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1314 Rockaway Pkwy 4,100 SF Office Building Brooklyn, NY 11236 $2,800,000 ($682.93/SF) 6.66% Cap Rate
INVESTMENT HIGHLIGHTS
- High Traffic, 4 current vacancy
- Newly renovated - turnkey opportunty
- 50.57’ x 125’ lot (6,321 sq. ft.) with R5D zoning. Unused buildable FAR: 4,804 sq. ft. P
EXECUTIVE SUMMARY
Fully Detached Mixed-Use Building | 2 Residential Units + 3 Commercial Units | 7,809 SF | Parking for 6 Cars | 3 Vacancy + Free Market
An exceptional investment or end-user opportunity in the heart of Canarsie’s high-traffic Rockaway Parkway retail corridor. This solid brick/concrete, fully detached mixed-use property offers tremendous flexibility, strong income potential, and significant development upside.
PROPERTY HIGHLIGHTS
Building Size: 40.25’ × 47.75’ (Approx. 7,809 SF)
Lot Size: 50.57’ × 125’ (Approx. 6,321 SF)
Zoning: R5D
Unused Buildable FAR: Approx. 4,804 SF
Ceiling Height: 15 ft (commercial units)
Parking: Private driveway fits up to 6 vehicles
Outdoor Space: Oversized enclosed backyard
3 units vacant – Fully FREE MARKET
RESIDENTIAL
Approx. 841 SF 2-family residential portion
Features a large 900 SF front terrace
Newly renovated with separate entrance
COMMERCIAL
Three (3) Medical/Office/Retail Units
Each unit approx. 1,532–2,000 SF, totaling ˜7,809 SF
Ideal for medical office, dental, school, daycare, adult care, community services, nonprofits, or general retail
Full sprinkler system
ADA-compliant elevator
Gut-renovated with new electrical systems
Heavy foot & vehicle traffic—excellent visibility and signage exposure
AVAILABLE FOR LEASE (Flexible Configuration)
Total Available: 3,400 SF across two levels
1st Floor – 2,000 SF (Asking $35/SF/Yr)
Two (2) ADA restrooms
Three (3) exam rooms/offices with sinks
Kitchenette
Private management office
Large reception/lobby with LED accent lighting
Lower Level – 1,400 SF (Asking $40/SF/Yr)
Waiting room + overflow area
Kitchenette
Three (3) exam rooms
Two (2) restrooms
LOCATION
Unbeatable convenience—just a 2-minute walk to the L train, multiple bus lines, banks, gyms, restaurants, supermarkets, and retail. Positioned within one of Canarsie’s busiest commercial hubs, ensuring steady foot traffic and strong potential tenant demand.
INVESTMENT SUMMARY
Turnkey asset – all 3 units vacant and ready for immediate occupancy
Perfect for owner-user, investor, or developer
Projected Cap Rate: Approx. 7% (pro-forma)
Significant value-add and redevelopment potential
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- ADC Construction
- -
- -
- -
-
Lorem Ipsum
-
Jan 0000
- DLT Contractor
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| ADC Construction | - | - | - | Lorem Ipsum | Jan 0000 | |
| DLT Contractor | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Commercial office building in Brooklyn, New York available for lease. The dynamic mixed-used space is immediately available for medical practitioners, educational institutions, non-profit organizations, community services, and countless others. Situated at the epicenter of Canarsie, this office space is just a 2 minute walk from the L subway station, bus stops, banks, restaurants, entertainment options, gyms, retail shops, and more. This accessible property contains 3,400 square feet of office space available across two levels (basement level, and 1st floor). The 1st floor space (2000 sq ft; $35 SF/YR) contains two (2) restrooms, three (3) exam rooms/offices complete with sinks, a kitchenette, private office for management and large reception space/lobby, complete with LED colored lighting. The basement level (1400 sq ft; $40 SF/YR) contains a reception area/waiting room with over flow, kitchenette, (3) three exam rooms, (2) two restrooms, manager's office suite Landlords and management staff pleasant and easy to work with. Call BRP today to schedule a viewing!
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,400-2,000 SF | Office | - | Now |
1st Floor
| Size |
| 1,400-2,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 1,400-2,000 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Commercial office building in Brooklyn, New York available for lease. The dynamic mixed-used space is immediately available for medical practitioners, educational institutions, non-profit organizations, community services, and countless others. Situated at the epicenter of Canarsie, this office space is just a 2 minute walk from the L subway station, bus stops, banks, restaurants, entertainment options, gyms, retail shops, and more. This accessible property contains 3,400 square feet of office space available across two levels (basement level, and 1st floor). The 1st floor space (2000 sq ft; $35 SF/YR) contains two (2) restrooms, three (3) exam rooms/offices complete with sinks, a kitchenette, private office for management and large reception space/lobby, complete with LED colored lighting. The basement level (1400 sq ft; $40 SF/YR) contains a reception area/waiting room with over flow, kitchenette, (3) three exam rooms, (2) two restrooms, manager's office suite Landlords and management staff pleasant and easy to work with. Call BRP today to schedule a viewing!
PROPERTY TAXES
| Parcel Number | 08146-0053 | Improvements Assessment | $510,750 (2025) |
| Land Assessment | $142,200 (2025) | Total Assessment | $652,950 (2025) |
PROPERTY TAXES
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1314 Rockaway Pkwy
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