Investment Opportunity in Ozone Park With 4 Commercial Stores / 7 Parking Spots

Liang Li (李先生)
Licensed Real Estate Salesperson
Phone:
Stelios Hiotis
Licensed Associate Real Estate Broker
Mobile:
47-44 Vernon Blvd, Long Island City, NY 11101
Tweet
EXCLUSIVE

Location

85-34 Rockaway Blvd
Queens NY 11416
Cross street:86th street

Property

Ownership: For Sale
Type: Commercial
Area: 4796 sq ft
Exterior area: 3500 sq ft
Lot Size: 8297 sq ft

Financials

Price: $3,500,000

Mortgage Calculator

Description

Nest Seekers International has been retained on an exclusive basis to arrange for the sale of 85-34 Rockaway Boulevard. Consisting of 4 commercial units and 7 parking spots, this property sits on a 8297 sqft lot. Each commercial unit comes with a high-ceiling basement and separate water, gas and electric meters. In excellent condition / vanilla box ready, stores just need tenants subtle touches to customize for their business.
This is a rare investment opportunity in up-and-coming Ozone Park, recently considered one of the most diverse neighborhoods in New York. After receiving a $41.5 million fund from the city* (see article below ) in 2016, real estate value in Ozone Park grew over 15% in just one year, according to The Department of Finance’s Rolling Sales Data. The neighborhood has continued to attract many new businesses, including Resort World Casino with $400M business expansion plan in 2017 (just 10 minutes away from 85-34 Rockaway Blvd)
With the A train on 88 St-Boyd Av Station, it is just a convenient train ride into the rest of Queens, Brooklyn, Manhattan, as well as JFK Airport
Please contact for more details.
http://qns.com/story/2016/07/27/city-is-investing-millions-in-ozone-park-infrastructure-upgrades/ *

Neighborhood

More listings: Ozone Park

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.