East Rockaway NY Commercial for Sale
$1,500,000
70 Front St East Rockaway, NY 11518
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- 3579149
View additional info
Courtesy: Home and Hearth of Long Island
516-544-4200
ADDITIONAL INFORMATION
This great investment property is located in the village of East Rockaway. It is a mixed-use building featuring a waterfront commercial space and a spacious four-bedroom, one-bathroom apartment with a terrace overlooking a canal. On the ground floor, a warehouse with a 14x14 overhead door boasting 16-foot ceilings, an office area, and a full bath. Additionally, the property comes with three boat slips and a dock.
$1,500,000
76 Front St East Rockaway, NY 11518
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1954
- Baths:
- MLS#:
- 3553643
View additional info
Courtesy: Charles Rutenberg Realty Inc
516-575-7500
ADDITIONAL INFORMATION
Formerly Saltaire Marina. 2 Buildings on Approx 12,670 property w/ One Income producing building. 160 feet of New Bulkhead. Permitted for 31 Docks. Excellent opportunity for Development. Located on East Rockaway Channel out to Reynolds Channel. Calling All Builders or Investors. Unique Opportunity., See Attachments for Survey and Doc Plan.
$3,350,000
4 Centre Ave East Rockaway, NY 11518
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.64 Acres
- Year built:
- 1936
- Baths:
- MLS#:
- 3542531
View additional info
Courtesy: All Island Estates Realty Corp
516-783-5600
ADDITIONAL INFORMATION
Calling All Investors & Developers!!! 18 Unit Mixed-Use Property/ Development Site For Sale!!! The Property Features Excellent Signage, Great Exposure, 8 Buildings, Solid Tenants, 30+ Parking Spaces, 11 Apartments, 6 Stores & 1 Office, Separate Meters, New Roof, New Siding, New AC Units, New Hardwired Fire Alarms, New Appliances, New Bathrooms, +++!!! 4-12 Centre Avenue Is Situated On A HUGE 27,718 Sqft. Lot!!! The Property Is Located The Heart Of East Rockaway; Only 100' Away From The Centre Avenue LIRR Train Station!!! Neighbors Include CVS, Wendy's, Chase, 7-Eleven, Dunkin', Stop & Shop, +++!!! This Property Offers HUGE UPSIDE Potential! This Could Be Your Next Investment Property/ Development Site!!! Income: 4 Upper (Huge 3 Br, 2 Bath Apt.): $ 28,200 Ann.; M-M (Pro Forma $43,800 Ann.) (1,682 Sqft.) M-M. 4 Lower (Huge 2 Br, 1 Bath Apt.): $20,700 Ann.; M-M (Pro Forma $34,200 Ann.) (1,345 Sqft.) M-M. 4B Commercial (Pet Groomer): $24,840 Ann.; Lease Exp. 3/31/25; 3% Ann. Inc.. (Pro Forma $30,000 Ann.) (944 Sqft.) 4A Commercial (Jewelry Store): $13,920 Ann.; Lease Exp. M-M; 3% Ann. Inc. (Pro Forma $18,600 Ann.) (550 Sqft.) 6 Upper (Large 1 Br, 1 Bath Apt.): $24,000 Ann.; Lease Exp. 4/30/24 (Pro Forma $28,800 Ann.) (740 Sqft.) 6 Lower (Large Studio Apt.): $17,268 Ann.; M-M (Pro Forma $19,800 Ann.) (493 Sqft.) 6 Commercial (Wedding Dress Couture): $10,800 Ann.; M-M. (Pro Forma $14,400 Ann.) (312 Sqft.) 6 Office (312 Sqft.): $9,600 Ann. (Available) Yard: $36,000 Ann. (Available) 8A (Large Studio Apt.): $21,600 Ann.; M-M (439 Sqft.) 8B (Large1 Br, 1 Bath Apt.): $14,100 Ann.; M-M (Pro Forma $27,000 Ann.) (658 Sqft.) 8C (Large Studio Apt.): $16,800 Ann.; M-M (Pro Forma $19,800 Ann.) (439 Sqft.) 8D (Large Studio Apt.): $15,600 Ann.; M-M (439 Sqft.) 8E (Large 1 Br, 1 Bath Apt.): $17,700 Ann.; M-M (Proforma $26,800 Ann.) (658 Sqft.) 8 Commercial (Convenience Store): $39,000 Ann.; Lease Exp. 12/31/25; 3% Ann. Inc.; (Proforma $38,400 Ann.) (1,100 Sqft.) 8 Commercial (Pizzeria): $32,400 Ann.; Lease Exp. 12/31/24; 3% Ann. Inc. (782 Sqft.) 8 Commercial (Elia's Couture): $21,600 Ann.; M-M (Proforma $36,000 Ann.) (782 Sqft.)1 12 Upper (2 Br, 1 Bath Apt.): $28,800 Ann.; M-M (Available) (867 Sqft.) 12 Lower (3 Br, 2 Bath Apt.): $30,600 Ann.; M-M (Proforma $43,200 Ann.) (1,146 Sqft.) 12 Restaurant (Fusion II Deli): $31,200 Ann.; Lease Exp. 1/31/25; 3% Ann. Inc.(834 Sqft.) Current Gross Income: $380,328 Ann. Proforma Gross Income: $556,000 Ann. Expenses: Gas: $9,000 (Apartment Only Heat) Electric: $500 (Exterior Light Only) Maintenance & Repairs: $850 Insurance: $6,300 Taxes: $104,000 Water: $2,000 Landscape: $0 Snow Removal: $800 Total Expenses: $123,450 Ann. Net Operating Income (NOI): $432,550 (Pro Forma 12.91 Cap!!!)
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East Rockaway Real Estate
The median home value in East Rockaway, NY is $547,000. This is lower than the county median home value of $676,200. The national median home value is $338,100. The average price of homes sold in East Rockaway, NY is $547,000. Approximately 68.21% of East Rockaway homes are owned, compared to 21.05% rented, while 10.75% are vacant. East Rockaway real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a East Rockaway real estate agent to arrange a tour today!
East Rockaway, New York has a population of 10,108. East Rockaway is less family-centric than the surrounding county with 30.49% of the households containing married families with children. The county average for households married with children is 35.86%.
The median household income in East Rockaway, New York is $108,052. The median household income for the surrounding county is $126,576 compared to the national median of $69,021. The median age of people living in East Rockaway is 40.4 years.
East Rockaway Weather
The average high temperature in July is 82 degrees, with an average low temperature in January of 25.4 degrees. The average rainfall is approximately 44.8 inches per year, with 23 inches of snow per year.