163 Beach 115 Street
Rockaway Park, Queens
Parcel ID (BBL): 4161880028
Owner: Diamond National Investments
Acquired: April 04, 2024, $14.4 million
Debt: March 26, 2025, $59.5 million
Built: 2025
SF: 172,127
Dwelling units: 188
No. of buildings: 1
Class: Fireproof – With Stores (D6)
Legacy BBLs: 4161880025.00000000
Transactions:
• Diamond National Investments borrowed $59.5 million from Popular Bank for 157 Beach 115th Street, Rockaway Park, Queens on March 26, 2025.
• Menachem Chazanow borrowed $8.4 million from Skybrook Capital for 157 Beach 115th Street, Rockaway Park, Queens on April 04, 2024.
• Marcal Group sold 157 Beach 115th Street, Rockaway Park, Queens for $14.4 million to Menachem Chazanow on April 04, 2024.
• Marcal Group sold 157 Beach 115th Street, Rockaway Park, Queens for $0 to Menachem Chazanow on February 12, 2024.
• None sold 157 Beach 115th Street, Rockaway Park, Queens for $0 to None on January 17, 2024.
Development:
• Marcal Group filed new building job Q00716326 for 84,565 sqft R-2 building with 76 apartments in Rockaway Park, Queens, on April 26, 2022.
• Joel Landau filed alteration job Q01184830 for building in Rockaway Park, Queens, on February 27, 2025.
• Eddie Gazheli filed alteration job Q01151618 for 177,020 sqft building with 188 apartments in Rockaway Park, Queens, on December 05, 2024.
• Eddie Gazheli filed alteration job Q01147276 for 177,020 sqft building with 188 apartments in Rockaway Park, Queens, on November 27, 2024.
• Eddie Gazheli filed alteration job Q01147267 for 177,020 sqft building with 188 apartments in Rockaway Park, Queens, on November 25, 2024.
• Eddie Gazheli filed alteration job Q01147223 for 177,020 sqft building with 188 apartments in Rockaway Park, Queens, on November 25, 2024.
Most recent Zoning Diagram (ZD1)
Violations:
According to city public data, the properties have received $56,310 in ECB penalties and $57,510 in OATH penalties in the last year.