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160 Beach 116th St 10,246 SF 100% Leased Retail Building Rockaway Park, NY 11694 $2,900,000 ($283.04/SF)
Executive Summary
Exceptional Development or Investment Opportunity
This vacant building offers tremendous potential, zoned R7A, C1-3, making it ideal for a wide range of residential or commercial uses.
Current Layout:
Fourth Floor: 14 rooms, 3 bathrooms
Third Floor: 14 rooms, 3 bathrooms
Second Floor: 6 rooms, 1 bathroom, plus a dining area and recreation room
Walk-in Level: Fully set up for a restaurant or easily adaptable for retail, let your vision guide you.
This is a cash sale and a rare chance to unlock endless possibilities in a PRIME LOCATION. Steps from the Boardwalk, Beach and Subway.
This vacant building offers tremendous potential, zoned R7A, C1-3, making it ideal for a wide range of residential or commercial uses.
Current Layout:
Fourth Floor: 14 rooms, 3 bathrooms
Third Floor: 14 rooms, 3 bathrooms
Second Floor: 6 rooms, 1 bathroom, plus a dining area and recreation room
Walk-in Level: Fully set up for a restaurant or easily adaptable for retail, let your vision guide you.
This is a cash sale and a rare chance to unlock endless possibilities in a PRIME LOCATION. Steps from the Boardwalk, Beach and Subway.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,246 SF
Building Class
C
Year Built
1929
Price
$2,900,000
Price Per SF
$283.04
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.61
Lot Size
0.09 AC
Zoning
R7A, C1-3
Frontage
Walk Score®
Very Walkable (83)
Transit Score®
Excellent Transit (85)
Nearby Major Retailers
Property Taxes
| Parcel Number | 16188-0068 | Improvements Assessment | $185,940 |
| Land Assessment | $52,200 | Total Assessment | $238,140 |
Property Taxes
Parcel Number
16188-0068
Land Assessment
$52,200
Improvements Assessment
$185,940
Total Assessment
$238,140
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160 Beach 116th St
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