New York City » 11691 » Grassmere Ter » 505 Grassmere Ter

5-05 Grassmere Terrace, Far Rockaway, NY 11691 - Property report

Also known as: 5-05 Garage Grassmere Ter

Property image for 5-05 Grassmere Terrace, Far Rockaway, NY 11691

Property type

Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)

Year built

1910

Lot sq. ft.

5,738

Sale price

$700,000

General information

Address

Primary address

5-05 Grassmere Terrace

Alternate address(es)

5-05 Garage Grassmere Ter

ZIP code

11691

Neighborhood

Far Rockaway

Borough

Queens

Block & lot

15766-0049

Building

Property type

Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)

Building sq. ft.

1,560

Building dimensions

30 ft x 35 ft

Buildings on lot

Stories

Year built

1910

Building material

Frame

Exterior wall

Stucco

Basement

Garage type

Detached, Frame Garage

Sales

Sale date

08/30/2024

Sale price

$700,000

Tax

Tax year

2026-2027

Property tax

$5,524

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)

Grassmere Terrace (narrow)
Aztec Place (narrow)
Hanson Court (narrow)
Brookhaven Avenue (narrow)

Nearest wide street

Rockaway Freeway

Distance to wide street

Lot dimensions

54.05 ft x 125 ft

Lot sq. ft.

5,738

Area overview

Walk score

72 /100. Very Walkable

Transit score

75 /100. Excellent Transit

Bike score

61 /100. Bikeable

School district

Community district

Closest police station

0.58 Miles

Closest fire station

1.54 Miles

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

Ownership

Ownership information for 5-05 Grassmere Terrace, 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 5-05 Grassmere Terrace, Far Rockaway, NY 11691

Sale date	Sale price	Buyer name	Seller name
08/30/2024	$700,000	XXXXXXX XXXXXXX, XXXXX XXXXXXXX XXX XXXXX XXXXX, XXXXXX XXXXXXXX	XXXXXXXX, XXXXX
06/24/2009	$378,000	XXXXXXXX, XXXXX	XXXXXXX, XXXX XXX XXXXXXX, XXXXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/11/2024 - R 09/10/2024 - D	Satisfaction of Mortgage (2024091000860001)	XXXXXXXX XXXXX	XXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX
09/11/2024 - R 09/09/2024 - D	Satisfaction of Mortgage (2024091000879001)	XXXXXXXX XXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
09/06/2024 - R 08/30/2024 - D	Mortgage (2024090500055002)	XXXXXXX XXXXXXX XXXXX XXXXXXXX	XXXX
09/06/2024 - R 08/30/2024 - D	Deed (2024090500055001)	XXXXXXXX XXXXX	XXXXXXX XXXXXXX XXXXX XXXXXXXX
02/22/2024 - R 01/19/2024 - D	Mortgage (2024022100976001)	XXXXXXXX XXXXX	XXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX
04/24/2023 - R 04/14/2023 - D	Assignment, Mortgage (2023042100599002)	XXX XXXXXXXXX XXX	XXXXXX XXXXXXX XX
04/24/2023 - R 04/14/2023 - D	Assignment, Mortgage (2023042100599001)	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX	XXX XXXXXXXXX XXX
02/16/2016 - R 02/03/2016 - D	Mortgage (2016020301022001)	XXXXXXXX XXXXX	X X XXXXX XXXXXXXX XXXXXXXXXXXXXX
09/03/2013 - R 03/01/2013 - D	Mortgage and Consolidation (2013081500315001)	XXXXXXXX XXXXX	XXXXXXXX X XXXXXXXX XX XXX XXXXXXXXX XXX
07/22/2009 - R 07/02/2009 - D	Satisfaction of Mortgage (2009070900977001)	XXXXXXX XXXX	XXXXXXXX XXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5-05 Grassmere Terrace, 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

$5,524

Municipal exemptions

Recent tax assessments

Market value

$728,000

Assessed value

$43,680

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	$637,000	$38,220	$26,266	19.843%	$5,212	$5,212	+10.96%
2024/25	$532,000	$31,920	$23,386	20.085%	$5,276	$4,697	+0.85%
2023/24	$506,000	$30,360	$23,188	20.085%	$5,236	$4,657	+5.62%
2022/23	$510,000	$30,600	$21,713	20.309%	$4,995	$4,410	+8.69%
2021/22	$488,000	$29,280	$20,321	19.963%	$4,632	$4,057	+1.42%
2020/21	$473,000	$28,380	$19,008	21.045%	$4,606	$4,000	-0.58%
2019/20	$456,000	$27,360	$19,008	21.167%	$4,633	$4,023	-11.46%
2018/19	$451,000	$27,060	$21,723	20.919%	$4,544	$4,544	+8.77%
2017/18	$353,000	$21,180	$20,494	20.385%	$4,178	$4,178	+8.09%
2016/17	$405,000	$24,300	$19,334	19.991%	$3,865	$3,865	+8.37%

Permits

Permit information for 5-05 Grassmere Terrace, 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 25th St & Rockaway Frwy at SW Corner

Station lines

Distance (miles)

0.077

View subway map

Access the detailed traffic volume map for 5-05 Grassmere Terrace, 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)
Wave Preparatory Elementary School	9	Yes	Public	PK, K-5	435	0.11
Wave Preparatory Elementary School	9	Yes	Public	PK, K-5	435	0.11
Reihis Chockma Preschool	NR	No	Private	PK, K-8	0	0.14
Reihis Chockma Preschool	NR	No	Private	PK, K-8	0	0.14
Challenge Preparatory Charter School	4	No	Charter	K-11	1,134	0.19
Darchei Torah	NR	No	Private	PK-12	2,448	0.24
Darchei Torah	NR	No	Private	PK-12	2,448	0.24
Torah Academy For Girls	NR	No	Private	PK-8	1,485	0.24

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	0.65
Village Academy	6	Yes	Public	6-8	302	0.65
Reihis Chockma Preschool	NR	No	Private	PK, K-8	0	0.14
Challenge Preparatory Charter School	4	No	Charter	K-11	1,134	0.19
Acadey of Medical Technology - A College Board School	4	No	Public	6-12	670	0.23
Knowledge and Power Preparatory Academy VI	5	No	Public	6-8	262	0.23
Darchei Torah	NR	No	Private	PK-12	2,448	0.24
Torah Academy For Girls	NR	No	Private	PK-8	1,485	0.24
Chochma Reishis	NR	No	Private	PK-8	290	0.24
Bnos Bais Yaakov-Far Rockaway	NR	No	Private	PK-12	1,265	0.24

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Challenge Preparatory Charter School	4	No	Charter	K-11	1,134	0.19
Acadey of Medical Technology - A College Board School	4	No	Public	6-12	670	0.23
Frederick Douglas Academy Vi High School	1	No	Public	9-12	265	0.23
Queens High School For Information Research And T	5	No	Public	9-12	493	0.23
Mesivta Yam Hatorah	NR	No	Private	9-12	21	0.24
Darchei Torah	NR	No	Private	PK-12	2,448	0.24
Torah Academy High School	NR	No	Private	9-12	365	0.24
Bnos Bais Yaakov-Far Rockaway	NR	No	Private	PK-12	1,265	0.24
Bnos Bais Yaakov / Tichon Meir Moshe	NR	No	Private	PK-12	1,104	0.24

Nearby ZIP codes for 5-05 Grassmere Terrace, 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 5-05 Grassmere Terrace, Far Rockaway, NY 11691?

The development at 5-05 Grassmere Terrace, Far Rockaway, NY 11691 was built in 1910.

What is the total square footage of 5-05 Grassmere Terrace, Far Rockaway, NY 11691?

5-05 Grassmere Terrace, Far Rockaway, NY 11691 has a total of 1,560 square feet.

When was 5-05 Grassmere Terrace, Far Rockaway, NY 11691 last sold and what was the sale price?

5-05 Grassmere Terrace, Far Rockaway, NY 11691 was last sold on 08/30/2024 for $700,000.

What is the assessed value of 5-05 Grassmere Terrace, Far Rockaway, NY 11691?

5-05 Grassmere Terrace, Far Rockaway, NY 11691 is currently assessed at $43,680.

What are the property taxes for 5-05 Grassmere Terrace, Far Rockaway, NY 11691?

The property taxes for 5-05 Grassmere Terrace, Far Rockaway, NY 11691 total $5,524.

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.