Courtesy of: Jean Paul Ho, Brooklyn Real Property, Inc, jphore8888@aol.com
Courtesy of: Jean Paul Ho, Brooklyn Real Property, Inc, jphore8888@aol.com
$2,800,000
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Lot: 0.18 Acres
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Mixed Use
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$2,800,000
1314 Rockaway Parkway Canarsie – Prime Rockaway Parkway Investment Opportunity! HUGE fully detached solid brick/concrete 2-family plus 1 commercial units in the heart of Canarsie’s busy Rockaway Parkway retail corridor! Residential: Approx. 841 sq. ft. 2-family with a large 900 sq. ft. front unit terrace (newly renovated, separate entrance, vacant). Commercial: 1 office/retail spaces, each approx. 1, 531.75 sq. ft., totaling 7, 809 sq. ft. of space with 15 ft ceilings and full sprinkler system. Lot/Building: Building size 40.25’ x 47.75’ = 7, 809 sq. ft. on a huge 50.57’ x 125’ lot (6, 321 sq. ft.) with R5D zoning. Unused buildable FAR: 4, 804 sq. ft. Parking/Outdoor: Private driveway fits 6 cars + oversized enclosed backyard. Condition: Gut renovated with new electrical, sprinkler system, ADA-compliant elevator, and back easement. Turnkey – all units vacant and ready! Location: Just minutes to the “L” train, buses, shopping, and restaurants. Excellent signage & exposure with heavy foot and car traffic. Great projected income (Unit currently vacant) Gross yearly income $ 252, 000.00 year NOE $ 78, 627 Net Income $ 173, 373 year! Perfect for investors, developers, or end users! No leases and currently 4 vacant unit! Ideal for school, church, medical offices, adult or childcare centers, or mixed redevelopment. Tremendous income potential in one of Canarsie’s busiest commercial hubs. Owner is motivated!
Courtesy of: Jean Paul Ho, Brooklyn Real Property, Inc, jphore8888@aol.com
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