New York City » 11691 » Oak Dr » 555 Oak Dr

5-55 Oak Drive, Far Rockaway, NY 11691 - Property report

Also known as: 5-55 Oak Dr

Property image for 5-55 Oak Drive, Far Rockaway, NY 11691

Property type

Large Suburban Residence (A3)

Year built

1950

Lot sq. ft.

7,209

Sale price

$2,730,000

General information

Address

Primary address

5-55 Oak Drive

ZIP code

11691

Neighborhood

Far Rockaway

Borough

Queens

Block & lot

15586-0010

Building

Property type

Large Suburban Residence (A3)

Building sq. ft.

3,467

Building dimensions

42.5 ft x 42.33 ft

Buildings on lot

Stories

Year built

1950

Last altered

1999

Building material

Frame

Exterior wall

Combination

Basement

Garage type

Attached Garage

Sales

Sale date

05/31/2024

Sale price

$2,730,000

Tax

Tax year

2026-2027

Property tax

$13,085

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Lot

Frontage(s)

Oak Drive (narrow)
Cedar Hill Road (narrow)

Nearest wide street

Reads Lane

Distance to wide street

Lot dimensions

75 ft x 100 ft

Lot sq. ft.

7,209

Area overview

Walk score

48 /100. Car-Dependent

Transit score

57 /100. Good Transit

Bike score

65 /100. Bikeable

School district

Community district

Closest police station

0.49 Miles

Closest fire station

0.71 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 5-55 Oak Drive, Far Rockaway, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 5-55 Oak Drive, Far Rockaway, NY 11691

Sale date	Sale price	Buyer name	Seller name
05/31/2024	$2,730,000	XXXXXX, XXXXXX XXX XXX XXXXXX, XXXX XXXXX	XXXXX, XXXXX XXX XXXXX, XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/25/2024 - R 06/18/2024 - D	Satisfaction of Mortgage (2024061900001001)	XXXXX XXXXX	XXXX XX XXXXXXX X X
06/24/2024 - R 06/17/2024 - D	Satisfaction of Mortgage (2024061801094001)	XXXXX XXXXX	XXXXXXXX XXXXXXXX XXX
06/17/2024 - R 05/31/2024 - D	Deed (2024060400276001)	XXXXX XXXXX	XXXXXX XXXXXX XXX
05/15/2019 - R 05/14/2019 - D	Satisfaction of Mortgage (2019051401294001)	XXXXX XXXXX	XXXX XX XXXXXXX X X
05/06/2019 - R 04/23/2019 - D	Mortgage (2019050300983001)	XXXXX XXXXX	XXXX XX XXXXXXX X X
10/10/2017 - R 06/06/2017 - D	Mortgage (2017100600819001)	XXXXX XXXXX	XXXX XX XXXXXXX XX
01/25/2013 - R 01/11/2013 - D	Satisfaction of Mortgage (2013011400806001)	XXXXX XXXXX	XXXX XX XXXXXXX XX
02/05/2013 - R 12/18/2012 - D	Agreement (2013012100907003)	XXXXX XXXXX	XXXX
02/05/2013 - R 12/18/2012 - D	Mortgage (2013012100907002)	XXXXX XXXXX	XXXX
02/05/2013 - R 10/17/2012 - D	Assignment, Mortgage (2013012100907001)	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5-55 Oak Drive, Far Rockaway, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$13,085

Municipal exemptions

Recent tax assessments

Market value

$1,356,000

Assessed value

$81,360

More about New York City Property Taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$1,127,000	$67,620	$62,209	19.843%	$12,344	$12,344	+4.72%
2024/25	$1,160,000	$69,600	$58,688	20.085%	$11,787	$11,787	0.00%
2023/24	$1,110,000	$66,600	$58,688	20.085%	$11,787	$11,787	-0.36%
2022/23	$1,014,000	$60,840	$58,248	20.309%	$11,830	$11,830	+7.84%
2021/22	$1,064,000	$63,840	$54,951	19.963%	$10,970	$10,970	+0.55%
2020/21	$1,169,000	$70,140	$51,841	21.045%	$10,910	$10,910	+5.39%
2019/20	$1,150,000	$69,000	$48,907	21.167%	$10,352	$10,352	+1.19%
2018/19	$1,344,000	$80,640	$48,907	20.919%	$10,231	$10,231	+6.62%
2017/18	$1,246,000	$74,760	$47,070	20.385%	$9,895	$9,595	+8.49%
2016/17	$1,027,000	$61,620	$44,243	19.991%	$9,154	$8,845	+8.68%

Permits

Permit information for 5-55 Oak Drive, Far Rockaway, NY

Filing date	Job type	Job status	Job description	Initial cost
02/05/2025	Alteration type 1
07/16/2024	Alteration
05/30/2024	Alteration CO
04/05/2024	Alteration CO
06/23/1999	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Far Rockaway, Bayswater residential market stats

Access a detailed real estate market overview of Far Rockaway, Bayswater so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Far Rockaway, Bayswater and compare it to other neighborhoods in Queens.

Median sale price

—

Median price/sq. ft.

—

Queens median sale price

$595,000

1.7% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Beach 22nd St & Mott Ave at SW Corner

Station lines

Distance (miles)

0.76

View subway map

Access the detailed traffic volume map for 5-55 Oak Drive, Far Rockaway, NY 11691 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 197 The Ocean School	6	Yes	Public	PK, K-5	407	0.26
P.S. 197 The Ocean School	6	Yes	Public	PK, K-5	407	0.26
Success Academy Charter School-Nyc 4	10	No	Charter	K-7	641	0.51
Lawrence Elementary School at Broadway Campus	4	No	Public	1-6	480	0.59
Randolph Holder School of Social Justice (The)	3	No	Public	PK, K-5	505	0.60
Randolph Holder School of Social Justice (The)	3	No	Public	PK, K-5	505	0.60
Church of God Christian Academy	NR	No	Private	K-12	86	0.60
Talmud Torah Siach Yitzchok	NR	No	Private	PK, K-8	290	0.64
Talmud Torah Siach Yitzchok	NR	No	Private	PK, K-8	290	0.64
Peninsula Preparatory Academy Charter School	7	No	Charter	PK, K-5	282	0.65

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Ms 53 Brian Piccolo	3	Yes	Public	6-8	206	0.51
Village Academy	6	Yes	Public	6-8	302	0.51
Success Academy Charter School-Nyc 4	10	No	Charter	K-7	641	0.51
Lawrence Middle School	3	No	Public	7-8	405	0.59
Church of God Christian Academy	NR	No	Private	K-12	86	0.60
Talmud Torah Siach Yitzchok	NR	No	Private	PK, K-8	290	0.64
Yeshiva Darchei Torah	NR	No	Private	PK, K-12	1,848	0.69
Mesivta Chaim Shlomo	NR	No	Private		0	0.74
Machon Academy	NR	No	Private	7-12	0	0.89

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Tichon Meir Moshe	NR	No	Private	9-12	0	0.27
Church of God Christian Academy	NR	No	Private	K-12	86	0.60
Yeshiva Darchei Torah	NR	No	Private	PK, K-12	1,848	0.69
Hebrew Academy Long Beach High School Boys	NR	No	Private	9-12	0	0.71
Mesivta Chaim Shlomo	NR	No	Private		0	0.74
Queens High School For Information Research And T	5	No	Public	9-12	493	1.23
Frederick Douglas Academy Vi High School	1	No	Public	9-12	265	1.23

Nearby ZIP codes for 5-55 Oak Drive, Far Rockaway, NY

11096, Nassau County, NY 11411, New York City, NY 11412, New York City, NY 11413, New York City, NY 11420, New York City, NY 11422, New York City, NY 11430, New York City, NY 11433, New York City, NY 11434, New York City, NY 11436, New York City, NY 11516, Nassau County, NY 11557, Nassau County, NY 11559, Nassau County, NY 11580, Nassau County, NY 11581, Nassau County, NY 11598, Nassau County, NY 11692, New York City, NY 11693, New York City, NY 11694, New York City, NY

Frequently asked questions

What is the year built for 5-55 Oak Drive, Far Rockaway, NY 11691?

The development at 5-55 Oak Drive, Far Rockaway, NY 11691 was built in 1950.

What is the total square footage of 5-55 Oak Drive, Far Rockaway, NY 11691?

5-55 Oak Drive, Far Rockaway, NY 11691 has a total of 3,467 square feet.

When was 5-55 Oak Drive, Far Rockaway, NY 11691 last sold and what was the sale price?

5-55 Oak Drive, Far Rockaway, NY 11691 was last sold on 05/31/2024 for $2,730,000.

What is the assessed value of 5-55 Oak Drive, Far Rockaway, NY 11691?

5-55 Oak Drive, Far Rockaway, NY 11691 is currently assessed at $81,360.

What are the property taxes for 5-55 Oak Drive, Far Rockaway, NY 11691?

The property taxes for 5-55 Oak Drive, Far Rockaway, NY 11691 total $13,084.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.