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BEACH 21ST ST COMMERCIAL BUILDING 10-32 Beach 21st St

2,340 SF Industrial Building Far Rockaway, NY 11691 £1,155,885 (£494/SF)

Investment Highlights

  • ASSEMBLAGE SITE FOR AFFORDABLE HOUSING. COMMERCIAL STRUCTURE FOR END-USER.

Executive Summary

STREET SIGNS REALTY LLC is pleased to present for sale 10-32 Beach 21st St. in the REZONED DOWNTOWN FAR ROCKAWAY DISTRICT. A single structure resides on a footprint of 4000 SF. As a Right the property can allow a residential right to build 14,000 SF due to special bulk and density zoning rules. The building is built 2300 SF. End User Commercial use is very desirable at this location. Also, site makes a great assemblage opportunity to do an Affordable Housing Project. PROPERTY IS VACANT. PARKING ON SITE.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Taxes £16,455 £7.03
Operating Expenses - -
Total Expenses £16,455 £7.03

Financial Summary (Actual - 2025)

Taxes
Annual £16,455
Annual Per SF £7.03
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £16,455
Annual Per SF £7.03

Property Facts

Price £1,155,885
Price Per SF £494
Sale Type Investment or Owner User
Sale Conditions Shell & Core
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Office Industrial Live Work Unit
Building Class C
Lot Size 0.09 AC
Rentable Building Area 2,340 SF
Number of Floors 1
Year Built 2005
Tenancy Single
Clear Ceiling Height 20 ft
Opportunity Zone Yes

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15704-0017
Land Assessment
£57,592 (2024)
Improvements Assessment
£97,764 (2024)
Total Assessment
£155,355 (2024)
Annual Taxes
£16,455 (£7.03/sf)
Tax Year
2025

zoning

Zoning Code R6 (DOWNTOWN FAR ROCKAWAY SPECIAL DISTRICT ZONING ALLOWS FOR INCREASED BULK AND DENSITY. RESIDENTIAL FAR 3.6 / COMMERCIAL FAR 2.0 / COMMUNITY FAR 4.8.)
R6 (DOWNTOWN FAR ROCKAWAY SPECIAL DISTRICT ZONING ALLOWS FOR INCREASED BULK AND DENSITY. RESIDENTIAL FAR 3.6 / COMMERCIAL FAR 2.0 / COMMUNITY FAR 4.8.)
  • Listing ID: 32719186

  • Date on Market: 07/08/2024

  • Last Updated:

  • Address: 10-32 Beach 21st St, Far Rockaway, NY 11691

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