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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 July 2026. Covers Far Rockaway, Arverne, Rockaway Beach and Broad Channel.

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$291.9M253 sales, last 12 months▼ 21.6% YoY
$358Median price / sq ft▲ 2.6% YoY
$366KMedian price / unit (multifamily)▲ 1.7% YoY
14Off-market listings on Crezly now
September 2026 summary

253 income-property sales were recorded in The Rockaways & Broad Channel over the 12 months ending July 2026, totaling $291.9M in dollar volume. Sales count was down 1.6% and dollar volume down 21.6% versus the prior 12 months. The median price per square foot was $358, up 2.6%, while the median price per residential unit for multifamily and mixed-use properties was $366K, up 1.7%. 697 DOB construction permits were issued, down 4%. 2.3% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 2.9% citywide. Rocket Mortgage, LLC recorded 32 mortgages, the most of any lender.

Market trends

Recorded sales volume by month

August 2024 – July 2026. Hover or tap a month for its figure.

$0$25M$50M$75M$100MAugust 2024: $14.9M in recorded salesSeptember 2024: $57.4M in recorded salesOctober 2024: $17.2M in recorded salesNovember 2024: $17.3M in recorded salesDecember 2024: $29.7M in recorded salesJanuary 2025: $18.5M in recorded salesFebruary 2025: $9.9M in recorded salesMarch 2025: $51M in recorded salesApril 2025: $20M in recorded salesMay 2025: $99.8M in recorded salesJune 2025: $21.1M in recorded salesJuly 2025: $15.7M in recorded salesAugust 2025: $14M in recorded salesSeptember 2025: $14M in recorded salesOctober 2025: $24.2M in recorded salesNovember 2025: $12.1M in recorded salesDecember 2025: $61.4M in recorded salesJanuary 2026: $17.3M in recorded salesFebruary 2026: $15.3M in recorded salesMarch 2026: $34.5M in recorded salesApril 2026: $23.2M in recorded salesMay 2026: $25.4M in recorded salesJune 2026: $36.9M in recorded salesJuly 2026: $13.5M in recorded sales$13.5MOct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$0$25M$50M$75M$100MAugust 2024: $14.9M in recorded salesSeptember 2024: $57.4M in recorded salesOctober 2024: $17.2M in recorded salesNovember 2024: $17.3M in recorded salesDecember 2024: $29.7M in recorded salesJanuary 2025: $18.5M in recorded salesFebruary 2025: $9.9M in recorded salesMarch 2025: $51M in recorded salesApril 2025: $20M in recorded salesMay 2025: $99.8M in recorded salesJune 2025: $21.1M in recorded salesJuly 2025: $15.7M in recorded salesAugust 2025: $14M in recorded salesSeptember 2025: $14M in recorded salesOctober 2025: $24.2M in recorded salesNovember 2025: $12.1M in recorded salesDecember 2025: $61.4M in recorded salesJanuary 2026: $17.3M in recorded salesFebruary 2026: $15.3M in recorded salesMarch 2026: $34.5M in recorded salesApril 2026: $23.2M in recorded salesMay 2026: $25.4M in recorded salesJune 2026: $36.9M in recorded salesJuly 2026: $13.5M in recorded sales$13.5MJan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthSalesVolume
August 202419$14.9M
September 202418$57.4M
October 202422$17.2M
November 202419$17.3M
December 202432$29.7M
January 202525$18.5M
February 202513$9.9M
March 202533$51M
April 202518$20M
May 202520$99.8M
June 202521$21.1M
July 202517$15.7M
August 202516$14M
September 202519$14M
October 202522$24.2M
November 202517$12.1M
December 202530$61.4M
January 202619$17.3M
February 202616$15.3M
March 202618$34.5M
April 202622$23.2M
May 202626$25.4M
June 202629$36.9M
July 202619$13.5M

Median price per square foot

Rolling 3-month median of recorded sales with a building area. Gaps mean fewer than five priced sales.

$200$300$400August 2024: $336 per sq ft (3-month median)September 2024: $333 per sq ft (3-month median)October 2024: $335 per sq ft (3-month median)November 2024: $353 per sq ft (3-month median)December 2024: $377 per sq ft (3-month median)January 2025: $344 per sq ft (3-month median)February 2025: $337 per sq ft (3-month median)March 2025: $335 per sq ft (3-month median)April 2025: $369 per sq ft (3-month median)May 2025: $356 per sq ft (3-month median)June 2025: $350 per sq ft (3-month median)July 2025: $350 per sq ft (3-month median)August 2025: $364 per sq ft (3-month median)September 2025: $373 per sq ft (3-month median)October 2025: $374 per sq ft (3-month median)November 2025: $361 per sq ft (3-month median)December 2025: $362 per sq ft (3-month median)January 2026: $377 per sq ft (3-month median)February 2026: $381 per sq ft (3-month median)March 2026: $387 per sq ft (3-month median)April 2026: $364 per sq ft (3-month median)May 2026: $368 per sq ft (3-month median)June 2026: $338 per sq ft (3-month median)July 2026: $329 per sq ft (3-month median)$329Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$200$300$400August 2024: $336 per sq ft (3-month median)September 2024: $333 per sq ft (3-month median)October 2024: $335 per sq ft (3-month median)November 2024: $353 per sq ft (3-month median)December 2024: $377 per sq ft (3-month median)January 2025: $344 per sq ft (3-month median)February 2025: $337 per sq ft (3-month median)March 2025: $335 per sq ft (3-month median)April 2025: $369 per sq ft (3-month median)May 2025: $356 per sq ft (3-month median)June 2025: $350 per sq ft (3-month median)July 2025: $350 per sq ft (3-month median)August 2025: $364 per sq ft (3-month median)September 2025: $373 per sq ft (3-month median)October 2025: $374 per sq ft (3-month median)November 2025: $361 per sq ft (3-month median)December 2025: $362 per sq ft (3-month median)January 2026: $377 per sq ft (3-month median)February 2026: $381 per sq ft (3-month median)March 2026: $387 per sq ft (3-month median)April 2026: $364 per sq ft (3-month median)May 2026: $368 per sq ft (3-month median)June 2026: $338 per sq ft (3-month median)July 2026: $329 per sq ft (3-month median)$329Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthMedian $/sf (3-mo)
August 2024$336
September 2024$333
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$364
May 2026$368
June 2026$338
July 2026$329

Construction permits issued

Initial DOB NOW permits for construction work (sheds, fences, scaffolds and signs excluded) — a leading indicator of repositioning and new supply.

020406080August 2024: 44 construction permitsSeptember 2024: 74 construction permitsOctober 2024: 70 construction permitsNovember 2024: 78 construction permitsDecember 2024: 62 construction permitsJanuary 2025: 80 construction permitsFebruary 2025: 61 construction permitsMarch 2025: 56 construction permitsApril 2025: 53 construction permitsMay 2025: 50 construction permitsJune 2025: 50 construction permitsJuly 2025: 48 construction permitsAugust 2025: 51 construction permitsSeptember 2025: 59 construction permitsOctober 2025: 60 construction permitsNovember 2025: 61 construction permitsDecember 2025: 74 construction permitsJanuary 2026: 55 construction permitsFebruary 2026: 43 construction permitsMarch 2026: 60 construction permitsApril 2026: 73 construction permitsMay 2026: 43 construction permitsJune 2026: 51 construction permitsJuly 2026: 67 construction permits67Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
020406080August 2024: 44 construction permitsSeptember 2024: 74 construction permitsOctober 2024: 70 construction permitsNovember 2024: 78 construction permitsDecember 2024: 62 construction permitsJanuary 2025: 80 construction permitsFebruary 2025: 61 construction permitsMarch 2025: 56 construction permitsApril 2025: 53 construction permitsMay 2025: 50 construction permitsJune 2025: 50 construction permitsJuly 2025: 48 construction permitsAugust 2025: 51 construction permitsSeptember 2025: 59 construction permitsOctober 2025: 60 construction permitsNovember 2025: 61 construction permitsDecember 2025: 74 construction permitsJanuary 2026: 55 construction permitsFebruary 2026: 43 construction permitsMarch 2026: 60 construction permitsApril 2026: 73 construction permitsMay 2026: 43 construction permitsJune 2026: 51 construction permitsJuly 2026: 67 construction permits67Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthPermits
August 202444
September 202474
October 202470
November 202478
December 202462
January 202580
February 202561
March 202556
April 202553
May 202550
June 202550
July 202548
August 202551
September 202559
October 202560
November 202561
December 202574
January 202655
February 202643
March 202660
April 202673
May 202643
June 202651
July 202667

What trades here

Share of recorded sales by asset class, last 12 months.

Multifamily: 215 sales (85%)Multifamily85% · 215Development: 18 sales (7%)Development7% · 18Retail: 6 sales (2%)Retail2% · 6Other: 6 sales (2%)Other2% · 6Mixed Use: 6 sales (2%)Mixed Use2% · 6Industrial: 2 sales (1%)Industrial1% · 2
Multifamily: 215 sales (85%)Multifamily85% · 215Development: 18 sales (7%)Development7% · 18Retail: 6 sales (2%)Retail2% · 6Other: 6 sales (2%)Other2% · 6Mixed Use: 6 sales (2%)Mixed Use2% · 6Industrial: 2 sales (1%)Industrial1% · 2
Show the data
Asset classSales
Multifamily215
Development18
Retail6
Other6
Mixed Use6
Industrial2

Seller distress

2.3% of 7,048 multifamily and mixed-use parcels in The Rockaways & Broad Channel carry a Motivated-Seller Score of 10+ as of September 2026, down from 2.4% in August 2026. Citywide the figure is 2.9%.

The score weighs estimated loan maturity, tax liens, open HPD violations, evictions, ownership tenure and transfer activity. It is a signal, not a prediction.

See the parcels behind this number →

Biggest sales last quarter

PropertyTypeRecordedPrice
Beach 50 StreetDevelopment SiteJun 2026$14.5M
Rockaway Beach BlvdDevelopment SiteMay 2026$2.9M
447 Beach 140 StreetMultifamilyMay 2026$1.7M
14-14 Brunswick AvenueIndustrial / WarehouseMay 2026$1.6M
128 Beach 5 StreetMultifamilyMay 2026$1.5M

Most active lenders

Institutional mortgages recorded in the last 12 months.

  1. Rocket Mortgage, LLC32 loans · $9M
  2. JPMorgan Chase Bank, N.A.28 loans · $12.9M
  3. United Wholesale Mortgage, LLC21 loans · $14.1M
  4. Citizens Bank NA16 loans · $5.9M
  5. Fm Home Loans, LLC13 loans · $10.9M
Lender directory →

Largest owners

Income-property parcels held, public record (companies only).

  1. Shore View LLC31 parcels · 93 units
  2. 1300 Central LLC16 parcels · 32 units
  3. Beach 31 Buyer LLC15 parcels
  4. Saltmeadow Holdings LLC14 parcels · 28 units
  5. 301-329 Beach 65th Street LLC13 parcels · 39 units
Largest Queens landlords → · Owner directory

Off-market deals in The Rockaways & Broad Channel

$1.2M4 Family Far Rockaway4 units
$819KSingle Family Rockaway
$840KSingle Family Neponsit1 units
$595KSingle Family Broad Channel

All 14 listings in The Rockaways & Broad Channel →

Frequently asked questions

What is the price per square foot for commercial and multifamily property in The Rockaways & Broad Channel?

The median recorded sale was $358 per square foot across 230 priced income-property sales in the 12 months to July 2026, up 2.6% 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 $366K per residential unit in the 12 months to July 2026, across 221 recorded sales.

How many commercial real estate sales were there in The Rockaways & Broad Channel last year?

253 income-property sales worth $291.9M were recorded in the 12 months to July 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 Rocket Mortgage, LLC, with 32 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.

Track The Rockaways & Broad Channel deals as they happen

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Nearby neighborhoods

Property records in The Rockaways & Broad Channel

Queens market · NYC market overview · Queens property records index · Motivated sellers · Lender directory · Property map

Compiled by Crezly from NYC public records: ACRIS deeds and mortgages (recorded through July 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.