
Courtesy of: Sergey Babayev M, Kingsland Properties, babayevsergey888@gmail.com
$1,395,000
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Lot: 0.04 Acres
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Other
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$1,395,000
7606 Rockaway Boulevard Mixed-Use Property - 7606 Rockaway Boulevard, Ozone Park Well-located mixed-use property in Ozone Park featuring a 1st-floor commercial unit with a fully finished basement and two 2-bedroom residential apartments above. The building is fully occupied and income-producing mixed-use property offering stable cash flow, low operating costs, and long-term upside in a high-demand Queens rental market. Commercial Unit: Ground floor with full basement Residential Units: Two (2) 2-bedroom apartments on the second floor Rent Roll (Monthly Income) Commercial Unit: $5, 720/month Residential Front (2BR): $2, 300/month Residential Back (2BR): $2, 800/month Total Monthly Income: $10, 820 Annual Gross Income: $129, 840 Annual Operating Expenses Taxes: $7, 000 Water: $100/month * 12 = $1, 200 Insurance: $4, 500 Total Expenses: $12, 700 Net Operating Income (NOI) Gross Income: $129, 840 Less Expenses: $12, 700 NOI: $117, 140 per year
Courtesy of: Sergey Babayev M, Kingsland Properties, babayevsergey888@gmail.com
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