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
1/12
null | 7.19% Cap Rate

4-12 Centre Ave
East Rockaway, NY 11518


HIGHLIGHTS

  • For Sale: (6) Commercial & Residential Buildings in East Rockaway, NY
  • One Vacancy - Provides for a Great Lease-Up 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

OVERVIEW

At this location are 6 commercial and residential buildings. There is currently one vacancy which provides for a great lease-up 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

7.19%

% 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

-

APN/PARCEL ID

2005-38-501-00-0002-0

ASK ABOUT THIS PROPERTY

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

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

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