10801 Rockaway Blvd - Storefront Retail/Residential FOR SALE


South Ozone Park, NY 11420
$1,600,000 USD
646-836-9264
10801 Rockaway Blvd, South Ozone Park, NY for Sale
$1,600,000 USD
Storefront Retail/Residential - FOR SALE
1/6
null | 5.55% Cap Rate

10801 Rockaway Blvd
South Ozone Park, NY 11420


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$808 USD /SF

CAP RATE

5.55%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R4

APN/PARCEL ID

11475-0006

ASK ABOUT THIS PROPERTY

Peter KimPointbridge CREMore Info
646-836-9264

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Peter KimPointbridge CREMore Info
646-836-9264

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.