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for saleRealtyLens property overview
$449,000
120 Beach 62nd St Unit 1
Arverne, NY, 11692
View more Arverne, NY property pages2Beds
1Baths
786Sqft
$571$/sqft
Market Insights
Above nearby median+52%
$571/sqft vs a nearby median of $376/sqft.
Nearby median$376/sqft
Nearby properties12
Property size786 sqft
- +52% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 786 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$292k$266k – $318k · 50% confidence
vs ask $449k+$157k (+35.0%)
Asking price is about 35.0% above where comps + adjustments land — there is room to negotiate.
$376/sqft median across 10 tight comps × 786 sqft= $296k
- Days-on-market gravity−$9k −3.0%
- Transit access+$7k +2.5%
- Visible condition issues−$3k −1.0%
Cumulative NYC adjustments−$4k−1.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 362 days
- Last price change
- No change recorded
- Listed
- May 15, 2025
- Photos
- 20 photos
- Property type
- townhomes
- Status
- for sale
Photos
Price History
May 4, 2026Initial record
$449,000for sale