7. 5 Cap Rate ! Large vacant storefront centrally located in high traffic area !


Property

Website:https://www.nestseekers.com/3144752
Address:
117-04 Rockaway Boulevard
South Ozone Park, NY 11420
Cross street:117th St
Ownership: For Sale
Type: Commercial
Bedrooms: Studio
Lot Size: 2165 sq ft

Financials

Price: $1,100,000
Annual Taxes: $6,037

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Description

7.5% Cap Rate! Large vacant storefront centrally located in high traffic area! -$74,963 NOI Great cash flowing opportunity for turn key dry cleaning or other commercial business + newly renovated 3 bedroom rental apartment above. Large Backyard Located on main street, close to Q7 bus stops, stores, businesses and Resort's World Casino. Working conveyor belt + 4 washing/drying machines. Legal easement in backyard. Building is 65 feet long.

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of Keller Williams Landmark II