Far Rockaway NY Commercial for Sale

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Type:
Other
Sq.Ft.:
17,430
Status:
Active
Beds:
n/a
Lot size:
0.29 Acres
Baths:
MLS#:
806863

ADDITIONAL INFORMATION

LOT SQ FT 12,971, ZONING C3, LOT DIMENSIONS: 98X125, RESIDENTIAL FAR: 0.6, COMMERCIAL FAR: 0.5, FACILITY FAR: 1 ALLOWED USABLE FLOOR AREA TO BUILD: 7318 SF

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
L3593902

ADDITIONAL INFORMATION

Auto Mechanic repair shop with 2 Bay, 1 car lift, 1 Mag welding machine, tools, 1 engine stand and electric/ gas welder. All info must be independently verified

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
L3567619

ADDITIONAL INFORMATION

Great Investment Opportunity! Lot Size 115 x 53 Irregular, 5,156 Sq. Ft., Zoning R4-1, R5. Presently being used as a Parking Lot. Holds up to 23 Parking Spots.

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Baths:
MLS#:
3567619

ADDITIONAL INFORMATION

Great Investment Opportunity! Lot Size 115 x 53 Irregular, 5,156 Sq. Ft., Zoning R4-1, R5. Presently being used as a Parking Lot. Holds up to 23 Parking Spots.

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1931
Baths:
MLS#:
3565534

ADDITIONAL INFORMATION

Location! Location! attention Investors / Builders. Prime Location on Mott Ave business district with approx. 8,000 sq feet, 50 Feet Frontage on Mott Ave ,2 stores plus 4 family (vacant) with back lot # 215 included. All info must be independently verified

Type:
General Commercial
Sq.Ft.:
43,120
Status:
Active
Beds:
n/a
Year built:
1927
Baths:
MLS#:
L3563773

ADDITIONAL INFORMATION

Introducing a rare opportunity in Far Rockaway, Queens: A 40 unit residential building containing an adjacent lot with possibilities for expansion or additional development. The existing building boasts a mix of newly renovated 1-2 bedroom apartments. This is an ideal investment for developers seeking to capitalize on the burgeoning demand for quality housing in the Far Rockaway area. Situated in a sought-after neighborhood, this property enjoys proximity to both the vibrant communities of the Five Towns and the scenic coastline of Rockaway. Residents benefit from excellent transportation links, including easy access to major highways, the Long Island Rail Road, and multiple bus routes, ensuring seamless connectivity to Manhattan and surrounding areas. The building is equipped with advanced security systems, including 24/7 surveillance cameras, secure entry points and a live in Superintendent. The nearby Rockaway Beach and local parks offer excellent recreational opportunities. This property generates substantial rental income, making it an attractive investment for both new and seasoned investors. Far Rockaway is undergoing significant development and revitalization, promising potential for property value appreciation. Given its strategic location near thriving communities and continuous urban development, the property is poised for significant appreciation in value over the coming years. All information was accessed from public record and the owner and deemed to be accurate however buyer and buyers agent must verify. Taxes do not reflect the J51 tax abatement of $17,927 per year for the next 15 years. As per public record, lot 119 is 18808 sq ft & lot 72 is 8181 sq ft., Additional information: Rental Income:Y, Building Size:43120

Type:
Retail
Sq.Ft.:
16,360
Status:
Active
Beds:
n/a
Year built:
1931
Baths:
MLS#:
L3531678

ADDITIONAL INFORMATION

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!!!)

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
3504938

ADDITIONAL INFORMATION

Great Investment Opportunity! Lot Size 115 x 53 Irregular, 5,156 Sq. Ft., Zoning R4-1, R5. Presently being used as a Parking Lot. Holds up to 23 Parking Spots.

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2008
Baths:
MLS#:
3501557

ADDITIONAL INFORMATION

Amazing investment opportunity with 4 units of rental income with a net operating income of $112,950 ($136,692 in rental income & $23,742 in expenses). One of the greatest features of this building is 3 separate heating systems, 3 gas meters, and 3 electric meters so owner has zero utility expenses! The first floor of this 4,800 square foot building is a large well kept doctors office with a waiting room, a receptionist room, 5 possible exam rooms, and a half bathroom. Also on the first floor is a medical laboratory with its own separate entrance, a waiting room, an exam room, and a half bath. On the 2nd floor are two, 2 bedroom apartments both in mint condition. There is parking for at least 6 cars in the front while there is also two private driveways on each side of the building. There is also a large well kept backyard.

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1932
Baths:
MLS#:
3462859

ADDITIONAL INFORMATION

Calling All Investors, Developers & End-Users!!! 16.84 Cap 10 Free Market Apartments On A Huge Lot For Sale!!! The Property Features Great Exposure, Excellent Signage, 12 Parking Spaces, High Ceilings, 4 Family House, 2 Family House, (2) 2 Family Bungalows, Separate Meters, A/C, +++!!! The Property Is Located In The Heart Of Far Rockaway Minutes From The Rockaway Freeway!!! Neighbors Include Walmart, Chase Bank, Wyndham Hotels, BP Gas, U-Haul, CVS, T-Mobile, Boost Mobile, McDonald's, Key Food, Papa John's, Domino's, Popeye's, Dollar General, Golden Krust, +++!!! The Whole Property Can Be Delivered Vacant!!! This Could Be Your Next Development Site / Investment Property!!! Income: 416: 2 Units In Front House + 2 Units In Rear Detached Bungalow 1st Floor: 3 Br. Apt.: $32,400 Ann. (Available) 2nd Floor: 2 Br. Apt.: $26,400 Ann. (Available) Bungalow Left: 2 Br. Apt.: $20,400 Ann. M-M; Been There 8 Years. Bungalow Right: 1 Br. Apt.: $19,200 Ann. (Available) Studio Apt.: $18,000 Ann. (Available) Proforma Gross Income: $116,400 Ann. 420: 2 Front Units + 2 Side Units + 2 Units In Detached Rear Bungalow Unit 1F: 2 Br. Apt.: $32,400 Ann. (Available) Unit 2F: 2 Br. Apt.: $32,400 Ann. (Available) Unit 1R: 2 Br. Apt.: $19,200 Ann. M-M; Been There 5+ Years. Unit 2R: 1 Br. Apt.: $18,600 Ann. M-M. (Available) Bungalow Left: 2 Br. Apt.: $19,200 Ann. (Available) Bungalow Right: 2 Br. Apt.: $25,200 Ann. (Available) Proforma Gross Income: $102,600 Ann. Total Proforma Gross Income: $263,400 Ann. Expenses: Gas: $4,500 Ann. Electric: $3,100 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $5,800 Ann. Insurance: $6,000 Ann. Flood Insurance: $2,000 Ann. Taxes: $39,502 Ann. Total Expenses: $61,152 Ann. Net Operating Income (NOI): $202,048 Ann. (Proforma 16.84 Cap!!!)

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Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listings courtesy of One Key MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 11/13/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2024, OneKey MLS, Inc. All Rights Reserved.



Far Rockaway Real Estate

The median home value in Far Rockaway, NY is $530,000. The national median home value is $338,100. The average price of homes sold in Far Rockaway, NY is $530,000. Far 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 Far Rockaway real estate agent to arrange a tour today!

Far Rockaway, New York has a population of 5,266.

The median household income in Far Rockaway, New York is $65,298. 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 Far Rockaway is 31.4 years.

Far Rockaway Weather

The average high temperature in July is 82.8 degrees, with an average low temperature in January of 25.7 degrees. The average rainfall is approximately 45.8 inches per year, with 23.9 inches of snow per year.

Far Rockaway Real Estate Market Conditions

  • Median sales price

    $530,000
    -3276800% change since last quarter
  • # Active listings

    85
    30-day change

Far Rockaway Schools and Demographics

Education near Far Rockaway, NY

Metric City County
High School Graduates 72.93 91.7
College Degree - 2 year 7.06 7.96
College Degree - 4 year 18.62 47.48
Graduate Degree 4.22 14.94
Expenditures per Student 31,321 31,321
Students per Teacher 12.1 12.1

Elementary Schools near Far Rockaway, NY

School Grades Students P/T Ratio ZIP
2 School 01 - 04 409 11.4 11096
4 School PK - KG 338 17.8 11096
5 School 01 - 04 363 9.3 11516
Challenge Preparatory Charter School KG - 05 494 14.5 11691
Goldie Maple Academy PK - 08 535 16.2 11692
Peninsula Preparatory Academy Charter School KG - 05 324 324 11691
PS 104 the Bays Water PK - 05 707 14.4 11691
PS 105 the Bay School PK - 08 846 14.6 11691
PS 106 PK - 05 213 11.2 11691
PS 197 the Ocean School PK - 05 541 12.7 11691
PS 253 PK - 05 530 13.9 11691
PS 43 PK - 08 996 14.7 11691
PS/Ms 42 R Vernam PK - 08 684 13.2 11692
Wave Preparatory Elementary School PK - 04 433 16 11691

Middle Schools near Far Rockaway, NY

School Grades Students P/T Ratio ZIP
Kappa VI 06 - 08 263 17.5 11691
Lawrence Middle School 05 - 08 776 11.1 11559
Ms 53 Brian Piccolo 06 - 08 352 14.1 11691
PS 215 Lucretia Mott 05 - 05 64 7.1 11691
Village Academy 06 - 08 328 13.1 11691

High Schools near Far Rockaway, NY

School Grades Students P/T Ratio ZIP
Frederick Douglass Academy VI High School 09 - 12 394 19.9 11691
Lawrence Senior High School 09 - 12 949 11 11516
Queens High School for Information, Research and Technology 09 - 12 372 18.6 11691

Ungraded Schools near Far Rockaway, NY

School Grades Students P/T Ratio ZIP
Acadey of Medical Technology - A College Board School 06 - 12 644 13.7 11691

Demographics near Far Rockaway, NY

Metric City County
Neighborhood Type Inner City
Population 5,266 1,391,678
Population Density 6,604 4,890
Median Age 31.4 41.8
People per Household 3.6 3
Median Household Income 65,298 126,576
Average Income per Capita 23,930 55,763