13502 Rockaway Blvd
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13502 Rockaway Blvd
5 Unit Apartment Building $1,667,700 ($333,540/Unit) 10% Cap Rate Jamaica, NY 11420
Investment Highlights
- 10% Cap Rate-Mixed Use Cash Cow, Store, 3 apartments and Garage/Shop
- New Roof & newly renovated units.
- Easy Access to Public Transportation & all highways
Executive Summary
Store $4500 new lease
3 bedroom apt $3800 leased
1 bedroom apt $2100 leased
3 bedroom apt vacant $3,200
Garage/shop $2500 leased
Total yearly income $192,924
Total yearly expenses (tax, insurance, utilities) taxes $16,700, insurance $5,000, common utilities $4454
Total Annual expenses: $26,154
NOI: $166,770
3 bedroom apt $3800 leased
1 bedroom apt $2100 leased
3 bedroom apt vacant $3,200
Garage/shop $2500 leased
Total yearly income $192,924
Total yearly expenses (tax, insurance, utilities) taxes $16,700, insurance $5,000, common utilities $4454
Total Annual expenses: $26,154
NOI: $166,770
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$192,924
|
$42.81
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$192,924
|
$42.81
|
| Taxes |
$16,700
|
$3.71
|
| Operating Expenses |
$9,454
|
$2.10
|
| Total Expenses |
$26,154
|
$5.80
|
| Net Operating Income |
$166,770
|
$37.01
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $192,924 |
| Annual Per SF | $42.81 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $192,924 |
| Annual Per SF | $42.81 |
| Taxes | |
|---|---|
| Annual | $16,700 |
| Annual Per SF | $3.71 |
| Operating Expenses | |
|---|---|
| Annual | $9,454 |
| Annual Per SF | $2.10 |
| Total Expenses | |
|---|---|
| Annual | $26,154 |
| Annual Per SF | $5.80 |
| Net Operating Income | |
|---|---|
| Annual | $166,770 |
| Annual Per SF | $37.01 |
Property Facts
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Walk Score ®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 11759-0041 | Total Assessment | $157,590 |
| Land Assessment | $76,050 | Annual Taxes | $16,700 ($3.71/SF) |
| Improvements Assessment | $81,540 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
11759-0041
Land Assessment
$76,050
Improvements Assessment
$81,540
Total Assessment
$157,590
Annual Taxes
$16,700 ($3.71/SF)
Tax Year
2024
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13502 Rockaway Blvd LLC
13502 Rockaway Blvd
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