Courtesy: All Island Estates Realty Corp
516-783-5600
Calling All Investors, Developers & End-Users!!! MAJOR 42,522 Sqft. Queens Development Site For Sale Featuring Proforma 9.5 Cap 11 Unit Mixed-Use Building With HUGE Yard For Sale!!! The Property Features Great Exposure, Excellent Signage, Strong R5/C1-2 Zoning, 138 Parking Spaces, High 10' Ceilings, 4 Lots, 8 Apartments, 3 Commerical Spaces, HUGE Yard, 2 Strategically Placed Curb Cuts, Separate Meters, CAC, +++!!! The Property Is Located In The Heart Of Far Rockaway Minutes From The Rockaway Fwy. In Between Beach Channel Dr. & Seagirt Blvd. !!! Neighbors Include Walmart, Chase Bank, CitiBank, Wyndham Hotels, BP Gas, U-Haul, CVS, T-Mobile, Boost Mobile, Dunkin', McDonald's, Key Food, Papa John's, Domino's, Popeye's, Dollar General, Golden Krust, +++!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Furniture Store (3,648 Sqft.): $92,620 Ann. M-M. 6 Rooms: $18,960 Ann.; M-M. 7 Rooms: $19,200 Ann.; M-M. 7 Rooms: $13,120 Ann.; M-M. 6 Rooms: $17,640 Ann.; M-M. Parking For 6 Cars: $48,000 Ann.; M-M. Yard (38,000 Sqft.): $600,000 Ann. (Available) Proforma Gross Income: $809,540 Ann. Expenses: Gas: $0 Ann. Electric: $3,100 Ann. Maintenance & Repairs: $2,250 Ann. Water & Sewer: $5,800 Ann. Insurance: $6,000 Ann. Flood Insurance: $3,000 Ann. Taxes: $129,011.04 Ann. Total Expenses: $149,161.04 Ann. Net Operating Income (NOI): $660,378.96 Ann. (Proforma 9.5 Cap!!!)
Courtesy: Perfect Properties Corp
718-327-4800
Four stores fully occupied, busy location in shopping area. Lease expiring in approx. 2 1/2 years. All info must be verified by buyer and their agent. Annual income $123,600 , Annual Insurance $6,000. R/E Tax $26,588
Courtesy: Keller Williams Landmark II
347-846-1200
Great Investment Opportunity! Lot Size 115 x 53 Irregular, 5,156 Sq. Ft., Zoning R4-1, R5. Presently being used as a Parking Lot. Holds up to 23 Parking Spots.
Courtesy: Weichert Realtors Langer Homes
718-479-9200
Amazing investment opportunity with 4 units of rental income with a net operating income of $112,950 ($136,692 in rental income & $23,742 in expenses). One of the greatest features of this building is 3 separate heating systems, 3 gas meters, and 3 electric meters so owner has zero utility expenses! The first floor of this 4,800 square foot building is a large well kept doctors office with a waiting room, a receptionist room, 5 possible exam rooms, and a half bathroom. Also on the first floor is a medical laboratory with its own separate entrance, a waiting room, an exam room, and a half bath. On the 2nd floor are two, 2 bedroom apartments both in mint condition. There is parking for at least 6 cars in the front while there is also two private driveways on each side of the building. There is also a large well kept backyard.
Courtesy: All Island Estates Realty Corp
516-783-5600
Calling All Investors, Developers & End-Users!!! 16.84 Cap 10 Free Market Apartments On A Huge Lot For Sale!!! The Property Features Great Exposure, Excellent Signage, 12 Parking Spaces, High Ceilings, 4 Family House, 2 Family House, (2) 2 Family Bungalows, Separate Meters, A/C, +++!!! The Property Is Located In The Heart Of Far Rockaway Minutes From The Rockaway Freeway!!! Neighbors Include Walmart, Chase Bank, Wyndham Hotels, BP Gas, U-Haul, CVS, T-Mobile, Boost Mobile, McDonald's, Key Food, Papa John's, Domino's, Popeye's, Dollar General, Golden Krust, +++!!! The Whole Property Can Be Delivered Vacant!!! This Could Be Your Next Development Site / Investment Property!!! Income: 416: 2 Units In Front House + 2 Units In Rear Detached Bungalow 1st Floor: 3 Br. Apt.: $32,400 Ann. (Available) 2nd Floor: 2 Br. Apt.: $26,400 Ann. (Available) Bungalow Left: 2 Br. Apt.: $20,400 Ann. M-M; Been There 8 Years. Bungalow Right: 1 Br. Apt.: $19,200 Ann. (Available) Studio Apt.: $18,000 Ann. (Available) Proforma Gross Income: $116,400 Ann. 420: 2 Front Units + 2 Side Units + 2 Units In Detached Rear Bungalow Unit 1F: 2 Br. Apt.: $32,400 Ann. (Available) Unit 2F: 2 Br. Apt.: $32,400 Ann. (Available) Unit 1R: 2 Br. Apt.: $19,200 Ann. M-M; Been There 5+ Years. Unit 2R: 1 Br. Apt.: $18,600 Ann. M-M. (Available) Bungalow Left: 2 Br. Apt.: $19,200 Ann. (Available) Bungalow Right: 2 Br. Apt.: $25,200 Ann. (Available) Proforma Gross Income: $102,600 Ann. Total Proforma Gross Income: $263,400 Ann. Expenses: Gas: $4,500 Ann. Electric: $3,100 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $5,800 Ann. Insurance: $6,000 Ann. Flood Insurance: $2,000 Ann. Taxes: $39,502 Ann. Total Expenses: $61,152 Ann. Net Operating Income (NOI): $202,048 Ann. (Proforma 16.84 Cap!!!)
Far Rockaway is located in New York. Far Rockaway, New York has a population of 5,152.
The median household income in Far Rockaway, New York is $54,575. The median household income for the surrounding county is $105,744 compared to the national median of $57,652. The median age of people living in Far Rockaway is 34.9 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 46.6 inches per year, with 21.2 inches of snow per year.
