Far Rockaway NY Commercial for Sale
$225,000
Grassmere Ter Far Rockaway, NY 11691
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Baths:
- MLS#:
- 3567619
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Courtesy: Keller Williams Landmark II
347-846-1200
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.
$11,500,000
910 Dinsmore Ave Far Rockaway, NY 11691
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.62 Acres
- Year built:
- 1927
- Baths:
- MLS#:
- 3563773
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Courtesy: Mahler Realty
516-223-3111
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.
$6,450,000
621 Beach 20th St Far Rockaway, NY 11691
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.98 Acres
- Year built:
- 1931
- Baths:
- MLS#:
- 3531678
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Courtesy: All Island Estates Realty Corp
516-783-5600
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!!!)
$285,000
Grassmere Ter Far Rockaway, NY 11691
View additional info
Courtesy: Keller Williams Landmark II
347-846-1200
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.
$1,600,000
1124 Foam Pl Far Rockaway, NY 11691
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2008
- Baths:
- MLS#:
- 3501557
View additional info
Courtesy: Weichert Realtors Langer Homes
718-479-9200
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.
$1,200,000
416 Beach 25th St Far Rockaway, NY 11691
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1932
- Baths:
- MLS#:
- 3462859
View additional info
Courtesy: All Island Estates Realty Corp
516-783-5600
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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Far Rockaway Real Estate
The median home value in Far Rockaway, NY is $677,200. This is higher than the county median home value of $604,400. The national median home value is $338,100. The average price of homes sold in Far Rockaway, NY is $677,200. Approximately 30.01% of Far Rockaway homes are owned, compared to 60.51% rented, while 9.48% are vacant. 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 11691 has a population of 5,266. Far Rockaway 11691 is less family-centric than the surrounding county with 27.43% of the households containing married families with children. The county average for households married with children is 28.97%.
The median household income in Far Rockaway, New York 11691 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 11691 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.