NOT LISTED FOR SALE

306 Beach 68th St Arverne, NY 11692

Arverne Neighborhood

Estimated Value: $736,000 - $1,204,000

0.26 Acre
$3,697,419 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. 16% decrease in value since last sale

Current estimated payment $5,701 / 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.

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
Bought by
Current Estimated Value
$946,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,480,000
Outstanding Balance
$3,463,061
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$2,516,637

Purchase Details

Listed on
Oct 14, 2024
Closed on
May 8, 2025
Sold by
Bought by
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
-14.79%

Purchase Details

Closed on
Dec 23, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 23, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 --
$1,125,000 Fidelity National Title Insura
-- --
-- --
-- --
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 $3,480,000
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

    Seller's Agent in 2025

    Joseph DeVito

    BHHS Fillmore R.E.

    (917) 804-5166

    1 in this area

    40 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

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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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