13502 Rockaway Blvd - Apartments FOR SALE


Jamaica, NY 11435
$1,999,000 USD
516-790-2112
13502 Rockaway Blvd, Jamaica, NY for Sale
$1,999,000 USD
Apartments - FOR SALE
1/15
null | 8.5% Cap Rate

13502 Rockaway Blvd
Jamaica, NY 11435


HIGHLIGHTS

  • New Roof & newly renovated units.
  • Easy Access to Public Transportation & all highways
  • 8.5% Cap Rate-Mixed Use Cash Cow, Store, 3 apartments and Garage/Shop
  • Store can be delivered vacant or with tenants.

OVERVIEW

High cash flow investment opportunity with 8.5% cap rate! Mixed use store with 3 free market apartments and commercial garage/shop. Store can be delivered vacant or with tenant. All units newly renovated & have current leases with high market rents.Huge basement with good ceiling height the size of entire building, 2,250sf for storage. Low taxes and expenses $17k.

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$444 USD /SF

# OF UNITS

5

PRICE/UNIT

$399,800

CAP RATE

8.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,714 SF

ZONING

-

APN/PARCEL ID

11759-0041

ASK ABOUT THIS PROPERTY

Dennis MelandroDennis MMore Info
516-790-2112

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Dennis MelandroDennis MMore Info
516-790-2112

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