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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.