108-01 ROCKAWAY BLVD
New York, NY 11420

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio

Financials

Price:$1,500,000
Annual Taxes:$31,000
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Akcess24Homes Inc

Prime Corner Mix use Investment Opportunity in South Ozone Park 108 01 Rockaway Blvd, South Ozone Park 11420 Asking Price 1, 500.

Description

Prime Corner Mix-use Investment Opportunity in South Ozone Park 108-01 Rockaway Blvd, South Ozone Park 11420 Asking Price 1,500.000 Positioned on the prominent along Rockaway Blvd this income producing property mix use includes 2 commercial spaces currently occupied by a barber shop and a pawn shop, along with a 4 bedroom apartment on the upper level. Its corner location provides excellent street visibility ,while the blend of commercial and residential components creates diversified income potential. The property generates rental income of $11,280 per month or 135,360 annually ,With annual operating expenses of approximately43,000, thee noi is estimated 92,360 reflecting a 6.16 % cap rate at the asking price. Add this strategically located corner mix use to property to your investment portfolio. Contact Akcess24 Homes Inc. for additional information or schedule a viewing 516-322-0632 Rozanna Beaumont

Amenities

  • Electricity Connected
  • Natural Gas Available

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.