See Home Value
$425,346*
Land - Off Market

221 Beach 87th Street

Rockaway Beach, NY 11693
bedrooms
Studio
bathrooms
0 Bath
$377,000 - $459,000
Reference Base Price*
1.76%
Since Jul 1, 2023
NY-New York
Primary Model
Transfer

About This Property

Turn your beach dreams into a reality! Available is a super rare, 54' x 100' lot, with an existing cinderblock structure that can be turned in to whatever your heart desires. This unique property once included a beautiful Queen Anne front house, with a two-story guest/carriage house in the rear. Today, all that remains is the foundation of the rear structure (see historic photos). Perhaps this is an opportunity for a motivated buyer to restore this land to its former glory?    The lot is located just one block from the subway station, two blocks from the ocean and just up the street from coffee shops and a grocery/shopping center. At 54' x 100', the lot can also be subdivided, which can offer a buyer the possibility to build a dream home on one half and resell the second half. Anyone who is looking to buy in Rockaway knows that Rockaway Beach (11693) is the prime area in which to build and invest. Scarcity of homes and land are pushing buyers to less-desirable neighborhoods, but this is a fleeting opportunity to buy one of the last large, buildable, lots in the prime 11693 zip code.     Build two, two family homes? Build a mega one family beach house? Subdivide, build on one side and sell the other half, majorly reducing your costs? Demolish the rear structure and create a Bohemian surf oasis? Park some RVs or container homes and create an AirBnB profit making machine? Whatever your brain can conjure up, the possibilities are endless with a property of this size, nestled directly in the heart of Rockaway Beach.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$625
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
Jun 15, 2023 Sold to 221 Beach 87 Llc $367,500
Sold to 221 Beach 87 Llc
Jun 9, 2023 No longer available -
No longer available
Oct 6, 2022 Relisted $418,000
Relisted
Jun 9, 2022 No longer available -
No longer available
Mar 30, 2022 Price Decreased $418,000
↓ $432K (50.8%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1910
  • Building Count: 1
  • Floor Count: 1
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 5,419
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 54
  • Building Depth: 53
  • Building Frontage: 35
  • Gross Building Area: 3,710

    Building Floor Area

  • Residential Building Floor Area: 1,855
  • Commercial Building Floor Area: 1,855
  • Factory Building Floor Area: 1,855

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: E9
  • Lot Type: 5
  • Land Use: 06
  • Irregular Lot Code: N

Neighborhood

  • Community District: 414
  • City Council District: 32
  • Police Precinct: 100
  • Fire Company: E266
  • Health Area: 3700
  • Sanitation District Borough: 4
  • Sanitation Subsection: 2C
  • School District: 27

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R4-1

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 16121
  • Lot: 133
  • Borough Block Lot: 4161210133

    Address

  • Full Address: 2-21 Beach 87 Street
  • Zip Code: 11693

Valuation

    Assessments Valuation

  • Assessed Total Value: $69,300
  • Assessed Land Value: $59,850

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
2 Baths
-
$430,000 Aug 27, 2020
$430,000 Nov 25, 2020
$379/mo
Condo
2 Beds
2 Baths
-
$439,000 Feb 18, 2020
$439,000 May 14, 2020
$730/mo
House
2 Beds
1 Bath
-
$379,500 Feb 15, 2020
$379,500 Jul 10, 2020
$190/mo
Multifamily
3 Beds
2 Baths
-
$351,000 Jun 26, 2020
$351,000 Oct 22, 2020
$357/mo
Multifamily
4 Beds
2 Baths
-
$440,000 Jul 8, 2019
$440,000 Nov 25, 2019
$483/mo
Condo
2 Beds
1 Bath
-
$399,000 Jan 19, 2023
-
$929/mo
Condo
2 Beds
1 Bath
864 ft²
$411/ft²
$355,000 Mar 25, 2022
-
$950/mo
Condo
2 Beds
1 Bath
-
$354,999 Sep 1, 2022
-
$968/mo
Condo
1 Bed
1 Bath
-
$349,000 Nov 14, 2022
-
$627/mo

About Rockaway Peninsula


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Nearby Rentals

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Frequently Asked Questions

When was property at 221 Beach 87th Street built and last sold?
The property at 221 Beach 87th Street was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 221 Beach 87th Street is $422,180.
What are some comparable homes to 221 Beach 87th Street?
There are currently no comparable homes to 221 Beach 87th Street.

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