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- LoopNet Team
92-02 Rockaway Beach Blvd
Rockaway Beach, NY 11693
Retail Property For Sale
Investment Highlights
- Mixed use
- 2 Blocks from the Beach
- Near Mass Transit
- High Visibility
- Fully Leased
PROPERTY FACTS
Amenities
- Corner Lot
About 92-02 Rockaway Beach Blvd , Rockaway Beach, NY 11693
**CALL EITAN HAKAMI 917.716.7751 - THE LISTING AGENT - FOR MORE INFORMATION** This exclusive listing cash flowing property is a visionary’s dream in the up and coming Far Rockaway neighborhood where developments are popping up left and right and NYC approved a $139M development of infrastructure and street upgrades . See link - https://ny.curbed.com/2019/9/24/20880378/far-rockaway-rezoning-infrastructure-street-redesign. Located on a busy commercial strip serviced by mass transit, and only 2 blocks from the beach in the up and coming Far Rockaway area. Building is fully occupied with 6 long term tenants; 5 retail, and 1 Residential on the second floor and nets close to $300K cash after all expenses including taxes. Current FAR values would allow to built 14,310 SF with Residential FAR and a total of 21,200 Sqft. With Facility FAR.
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