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  • 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!!!) 7
    621-627 Beach 20th Street Far Rockaway, NY 11691
    $6,950,000
    Mixed Use Commercial ML# 3531678
    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!!!)
    Presented By: All Island Estates Realty Corp  516-783-5600
    Call Today: 516-783-5600, (516) 279-8828, 516-279-8828, or  Email: Richard Matt Shane
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OneKey™ MLS The data relating to real estate for sale on this web site comes in part from the OneKey™ MLS. Real Estate listings held by brokerage firms other than All Island Estates Realty Corp are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

516.783.5600

3242 Railroad Ave., Wantagh, NY 11793


516.783.4540

3950 Merrick Road, Seaford, NY 11783, USA

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