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2505 Seagirt Ave 3,840 SF 100% Leased Retail Building Far Rockaway, NY 11691 $999,000 ($260.16/SF)
INVESTMENT HIGHLIGHTS
- Corner lot with high visibility and foot traffic near Seagirt Blvd and Beach 25th Street.
- Close proximity to public transportation, including the A train and multiple bus lines.
- Flexible zoning allows for mixed-use or commercial redevelopment.
EXECUTIVE SUMMARY
Exceptional opportunity to acquire a strategically located commercial asset in the heart of Far Rockaway. This property offers strong redevelopment potential and proximity to key transit and retail corridors. Ideal for investors or end-users seeking long-term value in a rapidly evolving neighborhood.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,840 SF
Building Class
C
Year Built
1958
Price
$999,000
Price Per SF
$260.16
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.68
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
R3A - allows for low-density residential development, primarily single- and two-family detached homes.
Transit Score®
Excellent Transit (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 15817-0057 | Improvements Assessment | $108,090 |
| Land Assessment | $58,500 | Total Assessment | $166,590 |
PROPERTY TAXES
Parcel Number
15817-0057
Land Assessment
$58,500
Improvements Assessment
$108,090
Total Assessment
$166,590
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Presented by
Perfect Properties Corp.
2505 Seagirt Ave
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