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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1063386
Rental Info No
Annual Tax Amount $31,000
Property Sub-Type Mixed Use
Source onekey2
Property Description
Prime Corner Mix-use Investment Opportunity in South Ozone Park
108-01 Rockaway Blvd, South Ozone Park 11420
Asking Price 1,500.000 Positioned on the prominent along Rockaway Blvd
this income producing property mix use includes 2 commercial spaces currently occupied by a
barber shop and a pawn shop, along with a 4 bedroom apartment on the upper level. Its corner location provides excellent street visibility ,while the blend of commercial and residential components creates diversified income potential.
The property generates rental income of $11,280 per month or 135,360 annually ,With annual operating expenses of approximately43,000, thee noi is estimated 92,360 reflecting a 6.16 % cap rate at the asking price.
Add this strategically located corner mix use to property to your investment portfolio.
108-01 Rockaway Blvd, South Ozone Park 11420
Asking Price 1,500.000 Positioned on the prominent along Rockaway Blvd
this income producing property mix use includes 2 commercial spaces currently occupied by a
barber shop and a pawn shop, along with a 4 bedroom apartment on the upper level. Its corner location provides excellent street visibility ,while the blend of commercial and residential components creates diversified income potential.
The property generates rental income of $11,280 per month or 135,360 annually ,With annual operating expenses of approximately43,000, thee noi is estimated 92,360 reflecting a 6.16 % cap rate at the asking price.
Add this strategically located corner mix use to property to your investment portfolio.
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Available
Building
Sewer Public Sewer
Water Public
Structure Type Unknown
Schools
High Schools Queens 27
School District Queens 27
Others
Special Listing Condition None
Listed by Akcess24Homes Inc • Moheed Oasman
Nearby Locations
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Jeffrey Jimenez
Licensed Real Estate Salesperson License ID: 10401267947