - BHHS Fillmore R.E.

    Seller's Agent in 2025

    Joseph DeVito

    BHHS Fillmore R.E.

    (917) 804-5166

    1 in this area

    43 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 New York 11692 Arverne

306 Beach 68th St, New York, NY

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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