11914 Rockaway Blvd - Storefront FOR SALE


South Ozone Park, NY 11420
$2,230,000 USD
718-309-6944
11914 Rockaway Blvd, South Ozone Park, NY for Sale
$2,230,000 USD
Storefront - FOR SALE
1/3
null | 7% Cap Rate

11914 Rockaway Blvd
South Ozone Park, NY 11420


HIGHLIGHTS

  • This property is a recently built, well-configured retail asset featuring high ceilings, substantial square footage, and flexible zoning. Strategicall

OVERVIEW

11914-11920 Rockaway Boulevard includes 4 retail store front buildings measuring 20x43 with 20 foot high ceilings. The high ceilings offer the potential for a second floor and more income. The buildings was completed in 2007. The current leases are all Gross leases , which helps keep the expenses very low. This is a high cash flow investment with a lot of upside. The surrounding 1-mile radius is home to over 64,000 residents, with a median household income nearing $87,000 . Strong pedestrian traffic: Walk Score of 89, Transit Score of 63, ideal for community-serving retail . Immediate area businesses include mobile retail , fashion boutiques , delis, and health services—a well-established retail ecosystem

FOR SALE DETAILS

PRICE

$2,230,000 USD

PRICE/SF

$655 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

R3-2, C2-3

APN/PARCEL ID

11712-0042

ASK ABOUT THIS PROPERTY

Khalid RafeyCentury Homes Realty Group LLCMore Info
718-309-6944

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Khalid RafeyCentury Homes Realty Group LLCMore Info
718-309-6944

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