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6-15 Beach 20th St
Far Rockaway, NY 11691
6-11 & 6-15 Beach 20th Street · Retail Property For Sale
·
10,845 SF Total
INVESTMENT HIGHLIGHTS
- 30,000 SF Mixed-Use Development Site or Existing Retail Ideal For User in Far Rockaway.
EXECUTIVE SUMMARY
Two adjacent lots totaling 20,000 SF on the west side of Beach 20th Street between Cornaga and New Haven Avenues. R5/C1-2 zoning allows for a 30,000 SF mixed-use
development with the UAP bonus or 40,000 SF community facility. Currently, 6-11 Beach 20th Street consits of one 1,845 SF building with 3 month-to-month retail tenants, and
parking. 6-15 Beach 20th Street is a vacant 9,000 SF building. Ability for a user to occupy the existing retail space and utilize the parking. Perfectly situated a few blocks from the beach and boardwalk. In close proximity to several schools. Nearby retailers include CVS, Key Foods Supermarket & Bank of America. 5-minute walk to the Far Rockaway/Mott Ave A train station and just steps from the Carnega Ave/Beach 20th Street Q22 bus stop. Conveniently close to the Special Downtown Far Rockaway District, which was rezoned in 2017 to spur development in the area and create a vibrant mixed-use community.
development with the UAP bonus or 40,000 SF community facility. Currently, 6-11 Beach 20th Street consits of one 1,845 SF building with 3 month-to-month retail tenants, and
parking. 6-15 Beach 20th Street is a vacant 9,000 SF building. Ability for a user to occupy the existing retail space and utilize the parking. Perfectly situated a few blocks from the beach and boardwalk. In close proximity to several schools. Nearby retailers include CVS, Key Foods Supermarket & Bank of America. 5-minute walk to the Far Rockaway/Mott Ave A train station and just steps from the Carnega Ave/Beach 20th Street Q22 bus stop. Conveniently close to the Special Downtown Far Rockaway District, which was rezoned in 2017 to spur development in the area and create a vibrant mixed-use community.
PROPERTY FACTS
| Price / SF | $396.50 / SF | Number of Properties | 2 |
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Cap Rate | 5.09% | Total Building Size | 10,845 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.46 AC |
| Status | Active |
| Price / SF | $396.50 / SF |
| Sale Condition | Redevelopment Project |
| Cap Rate | 5.09% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,845 SF |
| Total Land Area | 0.46 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 6-15 Beach 20th St, Far Rockaway, NY 11691 | Retail | 9,000 SF | 1931 | - |
| 611 Beach 20th St, Far Rockaway, NY 11691 | Retail | 1,845 SF | 1931 | - |
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