Storefront Retail Residential For Sale • 16,360 SF
Calling All Investors, Developers & End-Users!!! MAJOR 42,522 Sqft. Queens Development Site For Sale Featuring Proforma 9.5 Cap 11 Unit Mixed-Use Bldg |
The Property Features Great Exposure, Excellent Signage, Strong R5/C1-2 Zoning, 138 Parking Spaces, High 10’ Ceilings, 4 Lots, 8 Apartments, +++!!! |
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, +++!!! |
This Property Offers HUGE Upside Potential!!! |
This Could Be Your Next Development Site / The Next Home For Your Business!!! |
Cap Rate: | 10.72 % |
Total Expenses: | $149,161 USD |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Far Rockaway Station (Far Rockaway Branch - Long Island Rail Road) | 3 min | 11 min | 0.6 mi |
Inwood Station (Far Rockaway Branch - Long Island Rail Road) | 3 min | 20 min | 1.1 mi |
Transit/Subway | Drive | Walk | Distance |
Far Rockaway-Mott Avenue (A - New York MTA Subway (The Subway)) | 2 min | 5 min | 0.3 mi |
Beach 25 Street (A - New York MTA Subway (The Subway)) | 2 min | 10 min | 0.6 mi |
Beach 36 Street (A - New York MTA Subway (The Subway)) | 3 min | 19 min | 1.0 mi |
Airport | Drive | Walk | Distance |
John F Kennedy International | 20 min | - | 10.2 mi |
Laguardia | 29 min | - | 16.0 mi |
Newark Liberty International | 56 min | - | 35.7 mi |
Parking Available: | Yes |
Reserved: | No |
Type: | Surface |
Included in Rent: | Yes |