The Rockaways & Broad Channel multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in The Rockaways & Broad Channel, updated monthly from NYC public records. Data through September 2026. Covers Far Rockaway, Arverne, Rockaway Beach and Broad Channel.
Get new sales, permits and off-market deals here in your weekly Pulse brief.
$329.5M273 sales, last 12 months▲ 0.4% YoY
$361Median price / sq ft▲ 0.6% YoY
$375KMedian price / unit (multifamily)▲ 0.9% YoY
14Off-market listings on Crezly now
November 2026 summary
273 income-property sales were recorded in The Rockaways & Broad Channel over the 12 months ending September 2026, up 7.1% from the prior 12 months, with dollar volume of $329.5M, up 0.4%. The median price per square foot was $361, up 0.6%, and the median price per residential unit for multifamily and mixed-use properties was $375K, up 0.9%. 605 DOB construction permits were issued, down 15.7%. 14.3% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or above, compared with 16.4% citywide. JPMorgan Chase Bank, N.A. was the most active lender, with 25 mortgages recorded.
Market trends
Recorded sales volume by month
October 2024 – September 2026. Hover or tap a month for its figure.
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Month
Sales
Volume
October 2024
22
$17.2M
November 2024
19
$17.3M
December 2024
32
$29.7M
January 2025
25
$18.5M
February 2025
13
$9.9M
March 2025
33
$51M
April 2025
18
$20M
May 2025
20
$99.8M
June 2025
21
$21.1M
July 2025
17
$15.7M
August 2025
16
$14M
September 2025
19
$14M
October 2025
22
$24.2M
November 2025
17
$12.1M
December 2025
30
$61.4M
January 2026
19
$17.3M
February 2026
16
$15.3M
March 2026
18
$34.5M
April 2026
23
$24M
May 2026
26
$25.4M
June 2026
29
$36.9M
July 2026
22
$30.6M
August 2026
21
$17.6M
September 2026
30
$30.1M
Median price per square foot
Rolling 3-month median of recorded sales with a building area. Gaps mean fewer than five priced sales.
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Month
Median $/sf (3-mo)
October 2024
$335
November 2024
$353
December 2024
$377
January 2025
$344
February 2025
$337
March 2025
$335
April 2025
$369
May 2025
$356
June 2025
$350
July 2025
$350
August 2025
$364
September 2025
$373
October 2025
$374
November 2025
$361
December 2025
$362
January 2026
$377
February 2026
$381
March 2026
$387
April 2026
$369
May 2026
$368
June 2026
$338
July 2026
$333
August 2026
$339
September 2026
$351
Construction permits issued
Initial DOB NOW permits for construction work (sheds, fences, scaffolds and signs excluded) — a leading indicator of repositioning and new supply.
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Month
Permits
October 2024
70
November 2024
78
December 2024
62
January 2025
80
February 2025
61
March 2025
56
April 2025
53
May 2025
50
June 2025
50
July 2025
48
August 2025
51
September 2025
59
October 2025
60
November 2025
61
December 2025
74
January 2026
55
February 2026
43
March 2026
60
April 2026
73
May 2026
43
June 2026
51
July 2026
67
August 2026
18
September 2026
0
What trades here
Share of recorded sales by asset class, last 12 months.
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Asset class
Sales
Multifamily
234
Development
17
Other
7
Mixed Use
7
Retail
5
Industrial
2
Office
1
Seller distress
14.3% of 7,048 multifamily and mixed-use parcels in The Rockaways & Broad Channel carry a Motivated-Seller Score of 10+ as of November 2026, up from 2.4% in August 2026. Citywide the figure is 16.4%.
The Rockaways & Broad Channel
NYC
The score weighs estimated loan maturity, tax liens, open HPD violations, evictions, ownership tenure and transfer activity. It is a signal, not a prediction.
What is the price per square foot for commercial and multifamily property in The Rockaways & Broad Channel?
The median recorded sale was $361 per square foot across 252 priced income-property sales in the 12 months to September 2026, up 0.6% on the prior year.
How much do multifamily buildings sell for per unit in The Rockaways & Broad Channel?
Multifamily and mixed-use buildings sold for a median of $375K per residential unit in the 12 months to September 2026, across 241 recorded sales.
How many commercial real estate sales were there in The Rockaways & Broad Channel last year?
273 income-property sales worth $329.5M were recorded in the 12 months to September 2026 (deeds of $100,000 or more, excluding single-family homes and condo units).
Who lends on commercial property in The Rockaways & Broad Channel?
The most active institutional lender over the last 12 months was JPMorgan Chase Bank, N.A., with 25 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track The Rockaways & Broad Channel deals as they happen
New sales, permits, off-market listings and distress signals, in one weekly brief.
Compiled by Crezly from NYC public records: ACRIS deeds and mortgages (recorded through September 2026), DOB NOW permits, PLUTO and HPD. Sales are recorded deeds of $100,000+ on income and commercial property (multifamily incl. two-family, mixed-use, retail, office, industrial, development, hospitality); single-family homes and condo units are excluded. Staten Island deeds are recorded by the Richmond County Clerk and are not in ACRIS. Neighborhoods follow NYC Community District boundaries. Not legal, financial or investment advice.
