New York City » 11691 » Reads Ln » 501 Reads Ln

5-01 Reads Lane, Far Rockaway, NY 11691 - Property report

Also known as: 5-01 Hicksville Rd

Property image for 5-01 Reads Lane, Far Rockaway, NY 11691

Property type

Two Family Brick (B1)

Year built

1960

Lot sq. ft.

4,033

General information

Address

Primary address

5-01 Reads Lane

Alternate address(es)

5-01 Hicksville Rd

ZIP code

11691

Neighborhood

Far Rockaway

Borough

Queens

Block & lot

15590-0023

Building

Property type

Two Family Brick (B1)

Building sq. ft.

2,208

Building dimensions

46 ft x 24 ft

Buildings on lot

Stories

Year built

1960

Building material

Frame

Exterior wall

Wood

Basement

Tax

Tax year

2026-2027

Property tax

$9,764

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Reads Lane (wide)
Hicksville Road (narrow)

Distance to wide street

Lot dimensions

43.36 ft x 80.66 ft

Lot sq. ft.

4,033

Area overview

Walk score

50 /100. Somewhat Walkable

Transit score

56 /100. Good Transit

Bike score

65 /100. Bikeable

School district

Community district

Closest police station

0.54 Miles

Closest fire station

0.71 Miles

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

Ownership

Ownership information for 5-01 Reads Lane, 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 5-01 Reads Lane, Far Rockaway, NY 11691

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/01/2009 - R 08/31/2009 - D	Agreement (2009092200785006)	XXXXXXXXXXX XXXXXX X	XXXXXXXX XXXXX XXXX X X
10/01/2009 - R 08/31/2009 - D	Mortgage (2009092200785005)	XXXXXXXXXXX XXXXXX X	XXXXXXXX XXXXX XXXX X X
10/01/2009 - R 08/31/2009 - D	Power of Attorney (2009092200785004)	XXXXXXXXXXX XXXXXX X	XXXXXXXXXXX XXXX X
10/01/2009 - R 08/14/2009 - D	Assignment, Mortgage (2009092200785002)	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXXX XXXXXXX XX X	XXXXXXXX XXXXX XXXX X X
10/01/2009 - R 08/14/2009 - D	Assignment, Mortgage (2009092200785001)	XXXXX XXXX XXXXXXX XXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXXX XXXXXXX XX X
10/01/2009 - R 06/23/2009 - D	Subordination of Mortgage (2009092200785003)	XXXXXXXX XXXXX XXXX X X	XXXXXXXX XXXXX XXXX X X
11/18/2008 - R 11/03/2008 - D	Mortgage (2008111300217001)	XXXXXXXXXXX XXXX X	XX XXXXXX XXXXX XXXX X X
04/12/2005 - R 03/24/2005 - D	Satisfaction of Mortgage (2005032801953001)	XXXXXXXXXXX XXXXXX X	XXXXXXXX XXXXX XXXX
03/28/2005 - R 03/03/2005 - D	Agreement (2005031100924003)	XXXXXXXXXXX XXXX X	XXXXXXXX XXXXXXX XXXX
03/28/2005 - R 03/03/2005 - D	Mortgage (2005031100924002)	XXXXXXXXXXX XXXX X	XXXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5-01 Reads Lane, 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

$9,764

Municipal exemptions

Recent tax assessments

Market value

$1,232,000

Assessed value

$73,920

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	$1,063,000	$63,780	$46,420	19.843%	$9,211	$9,211	+4.72%
2024/25	$1,057,000	$63,420	$43,793	20.085%	$8,796	$8,796	0.00%
2023/24	$1,078,000	$64,680	$43,793	20.085%	$8,796	$8,796	-0.35%
2022/23	$936,000	$56,160	$43,463	20.309%	$8,827	$8,827	+7.83%
2021/22	$776,000	$46,560	$41,004	19.963%	$8,186	$8,186	+0.55%
2020/21	$785,000	$47,100	$38,683	21.045%	$8,141	$8,141	+5.39%
2019/20	$855,000	$51,300	$36,494	21.167%	$7,725	$7,725	+1.19%
2018/19	$1,000,000	$60,000	$36,494	20.919%	$7,634	$7,634	+3.40%
2017/18	$855,000	$51,300	$36,219	20.385%	$7,383	$7,383	+8.09%
2016/17	$734,000	$44,040	$34,170	19.991%	$6,831	$6,831	+8.37%

Permits

Permit information for 5-01 Reads Lane, Far Rockaway, NY

No recently recorded permits 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)

0.814

View subway map

Access the detailed traffic volume map for 5-01 Reads Lane, 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	0.25
P.S. 197 The Ocean School	6	Yes	Public	PK, K-5	407	0.25
Success Academy Charter School-Nyc 4	10	No	Charter	K-7	641	0.57
Yeshiva Darchei Torah	NR	No	Private	PK, K-12	1,848	0.66
Yeshiva Darchei Torah	NR	No	Private	PK, K-12	1,848	0.66
Peninsula Preparatory Academy Charter School	7	No	Charter	PK, K-5	282	0.67
Peninsula Preparatory Academy Charter School	7	No	Charter	PK, K-5	282	0.67
Lawrence Elementary School at Broadway Campus	4	No	Public	1-6	480	0.68
Randolph Holder School of Social Justice (The)	3	No	Public	PK, K-5	505	0.68
Randolph Holder School of Social Justice (The)	3	No	Public	PK, K-5	505	0.68

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Village Academy	6	Yes	Public	6-8	302	0.57
Ms 53 Brian Piccolo	3	Yes	Public	6-8	206	0.57
Success Academy Charter School-Nyc 4	10	No	Charter	K-7	641	0.57
Yeshiva Darchei Torah	NR	No	Private	PK, K-12	1,848	0.66
Lawrence Middle School	3	No	Public	7-8	405	0.68
Mesivta Chaim Shlomo	NR	No	Private		0	0.70
Talmud Torah Siach Yitzchok	NR	No	Private	PK, K-8	290	0.70
Church of God Christian Academy	NR	No	Private	K-12	86	0.71
Reihis Chockma Preschool	NR	No	Private	PK, K-8	0	0.96

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Tichon Meir Moshe	NR	No	Private	9-12	0	0.30
Yeshiva Darchei Torah	NR	No	Private	PK, K-12	1,848	0.66
Mesivta Chaim Shlomo	NR	No	Private		0	0.70
Church of God Christian Academy	NR	No	Private	K-12	86	0.71
Hebrew Academy Long Beach High School Boys	NR	No	Private	9-12	0	0.82
Frederick Douglas Academy Vi High School	1	No	Public	9-12	265	1.25
Acadey of Medical Technology - A College Board School	4	No	Public	6-12	670	1.25
Queens High School For Information Research And T	5	No	Public	9-12	493	1.25

Nearby ZIP codes for 5-01 Reads Lane, 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 5-01 Reads Lane, Far Rockaway, NY 11691?

The development at 5-01 Reads Lane, Far Rockaway, NY 11691 was built in 1960.

What is the total square footage of 5-01 Reads Lane, Far Rockaway, NY 11691?

5-01 Reads Lane, Far Rockaway, NY 11691 has a total of 2,208 square feet.

What is the assessed value of 5-01 Reads Lane, Far Rockaway, NY 11691?

5-01 Reads Lane, Far Rockaway, NY 11691 is currently assessed at $73,920.

What are the property taxes for 5-01 Reads Lane, Far Rockaway, NY 11691?

The property taxes for 5-01 Reads Lane, Far Rockaway, NY 11691 total $9,763.

How many residential units does this building have?

This building has 2 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.