4-12 Centre Ave - Storefront Retail/Residential FOR SALE


East Rockaway, NY 11518
$4,200,000 USD
516-393-2300
4-12 Centre Ave, East Rockaway, NY for Sale
$4,200,000 USD
Storefront Retail/Residential - FOR SALE
1/21
null | 7.23% Cap Rate

4-12 Centre Ave
East Rockaway, NY 11518


HIGHLIGHTS

  • For Sale: (6) Commercial & Residential Buildings in East Rockaway, NY
  • Fully-Occupied Investment Opportunity
  • 111 ft of Frontage on Centre Ave
  • 25-30 On-Site Parking Spaces - Can Add 25 More if Paved
  • Located within Walking Distance to the Centre Ave LIRR Train Station
  • Located on 4 Separate Parcels of Land

OVERVIEW

At this location are 6 commercial and residential buildings. This property is fully-occupied and provides for a great investment opportunity. This property has wide frontage of 111 ft on Centre Ave and is located within walking distance to the Centre Ave LIRR train station.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

7.23%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,718 SF

ZONING

Commercial

APN/PARCEL ID

2005-38-501-00-0002-0,2005-38-501-00-0003-0,2005-38-501-00-0004-0,2005-38-501-00-0008-0

ASK ABOUT THIS PROPERTY

Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

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

Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

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