100 Jericho Quad, Suite 235 Jericho, NY 11753 (C) 516.238.4704

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  • Calling All Investors, Developers & End-Users!!! MAJOR 42, 522 Sqft. Queens Development Site For Sale Featuring Pro Forma 9.95 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. Smoke Shop: $31, 200 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) Pro Forma Gross Income: $840, 740 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): $691, 578.96 Ann. (Pro Forma 9.95 Cap!!!) 7
    621-627 Beach 20th Street Far Rockaway, NY 11691
    $6,950,000
    $6,450,000
    Mixed Use Commercial PRICE REDUCED ML# 3531678
    Calling All Investors, Developers & End-Users!!! MAJOR 42, 522 Sqft. Queens Development Site For Sale Featuring Pro Forma 9.95 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. Smoke Shop: $31, 200 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) Pro Forma Gross Income: $840, 740 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): $691, 578.96 Ann. (Pro Forma 9.95 Cap!!!)
    Presented By: All Island Estates Realty Corp  516-783-5600
    Call Today: 516.238.4704, or  Email: Bart Bleiweiss
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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 BartBleiweiss are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Bart Bleiweiss
Licensed Associate Real Estate Broker
Cell: 516.238.4704
bart@icr.homes

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100 Jericho Quad, Suite 235 Jericho, NY 11753 (C) 516.238.4704
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