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Property Description

Cash flowing property in the up and coming Far Rockaway neighborhood where NYC approved a $139M development of infrastructure & street upgrades . Located on a busy commercial strip near mass transit, only 2 blocks from the beach. Building is fully leased with 6 Long term tenants; 5 retail, and 1 Residential on the 2nd floor. Nets close to $300K cash after all expenses includ. taxes. Res FAR of 1.35 would allow 14,310 sf. and Facility FAR 21,200 sq ft. All tenants pay share of taxes & expenses.

Facts and Features
Interior Features
6
Exterior Features
Y
Property and Construction
Property
100 x 106
12300
RB5, C2-3
N
N
Utilities
Oil
Construction
Comm/ind
N
6
Interior Spaces
Floor Plan
Taxes
$60,106
$60,106
Community
Community district 21
Listing Information
N
N
N
$5,300,000
$5,300,000

Commercial For sale

92-02 Rockaway Beach Blvd, Far Rockaway, New York 11691

12,300 Sqft
$5,300,000
Listing ID #3178227
Basic Details
Property Type : Commercial
Listing ID : 3178227
Price : $5,300,000
Floor Size : 12,300 Sqft
Lot : 10,600 Sqft
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
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