Airbnb & VRBO Performance in Far Rockaway New York.

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Far Rockaway, New York: Airbnb & VRBO Vacation Rental Market Overview

In Far Rockaway, New York, short-term rentals continue to offer a range of comfortable, fully furnished options with amenities like kitchens and WiFi, catering to various needs from digital nomads to family vacations, despite recent regulatory challenges.

Market overview

Thriving Short-Term Rentals in Far Rockaway, New York

Despite recent regulatory challenges in New York City, short-term rentals in Far Rockaway continue to thrive, offering a welcoming and convenient option for travelers. These rentals, often fully furnished and equipped with amenities like kitchens, WiFi, and dedicated work spaces, cater to a diverse range of guests, including families, digital nomads, and corporate travelers. While specific occupancy rates and average daily rates for Far Rockaway are not readily available, the high ratings and numerous positive reviews on platforms like Airbnb indicate strong demand and satisfaction. For example, properties in the area boast average ratings of 4.85 to 4.96 out of 5, reflecting the high quality and appeal of these short-term rentals. This popularity underscores the value these rentals bring to both guests and local hosts, who rely on this income to support their living expenses in the city.

Short Term Regulations

Short-Term Rental Regulations in New York City (Applicable to Far Rockaway) for 2024

While the specific regulations mentioned are for New York City as a whole and not exclusively for Far Rockaway, the following rules apply across NYC, including Far Rockaway:

Registration Requirements

  • Short-term rental hosts must register their units with the Office of Special Enforcement (OSE) using New York City’s short-term rental registration portal.
  • A non-refundable registration fee of $145 is required.

Guest Limits and Host Presence

  • The short-term rental of entire apartments for durations less than 30 days is prohibited unless the host shares the unit with a maximum of two guests.
  • Hosts must be physically present during the rental period.

Unit Requirements

  • Hosts are obliged to keep interior doors unlocked, granting occupants access to the entire unit.

Prohibitions

  • Booking services are prohibited from processing transactions for unregistered listings.

Exemptions

  • Certain types of dwellings are exempt from the registration requirement, including units in Class B dwellings approved by the City of New York for legal short-term stays, and rentals for durations of 30 or more consecutive days.

Compliance and Penalties

  • Compliance includes the requirement of a security deposit for short-term furnished rentals to protect the landlord against property damage or missed rental payments.
  • Non-compliance with Local Law 18 renders unregistered rentals illegal and can result in significant penalties and fines.

Impact on Listings

  • The new regulatory framework has led to the removal or blocking of many short-term rental listings from platforms like Airbnb, significantly impacting the availability of furnished short-term rentals in NYC.
Neighborhood Performance

Top Neighborhoods for Airbnb Revenue in Far Rockaway, New York

While specific neighborhood-level data for Far Rockaway is limited, we can infer some insights from broader trends in Queens and the characteristics of Far Rockaway itself.

1. Far Rockaway Central

  • Appeal: Far Rockaway Central is likely to be a high-revenue area due to its proximity to the beach, local amenities, and public transportation links. Guests are attracted to the area's beachfront properties, ease of access to New York City, and the local shops and restaurants.
  • Revenue Potential: Although exact figures are not available for Far Rockaway specifically, neighborhoods in Queens with high occupancy rates and average daily rates (like Astoria and Ridgewood) suggest that central areas with similar amenities can generate significant revenue.

2. Bayswater

  • Appeal: Bayswater is another appealing area due to its scenic views, waterfront properties, and quieter atmosphere. Guests may prefer this area for its tranquility and easy access to the beach.
  • Revenue Potential: Neighborhoods with waterfront properties and scenic views tend to command higher rates and attract more guests, potentially leading to higher annual revenues.

3. Edgemere

  • Appeal: Edgemere is known for its beach access and community parks, making it a family-friendly destination. Guests are drawn to the area's recreational activities and the opportunity to experience a more suburban side of New York City.
  • Revenue Potential: Family-friendly rentals often have higher occupancy rates, especially during peak travel seasons, which can translate into higher annual revenue for hosts.

General Appeal of Far Rockaway

  • Beach Access: Far Rockaway's primary appeal is its beachfront properties and easy access to the ocean, making it a popular destination for those seeking a coastal getaway within New York City.
  • Public Transportation: The area is well-connected to the rest of New York City via public transportation, which is a significant advantage for guests.
  • Local Amenities: The presence of local shops, restaurants, and community parks adds to the area's attractiveness and convenience for visitors.

While specific revenue figures for these neighborhoods in Far Rockaway are not provided, the general trends in Queens and the appealing features of these areas suggest they would be among the top performers in terms of Airbnb revenue.

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Design Tips

Tips for Furnishing and Designing an Inviting Airbnb in Far Rockaway, New York

Bedroom Furnishings

  • Choose a Solid Bed: Opt for a bed with a sturdy frame, avoiding those with flimsy legs. Consider a bed without drawers to minimize the risk of guests leaving items behind.
  • Quality Mattress: Select a mattress that is at least 8 inches thick, preferably a memory foam mattress for its durability and ease of replacement.
  • Consistent Bedding: Use white bedding sets from the same brand to ensure consistency and a clean, hotel-like feel. Add a simple throw pillow to enhance the bed's appearance.
  • Lighting and Comfort: Provide ample lighting with floor lamps or table lamps. Ensure the room has a warm and cozy atmosphere, possibly with an area rug to keep feet warm.

Living and Dining Area

  • Timeless and Sturdy Furniture: Select furniture that is both stylish and durable. Avoid real and faux leather sofas, opting instead for sofas with washable covers.
  • Space-Saving Furniture: Consider sofa beds and other multi-functional pieces like folding tables or ottomans with hidden storage to maximize space.
  • Dining Essentials: Use a sturdy dining table that can be enhanced with tablecloths, runners, and decorative items. Choose comfy, lightweight chairs that are easy to move around.

Kitchen Essentials

  • Complete Kitchen Setup: Equip the kitchen with essentials such as plates, bowls, cups, utensils, pots, pans, cooking utensils, and appliances like a toaster, kettle, and microwave.
  • Additional Amenities: Include a coffee maker, blender, sharp knives, cutting board, measuring cups, and a corkscrew to make the kitchen fully functional.

Bathroom Essentials

  • High-Quality Towels and Toiletries: Provide high-quality, neutral-colored towels that can be bleached. Stock basic toiletries such as hair dryer, bath towels, hand towels, hand soap, shampoo, conditioner, body wash, toothpaste, and mouthwash.
  • Storage and Accessories: Ensure there is enough storage for guests' toiletries and personal items. Add hooks on the door and consider a first-aid kit.

General Design Tips

  • Reflect Local Style: Incorporate elements that reflect Far Rockaway's unique coastal style, such as nautical themes or beach-inspired decor.
  • Smart Storage: Use beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers to keep the space tidy and organized.
  • Natural Light: Ensure the layout does not block natural light sources and provides ample space to move around.
  • Mirrors and Lighting: Use mirrors to make the space feel bigger and brighter. Ensure there is good lighting throughout the property, including desk lamps and power strips near work areas.

Additional Amenities

  • Technology and Comfort: Provide universal phone chargers, outlet converters for international guests, flip flops or slippers, bathrobes, a yoga mat, a speaker for music, and a Chromecast for entertainment.
  • Safety and Accessibility: Install smoke detectors, carbon monoxide detectors, and a first aid kit. Consider making the space accessible to guests with disabilities by adding ramps, wide doorways, and grab bars in bathrooms.

Finishing Touches

  • Theme Consistency: Stick to a theme that aligns with the local aesthetic to create a cohesive and inviting space.
  • High-Speed Internet: Ensure high-speed internet is available, and consider a Wi-Fi booster if the property is large.
  • Work-Friendly Space: Provide a sturdy desk, a comfy chair, and good lighting for guests who need to work.
Insider Tips

Discover Far Rockaway, New York: Local Attractions and Insider Tips

Local Attractions

Beaches and Parks

  • Rockaway Beach: Enjoy the sand, surf, and a variety of shops, affordable food trucks, and outdoor bars. It's free and a great spot for surf lessons or simply soaking up the sun.
  • Fort Tilden Beach: Part of the Gateway National Recreation Area, this beach features nature walks and historical fortifications built in 1917.
  • Jacob Riis Park Beach: Another beautiful beach within the Gateway National Recreation Area, known for its scenic views and recreational activities.

Food and Drink

  • Tacoway Beach: Savor some of the best tacos in the city at this popular beachside eatery.
  • Rockaway Brewing Company: A local favorite for craft beer and a relaxed atmosphere.

Shopping and Activities

  • Breezy Point Surf Shop: Ideal for surf gear and lessons, as well as other beach essentials.
  • Vintage Shops: Explore the various vintage shops along the Rockaway Beach area for unique finds.

Historical Sites

  • Far Rockaway Beach Bungalow Historic District: Admire the historic bungalows and listed properties such as the Russell Sage Memorial Church and Trinity Chapel.

Insider Tips

Getting There

  • Public Transportation: Use the A train (IND Rockaway Line) which stops at various stations along the Rockaway Peninsula, including Far Rockaway. Alternatively, take the Long Island Rail Road's Far Rockaway Branch or use local and inter-county buses.
  • Ferry and Bus Services: Consider the NYC ferry system or the OvR Rockaway Beach Bus for a convenient and fun trip, especially during weekends from Memorial Day to Labor Day.

Local Events

  • Check Local Calendars: Keep an eye on local event calendars for farmers markets, festivals, and other community events that can enhance your guests' experience.

Dining and Nightlife

  • Affordable Food Trucks: Point your guests towards the affordable and diverse food trucks available along Rockaway Beach.
  • Outdoor Bars: Recommend the outdoor bars for a relaxed evening with great views of the beach.

Historical and Cultural Experiences

  • Far Rockaway Library: Inform your guests about the new library designed by Snøhetta, which is a significant architectural addition to the area.
  • Historical Tours: Suggest self-guided or guided tours to explore the historical sites and fortifications in the area, such as Fort Tilden.

By providing these local attractions and insider tips, you can help your Airbnb guests make the most of their visit to Far Rockaway, New York.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Far Rockaway, New York

To ensure a smooth and enjoyable experience for both you and your guests, several practical tips can be implemented when running a short term rental business in Far Rockaway, New York.

Noise Regulations and Quiet Hours

Inform your guests about noise regulations and quiet hours to maintain a respectful environment for neighbors. Clearly outline these rules in your rental agreement and provide a reminder in both digital and physical house manuals.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also cover house rules, including noise regulations, to avoid any misunderstandings.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, along with photos and videos to help them navigate any specific steps, such as parking instructions. This ensures a hassle-free arrival and sets a positive tone for their stay.

Additional Amenities and Instructions

Include photos and detailed instructions for parking, especially if the property has specific parking spots or restrictions. This attention to detail will help reduce potential issues and enhance the overall guest experience, contributing to positive reviews and repeat bookings. By focusing on these aspects, you can build a reputation for a well-managed and guest-friendly short term rental business in Far Rockaway.

Local Vendors

Here is a brief list of house cleaning services in Far Rockaway, New York:

House Cleaning Services in Far Rockaway, NY

Maid Sailors

  • Offers house cleaning services in Far Rockaway.
  • Schedule and book appointments online.
  • Contact: 212-299-5170 or team@maidsailors.com.

Planet Maids

  • Local home cleaning service professionals.
  • Cleaners are background checked and insured.
  • Pledge to clean thoroughly and reliably.

Homeaglow

  • Top-rated house cleaners in Far Rockaway.
  • Professional, affordable, and background-checked.
  • Book your first 3-hour clean starting at $19.

Care.com House Cleaning Services

  • List of 14 affordable house cleaning options.
  • Search by rates, reviews, experience, and more.
  • Starting at $19.85/hr.

Angie's List House Cleaners

  • List of top-rated house cleaners in Far Rockaway.
  • Read real reviews and see ratings for free.
Management fees

Short-Term Rental Management Fees in Far Rockaway, New York: A Comprehensive Guide

Managing short-term rentals in Far Rockaway, New York, involves a range of fees that can significantly impact your revenue. Typically, property management fees for short-term rentals in this area range from 10% to 30% of the rental income, depending on the level of service provided. Full-service management, which includes guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often ranging between 25% to 30% of the rental income. In contrast, basic services may incur lower fees, usually around 10% to 20%. Additionally, property owners may need to account for extra fees such as cleaning services, repairs, and design or setup costs, which can add to the overall expense of managing a short-term rental property in Far Rockaway.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Far Rockaway should generate as a short term rental and look at the performance of properties around yours.

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Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Far Rockaway.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
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⇤ Airbnb Statistics for New York