Description
Calling All Investors, Developers & End-Users!!! OPPORTUNITY ZONE 15,000 Sqft. 3 Unit Free Standing Building With Private Parking Lot For Sale!!! The Property Features Great Exposure, Excellent Signage, R6/C2-4/DFR Zoning, 12 Parking Spaces In A Private Gated Lot, High 20' Ceilings, Strategically Placed Curb Cut, Separate Meters, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Far Rockaway Minutes From The Rockaway Fwy. In Between Beach Channel Dr. & Seagirt Blvd.!!! Neighbors Include Walmart, Chase Bank, CitiBank, Wyndham Hotels, BP Gas, U-Haul, CVS, T-Mobile, Boost Mobile, Dunkin', McDonald's, Key Food, Papa John's, Domino's, Popeye's, Dollar General, Golden Krust, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Community Center (37,50 Sqft.): $147,600 Ann.; 3% Ann. Inc; Lease Exp.: 2027 + (1) 5 Year Option. 2nd Floor (3,750 Sqft.): $112,500 Ann. (Available) 3rd Floor (3,750 Sqft.): $127,500 Ann.(Available) LL (3,750 Sqft.): $68,200 Ann. (Available) Pro Forma Gross Income: $455,800 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $0 Ann. Insurance: $3,823 Ann. Flood Insurance: $3,000 Ann. Taxes: $23,265.32 Ann. Total Expenses: $30,338.32 Ann. Net Operating Income (NOI): $425,461.68 Ann. (Pro Forma 20.26% Cap!!!) Reply, Reply All or Forward
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School Ratings & Info
Description
Calling All Investors, Developers & End-Users!!! OPPORTUNITY ZONE 15,000 Sqft. 3 Unit Free Standing Building With Private Parking Lot For Sale!!! The Property Features Great Exposure, Excellent Signage, R6/C2-4/DFR Zoning, 12 Parking Spaces In A Private Gated Lot, High 20' Ceilings, Strategically Placed Curb Cut, Separate Meters, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Far Rockaway Minutes From The Rockaway Fwy. In Between Beach Channel Dr. & Seagirt Blvd.!!! Neighbors Include Walmart, Chase Bank, CitiBank, Wyndham Hotels, BP Gas, U-Haul, CVS, T-Mobile, Boost Mobile, Dunkin', McDonald's, Key Food, Papa John's, Domino's, Popeye's, Dollar General, Golden Krust, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Community Center (37,50 Sqft.): $147,600 Ann.; 3% Ann. Inc; Lease Exp.: 2027 + (1) 5 Year Option. 2nd Floor (3,750 Sqft.): $112,500 Ann. (Available) 3rd Floor (3,750 Sqft.): $127,500 Ann.(Available) LL (3,750 Sqft.): $68,200 Ann. (Available) Pro Forma Gross Income: $455,800 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $0 Ann. Insurance: $3,823 Ann. Flood Insurance: $3,000 Ann. Taxes: $23,265.32 Ann. Total Expenses: $30,338.32 Ann. Net Operating Income (NOI): $425,461.68 Ann. (Pro Forma 20.26% Cap!!!) Reply, Reply All or Forward
© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-07-09T14:19:30.36.