10801RockawayBlvd presents a prime mixed-use investment opportunity located in the high-traffic
commercial corridor of SouthOzone Park, Queens. The property consists of one residential apartment
and two established commercial tenants: EZ Pawn Corp and a barbershop. With stable in-place income
and additional upside potential, this asset is ideal for both long-term investors and value-add buyers.
The property benefits from strong visibility, excellent frontage, and proximity to major thoroughfares
including Rockaway Blvd, the Belt Parkway, and JFK Airport. High daily foot and vehicle traffic
support robust commercial demand.
Based on the current Net Operating Income of $88,888, the property reflects a 5% cap rate valuation
of approximately $1,777,760, with further upside through rental growth and lease restructuring.