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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11927886
Annual Tax Amount $7,566
Property Description
Prime Canarsie - Rockaway Parkway & Avenue M Detached Brick Mixed-Use Building Legal 3-Family + Storefront Delivered Vacant Exceptional investment opportunity in a high-visibility Rockaway Parkway location! This detached brick mixed-use property offers a legal 3-family plus a commercial storefront, Front 2nd floor residential 1.5 bed plus LR & EIK, full bath delivered vacant, all other residential unit has no leases-perfect for owners, users, or investors seeking strong returns. Storefront / Commercial Space Corner exposure with huge signage potential on Rockaway Parkway Approx. 20 ft front exposure with enclosed front yard Private bath. Storefront Currently a hair salon High ceilings, separate entrance & separate water meter. Residential Units Two apartments, each 1-bedroom (can be used as 2-bedrooms) with private entrances Rear first-floor apartment: true 2-bedroom with large enclosed private backyard All units free market rents! Basement Fully Two separate entrances Full bathroom Perfect for storage or additional accessory space Property Details Lot: 30.5 100 Building: 20 51 Unused FAR: 1,006 sq ft for potential expansion Real Estate Taxes: only $7,544/year New boiler and multiple upgrades Excellent high CAP rate with upside & add on potential! Additional Purchase Opportunity Can also be purchased together with 9617 Avenue M Lot: 25.75 100 (2,400 sq ft) Combined lot size: 5,450 sq ft (3,050 + 2,400) Location Highlights In front of Express Bus to Manhattan & Downtown Brooklyn Across from shopping center & restaurants Near Rockaway Pier, Belt Parkway, parks & recreation Strong neighborhood foot traffic. New roof, boiler, siding very well maintained! Owner very motivated!!
Location
State NY
County 36047
Rooms
Basement Full
Dining Room 0
Kitchen 0
Building
Sewer Municipal
Water Municipal
Structure Type Masonry - Brick
NEARBY SCHOOL & BUSINESS