92-02 Rockaway Beach Blvd - Storefront Retail/Residential FOR SALE


Rockaway Beach, NY 11693
$5,250,000 USD
917-716-7751
92-02 Rockaway Beach Blvd, Rockaway Beach, NY for Sale
$5,250,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | 5.65% Cap Rate

92-02 Rockaway Beach Blvd
Rockaway Beach, NY 11693


HIGHLIGHTS

  • Corner Lot
  • 100% Full leased with Steady long term tenants
  • Two Blocks from Beach, Subway, Cross Bay Bridge
  • Located on busy shopping strip

OVERVIEW

GREINER-MALTZ has been retained on an exclusive basis to handle the sale of this 100% fully leased property in FAR ROCKAWAY. As quoted by many sources , Far Rockaway is quickly developing into the new Miami with new posh developments going up along the shore line. Located on a busy shopping strip, this building is in excellent condition, has steady long term paying tenants which are staples in the neighborhood and benefit from repeat business and one 3 BR apt located on the 2nd fl. which has been there for a while. The building is very centrally located: Two Blocks from the Beach, Two Block from the Subway Station. Two Blocks from Cross Bay Memorial Bridge. One Block from Municipal Parking lot Same block as Police and Fire . Excellent 1031 opportunity if you need to park money. Hard to see where you go wrong with this cash cow of a property. Call Eitan at 917-716-7751 for more details.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$420 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

R6, Queens, (G9), C2-3

APN/PARCEL ID

16127-0016

ASK ABOUT THIS PROPERTY

Eitan HakamiGreiner-Maltz Company of New York, Inc.More Info
917-716-7751

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Eitan HakamiGreiner-Maltz Company of New York, Inc.More Info
917-716-7751

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