| Primary address | 1-66 Beach 116 Street |
| Secondary address | 1 Beach 116 St |
| Neighborhood | Rockaway Park |
| Zip code | 11694 |
| Borough | Queens |
| Block & lot | 16188-0070 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 11/14/2012 |
| Purchase price | $100,000 |
| Tax class | Register |
| Estimated property tax | $26,145 |
| Lot sqft | 5,100 |
| Lot dimensions | |
| Building class | Factory - Light Manufacturing (F5) |
| Building sqft | 7,350 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 3 |
| Year built | 1929 |
| Zoning | Register |
| Commercial units | 1 |
| School district | 27 |
| Community district | 14 |
| Closest police station | 1.14 Miles |
| Closest fire station | 0.13 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Factory - Light Manufacturing (F5) located at 1-66 Beach 116 Street, Rockaway Park, NY 11694 has a total of 7,350 square feet and a current price per square foot of $13.
What is the year built & the current market value of 1-66 Beach 116 Street, Rockaway Park, NY 11694?1-66 Beach 116 Street, Rockaway Park, NY 11694 was built in 1929 and has a current tax assessor's market value of $542,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease. There are 1 active listings at this address.
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| Listing type | For Sale |
|---|---|
| Listing date | 11/24/2025 |
| Last updated | 05/14/2026 |
Exceptional investment and redevelopment opportunity for a three-story hospitality asset located in the core of the Rockaways. The property is positioned on Beach 116th Street, providing immediate, direct access to the oceanfront and the newly enhanced Rockaway Boardwalk. The existing structure, previously operated as a hotel, features a substantial infrastructure including 38 guest rooms and a dedicated caretaker or management apartment. The site is governed by flexible R7A/C1-3 zoning, facilitating multiple paths for value creation, including: the rehabilitation and re-establishment of a boutique hotel, conversion to market-rate residential units (rental or condominium), or a strategic mixed-use configuration. Its location is complemented by superior transit infrastructure, situated adjacent to the A train terminus (Rockaway Park-Beach 116 Street) and the NYC Ferry dock, ensuring high connectivity to Manhattan and the outer boroughs. This offering represents a rare opportunity to capture significant upside in a growing coastal New York City submarket. * Substantial Existing Asset: The three-story, 14,025 square foot structure provides a significant shell for redevelopment. It comes with a previous Certificate of Occupancy (C/O) for 38 Class B units (hotel rooms) and one Class A, five-bedroom apartment, simplifying the blueprint for re-entry into the hospitality or housing markets. * Prime Beach Block Location: The property is situated just steps from the Rockaway Boardwalk and the ocean, offering a high-demand coastal location that drives seasonal tourism and year-round residential appeal. It features approximately 60 feet of direct street frontage on the main commercial corridor, Beach 116th Street. * High Market Demand Potential: The property is well-suited for multiple high-yield scenarios, including leveraging City programs such as FHEPS for transitional housing, which can provide potential for a high-grossing operation (estimates suggest over $70,000 monthly when operational, based on comparable market rates). The property will be delivered fully vacant, providing a clean slate for the buyer's chosen strategy. * Transit-Oriented Development (TOD) Opportunity: The site boasts excellent public transit accessibility, positioned one block from the A train subway terminal (Rockaway Park-Beach 116 Street) and within short proximity to the high-demand NYC Ferry service to Lower Manhattan. This connectivity supports year-round commuter tenancy and weekend visitor traffic.
Create a free account to view the complete sales history for 1-66 Beach 116 Street, Rockaway Park, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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R: Recorded date
D: Document date
Access detailed property tax data for 1-66 Beach 116 Street, Rockaway Park, NY 11694. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $24,857 |
| Estimated property tax: | $26,145 |
| Tax assessor's market value: | $542,000 |
| Assessed value: | $243,900 |
Here's the assessment & property tax history for 1-66 Beach 116 Street, Rockaway Park, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $542,000 | $243,900 | $229,140 | 10.848% | $24,857 | $24,857 | +1.00% |
| 2024/25 | $536,000 | $241,200 | $228,690 | 10.762% | $24,612 | $24,612 | +3.11% |
| 2023/24 | $533,000 | $239,850 | $225,360 | 10.592% | $23,870 | $23,870 | +1.15% |
| 2022/23 | $510,000 | $229,500 | $221,670 | 10.646% | $23,599 | $23,599 | +14.73% |
| 2021/22 | $425,000 | $191,250 | $191,250 | 10.755% | $20,569 | $20,569 | -11.10% |
The complete history of permits filed for 1-66 Beach 116 Street, Rockaway Park, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Queens so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Queens and compare it to other boroughs in New York City.
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| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 1 (See more on map) |
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Distance to Subway
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| Closest station | Beach 116th St & Wainwright CT at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | H | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.105 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Rockaway Beach BL/B 115 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.052 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 1-66 Beach 116 Street, Rockaway Park, NY 11694.