301 Bch 54thFar Rockaway, NY 11692

  • Residential income properties
  • 358,140 SF
Off market
$16,043,693 Estimated

Property Details for 301 Bch 54th

Year built
1964
Lot size
8.13 AC
Property size (Sq ft)
358,140 SF
Zone code
R5
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
15892-0001
APU
158920001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $73,421,936
    6.5%
    $67,774,096
    7%
    $62,933,088
  • Comparable approach

    Method
    Valuation
    Relative Method
    $72,531,584
    Geo Method
    $72,531,584
  • Alternative Use

    Use
    Valuation
    Residential
    $67,774,096
    Hospitality
    $62,080,708
    Educational
    $51,650,420
    Medical
    $53,426,756
    Retail
    $80,345,096
301 Bch 54th, Far Rockaway, New York

Location Insight

City
Far Rockaway
County
Queens
State
New York
Latitude
40.5937
Longitude
-73.7853
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $9,274,050
  • Assessed land value
    $3,985,200
  • Assessed value
    $13,259,250
  • Tax year
    2024

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