RealtyLens
for saleRealtyLens property overview
$1,200,000

118-07 Beach Channel Dr

Rockaway Park, NY, 11694
View more Rockaway Park, NY property pages
5Beds
3Baths
2,700Sqft
$444$/sqft

Listing Notes

Welcome to this expansive and versatile three-family residence nestled in the heart of Rockaway Beach. Currently used as a two-family, this property offers incredible potential for both end-users and investors seeking space, flexibility, and a prime coastal location. The first-floor unit features two spacious bedrooms, a newly renovated kitchen, an updated full bathroom, and beautiful views of the NYC skyline. The second and third floors are configured as a duplex, with the second floor offering two additional bedrooms, a full kitchen and bath, a charming fireplace, and a large private balcony-perfect for enjoying the ocean breeze. The top floor serves as a private primary suite, complete with multiple closets, a full en-suite bathroom, and its own washer. This home includes a private driveway with parking for multiple vehicles, a detached two-car garage, and a full-height basement with ceilings over seven feet tall. The basement also features a washer/dryer hookup for added convenience. The mechanicals have been well maintained, with boilers that are only a few years old and recently installed indirect water heaters, offering both efficiency and peace of mind. The backyard offers ample space for entertaining, gardening, or relaxing after a day at the beach. The property will be delivered vacant at closing, offering a seamless opportunity for immediate occupancy or rental setup. Ideally located just minutes from the shoreline, public transportation, and some of the best dining Rockaway has to offer, this home combines the best of beachside living with city convenience.

Market Insights

Below nearby median-22%

$444/sqft vs a nearby median of $571/sqft.

Nearby median$571/sqft
Nearby properties12
Property size2,700 sqft
  • -22% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,700 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.53M$1.39M$1.66M · 50% confidence
vs ask $1.20M−$327k (−27.3%)

Asking price is about 27.3% below the fair value — likely to draw competing offers if it's still on market.

$571/sqft median across 11 tight comps × 2,700 sqft= $1.54M
  • Days-on-market gravity−$46k −3.0%
  • Transit access+$39k +2.5%
  • Pre-war character+$39k +2.5%
  • Visible condition issues−$39k −2.5%
  • Moderate flood-area edge−$8k −0.5%
Cumulative NYC adjustments−$15k−1.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-22% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
291 days
Last price change
No change recorded
Listed
Jul 25, 2025
Photos
30 photos
Property type
mobile
Status
for sale
Last sold
Apr 14, 1999 · $230,000
Garage
2 spaces

Features & Amenities

Dining RoomDishwasherFireplaceOcean ViewViewWater ViewBasementGarage 1 Or MoreGarage 2 Or MoreWaterfrontUpdated KitchenRental PropertyEfficientEnsuiteViewsGroundscare

Photos

Price History

May 4, 2026Initial record
$1,200,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.