8409 Rockaway Blvd
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8409 Rockaway Blvd
3 Unit Block of Flats £1,391,661 (£463,887/Unit) 7.50% Net Initial Yield Ozone Park, NY 11416
Investment Highlights
- Delivered Vacant
- High foot traffic, thousand of vehicles pass by daily
- Mixed-Use 2 Family + Store on Extra Large Lot! Great Investment & Development Opportunities!
- Development Opportunity! Zoning Analysis is available upon request
Executive Summary
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
Don’t Miss this Opportunity!
Contact For a Viewing TODAY!
Stellina Napolitano 646-372-7145
Capri Jet Realty 718-388-2188
*Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.
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
Don’t Miss this Opportunity!
Contact For a Viewing TODAY!
Stellina Napolitano 646-372-7145
Capri Jet Realty 718-388-2188
*Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.
Property Facts
Unit Amenities
- Storage Space
- Washer/Dryer
- Tile Floors
- Kitchen
- Yard
- Basement
- Office
Site Amenities
- Courtyard
- Fenced Lot
- Storage Space
- Pet Care
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
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Walk Score ®
Very Walkable (83)
Transit Score ®
Excellent Transit (85)
PROPERTY TAXES
| Parcel Number | 09017-0025 | Improvements Assessment | £26,916 |
| Land Assessment | £7,950 | Total Assessment | £34,866 |
PROPERTY TAXES
Parcel Number
09017-0025
Land Assessment
£7,950
Improvements Assessment
£26,916
Total Assessment
£34,866
zoning
| Zoning Code | R6B, C2-3 |
| R6B, C2-3 |
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8409 Rockaway Blvd
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