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NewLuxury

$1,500,000

4 days on market

108-01 Rockaway Boulevard

Ozone Park, NY 11420

· 8% down, 7% APR, 30yr fixed

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Listing narrative

Description

Prime Corner Mix-use Investment Opportunity in South Ozone Park 108-01 Rockaway Blvd, South Ozone Park 11420 Asking Price 1,500.000 Positioned on the prominent along Rockaway Blvd this income producing property mix use includes 2 commercial spaces currently occupied by a barber shop and a pawn shop, along with a 4 bedroom apartment on the upper level. Its corner location provides excellent street visibility ,while the blend of commercial and residential components creates diversified income potential. The property generates rental income of $11,280 per month or 135,360 annually ,With annual operating expenses of approximately43,000, thee noi is estimated 92,360 reflecting a 6.16 % cap rate at the asking price. Add this strategically located corner mix use to property to your investment portfolio. Contact Akcess24 Homes Inc. for additional information or schedule a viewing 516-322-0632 Rozanna Beaumont

Listing agent (MLS): Moheed Oasman · Listing brokerage (MLS): Akcess24Homes Inc

Property Details

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Price

$1,500,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

Sqft n/a

Baths

Baths n/a

Year

Year n/a

Status

New

Days on Market

4

· 8% down, 7% APR, 30yr fixed
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Courtesy of Akcess24Homes Inc