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7618 Rockaway Blvd 2,280 SF 100% Leased Retail Building Woodhaven, NY 11421 $899,000 ($394.30/SF) 9.80% Cap Rate
EXECUTIVE SUMMARY
Introducing a well-maintained mixed-use property featuring 1 commercial unit and 2 residential apartments. This property will be delivered fully vacant, making it an ideal opportunity for investment or owner occupancy. Conveniently located near shopping, public transportation, and places of worship. This opportunity will not last — schedule your showing today!
FINANCIAL SUMMARY (PRO FORMA - 2025) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,280 SF
Building Class
C
Year Built
1910
Price
$899,000
Price Per SF
$394.30
Cap Rate
9.80%
NOI
$88,102
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.31
Lot Size
0.04 AC
Zoning
R6B, C2-3 - a mixed-use district that features medium-density residential buildings with a commercial overlay along the street level.
Frontage
22’ on Rockaway Blvd
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Air Conditioning
Walk Score®
Very Walkable (81)
Transit Score®
Excellent Transit (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08947-0009 | Total Assessment | $30,336 |
| Land Assessment | $5,930 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $24,406 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
08947-0009
Land Assessment
$5,930
Improvements Assessment
$24,406
Total Assessment
$30,336
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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7618 Rockaway Blvd
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