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Queens / Breezy Point-Belle Harbor-Rockaway Park-Broad Channel / 11694

122-20 OCEAN PROMENADE

Boro4
Block16232
Lot45
BBL4162320045
Class D1
Residential units
72
Units in total
72
Storeys
6
Year built
1932
Last alteration on file
-
Recorded transfers
2 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
20 Dec 2019$14,500,000-APARTMENT BUILDINGDEED
17 Sep 2009$7,585,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20191$14,500,000--
20091$7,585,000--
02

The building on the lot

Section through the lot

LOT 17,000 SQ FT6
Drawn from PLUTO: 6 storeys, 64,920 sq ft of building on 17,000 sq ft of lot, an average floor plate covering 64% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
17,000 sq ft
Building area
64,920 sq ft
Residential area
64,920 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.82
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$198,900
Assessed total value
$2,364,300
Exempt value
$0
Assessed per residential unit
$32,838

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Breezy Point-Belle Harbor-Rockaway Park-Broad Channel
ZIP code
11694
Community district
Queens 14
Council district
32
Coordinates
40.575952, -73.841463
05

Other buildings in Breezy Point-Belle Harbor-Rockaway Park-Broad Channel

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
157 BEACH 115 STREETD618820250-
147 BEACH 116 STREETD714920180-
136 BEACH 117 STREETR4932006185$600k
133 BEACH 116TH STREETRM86201882$695k
123-10 OCEAN PROMENADER981196142$280k
117-12 OCEAN PROMENADED479196352$257k
160 BEACH 117 STREETD472193219$138k
124-10 OCEAN PROMENADED468196275$310k
129 BEACH 118 STREETD468196183$220k
121-16 OCEAN PROMENADED465195489$360k
180 BEACH 117 STREETD16119600-
102-02 ROCKAWAY BEACH BLVDR252200688$502k

Every building on file in Breezy Point-Belle Harbor-Rockaway Park-Broad Channel