New York City » 11692 » Beach Channel Dr » 5610 Beach Channel Dr

Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY 11692 - Property report

Also known as: 54-09 Almeda Ave

Property image for Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY 11692

Property type

Elevator Apartment - Fireproof without Stores (D3)

Year built

1960

Lot sq. ft.

916,193

Sale price

$2,843,501

General information

Address

Building name

Ocean Bay Apts. (oceanside)

Primary address

Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive

Alternate address(es)

4-11 Beach 54 St
4-14 Beach 58 St
4-24 Beach 58 St

Show all

ZIP code

11692

Neighborhood

Far Rockaway

Borough

Queens

Block & lot

16002-0001

Building

Property type

Elevator Apartment - Fireproof without Stores (D3)

Building sq. ft.

820,910

Building dimensions

40.83 ft x 230.83 ft

Buildings on lot

Stories

Year built

1960

Building material

Sales

Sale date

12/29/2016

Sale price

$2,843,501 - M

Tax

Tax year

2026-2027

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

813

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

938.5 ft x 875.83 ft

Lot sq. ft.

916,193

Area overview

Walk score

39 /100. Car-Dependent

Transit score

72 /100. Excellent Transit

Bike score

56 /100. Bikeable

School district

Community district

Closest police station

1.59 Miles

Closest fire station

0.18 Miles

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

Building Description

The Ocean Bay Apartments on Jamaica Bay in Queens began as a post-war project of the New York City Housing Authority in 1951 with seven six-story buildings known at the time as Arverne Houses. Ten years later came another 24 mid-rise towers of seven and nine stories on the bay side of the housing complex, dubbed the Edgemere Houses. Today the two sections of the Ocean Bay Apartments on both sides of Beach Channel Drive offer 1,795 apartments in Far Rockaway. 439 Beach 54th Street offers 813 apartments across 15 buildings that reach 9 stories in height, with the average unit size clocking in at 1,010 square feet.

The sandy expanses of Rockaway Beach on the Atlantic Ocean are steps away and the northern row of buildings push up against the spacious Rockaway Community Park, while the space between buildings is taken up by large grassy lawns. The Ocean Bay Apartments are part of School District 27 and two schools, P.S. 105 and the Goldie Maple School, adjoin the apartment complex. Bus service stops at 56-10 Beach Channel Drive, and two stations for the Long Island Rail Road are within walking distance. The A train can be boarded less than 0.3 miles away.

Ownership

Ownership information for Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, 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 Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY 11692

Sale date	Sale price	Buyer name	Seller name
12/29/2016	$2,843,501	XXXXXXX XXXX XXXXX XXXX. XXX XXXXX XXX X XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX	XXX XXXX XXXX XXXXXXX XXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/21/2018 - R 02/25/2018 - D	Easement (2018051400927001)	XXX XXXX XXXX XXXXXXX XXXXXXXXX	XXXX XXXXXX XXXXXXXX XXXXXXX XXX XXXX
03/07/2017 - R 02/10/2017 - D	Certificate (2017030201312002)	XXXXXX XXXXXXXXXX
01/27/2017 - R	Initial UCC1 (2017012001155004)	XXXXX XXX X XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX	XXX XXXX XXXX XXXXXXX XXXXXXXXX
01/27/2017 - R	Initial UCC1 (2017012001155003)	XXXXX XXX X XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX	XXX XXXX XXXX XXXXXXX XXXXXXX XXXXXX
03/07/2017 - R 01/23/2017 - D	Zoning Lot Description (2017030201312001)	XXX XXXX XXXX XXXXXXX XXXXXXXXX
09/14/2017 - R 12/29/2016 - D	Agreement (2017091301207001)	XXXXXXX XXXX XXXXX XXXX	XXXXX XXX X XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX
01/27/2017 - R 12/29/2016 - D	Agreement (2017012001155002)	XXXXXXX XXXX XXXXX XXXX	XXXXX XXX X XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX
01/27/2017 - R 12/29/2016 - D	Memorandum of Lease (2017012001155001)	XXX XXXX XXXX XXXXXXX XXXXXXXXX	XXXXXXX XXXX XXXXX XXXX
01/10/2017 - R 12/29/2016 - D	Subordination of Mortgage (2017010600859011)	XXX XXXX XXXX XXXXXXX XXXXXXXXX	XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX
01/10/2017 - R 12/29/2016 - D	Mortgage (2017010600859010)	XXXXX XXX X XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX	XXX XXXXXXXXXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY

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

Current property tax

Tax year

2025-2026

Municipal exemptions

Recent tax assessments

Market value

$60,712,000

Assessed value

$27,320,400

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	$59,059,000	$26,576,550	$0	12.439%	$3,127,743	$0	n/a
2024/25	$57,533,000	$25,889,850	$0	12.5%	$3,165,199	$0	n/a
2023/24	$56,713,000	$25,520,850	$0	12.502%	$3,190,245	$0	n/a
2022/23	$55,513,000	$24,980,850	$0	12.267%	$3,064,401	$0	n/a
2021/22	$50,567,000	$22,755,150	$0	12.235%	$2,784,093	$0	n/a
2020/21	$61,025,000	$27,461,250	$0	12.267%	$3,216,304	$0	n/a
2019/20	$59,714,000	$26,871,300	$0	12.473%	$3,174,033	$0	n/a
2018/19	$59,494,000	$26,772,300	$0	12.612%	$3,030,323	$0	n/a
2017/18	$56,554,000	$25,449,300	$0	12.719%	$2,877,950	$0	n/a
2016/17	$54,537,000	$24,541,650	$0	12.892%	$2,966,093	$0	n/a

Permits

Permit information for Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY

Filing date	Job type	Job status	Job description	Initial cost
10/12/2024	Alteration
09/20/2024	Alteration
07/09/2024	Alteration
06/24/2024	Alteration
06/20/2024	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	01/31/2024	Fisphaz-hazardous condition (facade) facade required
	12/21/2023	Fisphaz-hazardous condition (facade) facade required
	07/27/2023	Fisphaz-hazardous condition (facade) facade required

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% 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

0.2,AE

Hurricane evacuation zones

Subway & traffic

Closest station

Beach 59th Sr & Rockaway Frwy at NW Corner

Station lines

Distance (miles)

0.296

View subway map

Access the detailed traffic volume map for Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY 11692 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

Nearby ZIP codes for Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY

11096, Nassau County, NY 11413, New York City, NY 11414, New York City, NY 11417, New York City, NY 11419, 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 11581, Nassau County, NY 11598, Nassau County, NY 11691, New York City, NY 11693, New York City, NY 11694, New York City, NY

Frequently asked questions

What is the year built for Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY 11692?

The development at Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY 11692 was built in 1960.

What is the total square footage of Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY 11692?

Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY 11692 has a total of 820,910 square feet.

When was Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY 11692 last sold and what was the sale price?

Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY 11692 was last sold on 12/29/2016 for $2,843,501.

What is the assessed value of Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY 11692?

Ocean Bay Apts. (oceanside) - 56-10 Beach Channel Drive, Arverne, NY 11692 is currently assessed at $27,320,400.

How many residential units does this building have?

This building has 813 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.