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Queens / Rockaway Beach-Arverne-Edgemere / 11691

5125 BEACH CHANNEL DRIVE

Recorded on the Digital Tax Map as EDGEMERE COMMONS A1 CONDOMINIUM.

Boro4
Block15843
Lot7501
BBL4158437501
Class RM
Residential units
194
Units in total
197
Storeys
17
Year built
2022
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 68,271 SQ FT17
Drawn from PLUTO: 17 storeys, 208,872 sq ft of building on 68,271 sq ft of lot, an average floor plate covering 18% of it. The dashed outline is the difference between the floor area ratio already built (3.06) and the residential floor area ratio of the zoning district (3.44). It is a diagram of recorded figures, not a picture of the building.
Lot area
68,271 sq ft
Building area
208,872 sq ft
Residential area
184,925 sq ft
Commercial area
23,947 sq ft
Office area
-
Retail area
23,947 sq ft
Buildings on the lot
1
Built floor area ratio
3.06
Residential FAR permitted
3.44
Zoning district
C4-4
03

Assessment

Assessed land value
$966,151
Assessed total value
$13,474,394
Exempt value
$10,434,788
Assessed per residential unit
$69,456

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
RM
Neighbourhood
Rockaway Beach-Arverne-Edgemere
ZIP code
11691
Community district
Queens 14
Council district
31
Coordinates
40.59465, -73.783072

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Rockaway Beach-Arverne-Edgemere

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
320 BEACH 100 STREETD437619690-
40-22 BEACH CHANNEL DRIVED335319720-
BEACH 53RD STREETD624420250-
51-19 BEACH CHANNEL DRIVERM23720230-
71-15 BEACH CHANNEL DRIVED317419640-
45-19 ROCKAWAY BEACH BOULEVARDRM12720180-
190 BEACH 69 STREETD612620170-
BEACH CHANNEL DRIVED312220250-
260 BEACH 81 STREETR41032005184$335k
44-19 ROCKAWAY BEACH BLVDRR10220160-
6804 TIDES ROADD68820200-
79-14 ROCKAWAY BEACH BLVDR4862006127$355k

Every building on file in Rockaway Beach-Arverne-Edgemere