8409 Rockaway Blvd - Apartments FOR SALE


Ozone Park, NY 11416
$1,729,000 USD
347-450-3577
8409 Rockaway Blvd, Ozone Park, NY for Sale
$1,729,000 USD
Apartments - FOR SALE
1/21
null | 7.5% Cap Rate

8409 Rockaway Blvd
Ozone Park, NY 11416


HIGHLIGHTS

  • Delivered Vacant
  • Mixed-Use 2 Family + Store on Extra Large Lot! Great Investment & Development Opportunities!
  • High foot traffic, thousand of vehicles pass by daily
  • Development Opportunity! Zoning Analysis is available upon request

OVERVIEW

Mixed-Use 2 Family + Store on Extra Large Lot! Great Investment & Development Opportunities! This large mixed-use property has a ton of potential. It has a development opportunity with 10,506 buildable square feet (Architectural Zoning Analysis is available upon request). It is also great for an investor who is looking for a projected CAP rate of 7.5%. An end user can occupy the commercial space and run their business while collecting rents from 2 residential units. Another great business opportunity: this location was an established Veterinary Hospital for many years so it is a perfect spot to begin again. The property will be delivered vacant. Great location! The property is located on Rockaway Blvd with lots of stores, restaurants and shopping; only 5 blocks to the Liberty Ave A train station; 2 blocks to Atlantic Ave; close to local and express bus stops on Woodhaven Blvd. 1st Floor: Commercial Unit - Used to be occupied by a veterinarian’s office. Now it is great for any business - Large, full finished basement that was used as a medical room with office space and storage - Additional building at the back offers more space to enhance any business 2nd Floor: - Two Spacious Apartments (1BR/1BTH layouts) - Eat in Kitchens - Full bathrooms Other features include a full finished basement with 2 separate entrances giving easy access to the large fenced backyard; backyard has a built out shed (used as storage for the vet’s office) w/ a double garage; private driveway fits approximately 4-5 cars. Building: 32 × 60 ft Lot: 64.25 × 125.58 ft Zoning: R6B, C2-3 FAR: 0.73; Max FAR: 2 Taxes: $8,700/Yr Don’t Miss this Opportunity! Contact For a Viewing TODAY! Stellina Napolitano 646-372-7145 Capri Jet Realty 718-388-2188 *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.

FOR SALE DETAILS

PRICE

$1,729,000 USD

PRICE/SF

$453 USD /SF

# OF UNITS

3

PRICE/UNIT

$576,333

CAP RATE

7.5%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,248 SF

ZONING

R6B, C2-3

APN/PARCEL ID

09017-0025

ASK ABOUT THIS PROPERTY

Robert NapolitanoCapri Jet RealtyMore Info
347-450-3577

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Robert NapolitanoCapri Jet RealtyMore Info
347-450-3577

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