Welcome to Arverne in Far Rockaway, Queens, where this exceptional property spans lots 24 and 73, featuring a 200-foot frontage and 59-foot depth along Beach 67th and Beach 68th Streets. We are seeking an investor or developer with innovative ideas for this prime location. Potential uses for the property (subject to architectural review) include residential development with approximately 15,000 buildable square feet or community facility usage with up to 24,000 buildable square feet. With the ongoing development of Arverne by the Sea just around the corner, including new rentals, commercial stores, and restaurants, the area is in high demand for affordable housing or community facilities such as medical centers or schools. The property is currently zoned R5/R5A, but with the NYC YES program and its proximity to public transportation, there’s potential for an increased FAR (Floor Area Ratio) Feel free to drive by and contact your agent for more details.
Property Details
Property Features
Property Information:
Year Built: 2003
Stories: 1
Living Area: 3,689 SqFt
Listing Office:
Office Name: BHHS Fillmore R.E.
Price Information
Listing Price Info
Price Summary:
List Price: $1,250,000
Price Per SqFt: $339/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
This property is $399.8K more than the Median Sold Price and $329/SqFt less than other homes in New York, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #486760
Listing Office:
Office Name: BHHS Fillmore R.E.
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 12/31/2024, 1:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,306
Per Month
Principal & Interest
$6,239
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,814
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Lighthouse Elementary School
180 Beach 35th St
Distance between this listing and this school1.57 miles
Public District Grades PK-5
5
/10
P.S. 104 The Bays Water School
2601 Mott Ave
Distance between this listing and this school2.03 miles
Public District Grades PK-5
9
/10
Wave Preparatory Elementary School
535 Briar Pl
Distance between this listing and this school2.09 miles
Public District Grades PK-5
Nearby Schools
3
/10
P.S./M.S. 42 R. Vernam School
488 Beach 66th St
Distance between this listing and this school0.23 miles
Public District Grades PK-8
3
/10
P.S. 183 Dr. Richard R. Green
245 Beach 79th St
Distance between this listing and this school0.51 miles
Public District Grades KG-8
3
/10
Goldie Maple Academy
365 Beach 56th St
Distance between this listing and this school0.55 miles
Public District Grades PK-8
Nearby Schools
2
/10
Rockaway Park High School for Environmental Sustainability
10000 Beach Channel Dr
Distance between this listing and this school1.45 miles
Public District Grades 9-12
6
/10
Channel View School for Research
10000 Beach Channel Dr
Distance between this listing and this school1.45 miles
Public District Grades 6-12
3
/10
Rockaway Collegiate High School
10000 Beach Channel Dr
Distance between this listing and this school1.45 miles
The neighbors living near this home have an average income of $65,330. Residents of New York, NY typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 306 Bch 68th St
What is the listing price of this property?
The listing price of 306 Bch 68th St property is $1,250,000.
What type of property is this?
The property 306 Bch 68th St is land located in Far Rockaway, New York, 11692.
Is this property for sale now?
Active Listing: 306 Bch 68th St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 306 Bch 68th St in Far Rockaway, NY and zip code 11692 in the Arverne neighborhood. This 3,689 square foot home was built in 2003. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $1,250,000.
In November 2024, from all listings sold in New York, NY there were more than 220 sold above asking price, over 758 sold below and more than 769 were sold right at the asked price. The inventory of homes for sale in New York, NY between October 2024 and November 2024 decreased by 7.2%. In November 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $850,115.
From Rocket Homes Real Estate and based on county public records data.
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
Continuing Education Courses
Continuing Education Courses
Basketball
Pro Boxing
Express/Express For Men
Ross Dress For Less
Burlington
Qdoba
Jasons Deli
Popeyes
Volkswagen
Acura
Dodge
Urban Contemporary
Rhythmic Contemporary Hits
Contemporary Inspirational