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Marina / Condo Redevelopment Opportunity

2 Properties Offered at £1,183,500 in East Rockaway, NY

Investment Highlights

  • Call or Text Louisa at (516) 805-0318 for more information today!

Executive Summary

2 Buildings Combined Road Frontage Approx. 225 feet, 160 Feet of New Bulkhead. Being "Sold as Is" Building 76-78 Needs Demo. Building 84 Front has 3 Tenants w/One Vacancy. Permitted for 31 Docks. See Attachments for Survey and Doc Plan.
Formerly Saltaire Marina. 2 Buildings on Approx 12,670 property w/ One Income producing building. 160 feet of New Bulkhead. Permitted for 31 Docks. Excellent opportunity for Development. Located on East Rockaway Channel out to Reynolds Channel. Calling All Builders or Investors. Unique Opportunity., See Attachments for Survey and Doc Plan.
Property located in Village of East Rockaway
Formally Saltaire Marina
Permitted for 31 docks
160 feet waterfront with new bulkhead
Combined property size approx. 12,670 square feet
Total Taxes $49,388.50
Current Insurance $3,000 yearly
Water $1,210
Oil $3,500

Property Facts

Price £1,183,500
Price / SF £90.44 / SF
Sale Conditions
Portfolio Sale
  • High Vacancy Property
  • Development Sale
  • Shell & Core
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 13,086 SF
Total Land Area 0.10 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
76 Front St, East Rockaway, NY 11518 Speciality 8,586 SF 1960 -
84 Front St, East Rockaway, NY 11518 Retail 4,500 SF 1954 -
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  • Listing ID: 31903683

  • Date on Market: 23/05/2024

  • Last Updated:

  • Address: Marina / Condo Redevelopment Opportunity, East Rockaway, NY

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