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69-40 Gouverneur Ave, Far Rockaway, NY, 11692

4beds
2baths
1,096sqft
$599,000
$547price/sqft
$3,933/moest. monthly cost
$157,320/yrincome needed

About This Home

Live just blocks from NYC’s hottest surfing beach in this well-maintained Arverne gem. This spacious 3-bedroom over 1-bedroom home offers the perfect blend of comfort, functionality, and location. The flexible layout includes a private ground-floor suite—ideal for guests, extended family, or a true mother-in-law setup. Enjoy easy access to public transportation, local schools, a grocery store, and everything else this dynamic neighborhood has to offer. Additional highlights include a private driveway, leased solar panels for improved energy efficiency, and upgraded wall-mounted units for year-round heating and cooling.

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
64
BikeBikeable

Construction

Condition

  • Year built: 1930

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 1,096
  • Total interior livable area: 1,096 sqft

Property

Details

  • Parcel number: 160520056
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Garden

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,028$36,336
Home Insurance *$285$3,420
Property Taxes $374$4,488
Electricity $246$2,954
Total$3,933$47,196
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$134,845/yr
40% on housing$117,990/yr
45% on housing$104,880/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$547This listing

vs Other Active Listings

Avg $/sqft

ZIP 11692$434
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11692$373
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-13Listed for sale$599,000
2025-07-29Listing removed$2,900
2025-07-28Listing removed$599,000
2025-07-18Listed for rent$2,900
2025-06-19Price change$599,000
2025-06-09Price change$625,000
2025-05-26Listed for sale$649,000
2024-10-05Listing removed$2,250
2024-10-01Listed for rent$2,250
2024-09-24Sold$625,000
2024-06-28Pending sale$599,000
2024-05-16Listed for sale$599,000
2016-06-27Sold$375,000
2016-04-18Price change$375,000
2016-04-06Price change$349,000
2016-03-29Listed for sale$369,000
2016-02-12Sold$90,000
2015-12-12Price change$250,000
2015-11-13Price change$150,000
2015-11-09Price change$250,000
2015-10-21Price change$150,000
2015-10-10Price change$250,000
2015-08-24Price change$150,000
2014-05-15Listed for sale$250,000

For Sale by Agent

AgentNicole Switzer
BrokerageRockaway Properties

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