12-38 Crossbay Boulevard, New York City, NY 11693
Listing Courtesy of Crifasi Realty Associates Inc
$400,000
Potential Rebate: $6,000
Overview
This unique commercial property is currently operating as a funeral home and offers exceptional potential for a variety of future uses. The building features two spacious viewing rooms, a private office, and two lavatories, and was fully renovated approximately six years ago. With its flexible layout it could possibly be converted into a one- or two-family home, or repurposed as a professional office, grocery store, or House of Worship, pending appropriate approvals. Please note that the owner makes no representation regarding the legal use or occupancy of the premises, and all prospective buyers are strongly encouraged to perform their own due diligence and consult with an architect and/or attorney to verify current and potential uses. The business is not included in the sale, and the property will be delivered vacant on title.<br><br><br><br><br><br>
Estimated Monthly Payment
$1,977 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$6,000
Monthly savings impact
$17/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Crifasi Realty Associates Inc
Data Source: TRESTLE #RLS20017365
Price Analysis
Compare average listing prices and value metrics for 12-38 Crossbay Boulevard against the surrounding Far Rockaway market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
59.90% Lower
than the Far Rockaway price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Far Rockaway
Overview of Far Rockaway
Far Rockaway is the easternmost section of the Rockaways. Historically a resort area, it is now a diverse, growing residential neighborhood. For buyers seeking Far Rockaway Queens real estate, it offers the most affordable waterfront property in the city.
Living in Far Rockaway is evolving. Massive redevelopment projects are transforming the downtown area. As a Queens NYC neighborhood, it is on the rise.
Real Estate & Housing Market
The market for homes for sale in Far Rockaway includes beach bungalows, multi-family homes, and new affordable housing developments.
It is significantly cheaper than the western Rockaways.
Lifestyle & Community
The lifestyle in Far Rockaway is community-oriented. Residents have easy access to the beach and bays.
The community is diverse, with strong Orthodox Jewish, Hispanic, and African American populations.
Transportation & Accessibility
Far Rockaway-Mott Ave is the last stop on the A train.
Parks, Schools & Amenities
Far Rockaway Beach is less crowded than Rockaway Beach. O'Donohue Park offers green space.
Amenities: A revitalized downtown shopping district.
Who This Neighborhood Is Best For
Far Rockaway is best for first-time buyers and those seeking value near the ocean.
