Mixed-Use 2 Family + Store on Extra Large Lot! Great Investment & Development Opportunities!
This large mixed-use property has a ton of potential. It has a development opportunity with 10,506 buildable square feet (Architectural Zoning Analysis is available upon request).
It is also great for an investor who is looking for a projected CAP rate of 7.5%. An end user can occupy the commercial space and run their business while collecting rents from 2 residential units. Another great business opportunity: this location was an established Veterinary Hospital for many years so it is a perfect spot to begin again. The property will be delivered vacant.
Great location! The property is located on Rockaway Blvd with lots of stores, restaurants and shopping; only 5 blocks to the Liberty Ave A train station; 2 blocks to Atlantic Ave; close to local and express bus stops on Woodhaven Blvd.
1st Floor: Commercial Unit
– Used to be occupied by a veterinarian’s office. Now it is great for any business
– Large, full finished basement that was used as a medical room with office space and storage
– Additional building at the back offers more space to enhance any business
2nd Floor:
– Two Spacious Apartments (1BR/1BTH layouts)
– Eat in Kitchens
– Full bathrooms
Other features include a full finished basement with 2 separate entrances giving easy access to the large fenced backyard; backyard has a built out shed (used as storage for the vet’s office) w/ a double garage; private driveway fits approximately 4-5 cars.
Building: 32 × 60 ft
Lot: 64.25 × 125.58 ft
Zoning: R6B, C2-3
FAR: 0.73; Max FAR: 2
Taxes: $8,700/Yr
Amazing Opportunity!