| Description: 3312906 | |
| Canarsie – Prime Rockaway Parkway Investment Opportunity Fully Detached Mixed-Use Building | 2 Residential Units + 3 Commercial Units | 7,809 SF | Parking for 6 Cars | 3 Vacancy + Free Market An exceptional investment or end-user opportunity in the heart of Canarsie’s high-traffic Rockaway Parkway retail corridor. This solid brick/concrete, fully detached mixed-use property offers tremendous flexibility, strong income potential, and significant development upside. PROPERTY HIGHLIGHTS Building Size: 40.25’ × 47.75’ (Approx. 7,809 SF) Lot Size: 50.57’ × 125’ (Approx. 6,321 SF) Zoning: R5D Unused Buildable FAR: Approx. 4,804 SF Ceiling Height: 15 ft (commercial units) Parking: Private driveway fits up to 6 vehicles Outdoor Space: Oversized enclosed backyard 3 units vacant – Fully FREE MARKET RESIDENTIAL Approx. 841 SF 2-family residential portion Features a large 900 SF front terrace Newly renovated with separate entrance COMMERCIAL Three (3) Medical/Office/Retail Units Each unit approx. 1,532–2,000 SF, totaling ˜7,809 SF Ideal for medical office, dental, school, daycare, adult care, community services, nonprofits, or general retail Full sprinkler system ADA-compliant elevator Gut-renovated with new electrical systems Heavy foot & vehicle traffic—excellent visibility and signage exposure AVAILABLE FOR LEASE (Flexible Configuration) Total Available: 3,400 SF across two levels 1st Floor – 2,000 SF (Asking $35/SF/Yr) Two (2) ADA restrooms Three (3) exam rooms/offices with sinks Kitchenette Private management office Large reception/lobby with LED accent lighting Lower Level – 1,400 SF (Asking $40/SF/Yr) Waiting room + overflow area Kitchenette Three (3) exam rooms Two (2) restrooms LOCATION Unbeatable convenience—just a 2-minute walk to the L train, multiple bus lines, banks, gyms, restaurants, supermarkets, and retail. Positioned within one of Canarsie’s busiest commercial hubs, ensuring steady foot traffic and strong potential tenant demand. INVESTMENT SUMMARY Turnkey asset – all 3 units vacant and ready for immediate occupancy Perfect for owner-user, investor, or developer Projected Cap Rate: Approx. 7% (pro-forma) Significant value-add and redevelopment potential |
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Details: |
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| Bedrooms: | 4 | |
| Bathrooms: | 10F/4H | |
| Property Type: | Store+Dwell | |
| Square Feet: | 7809 | |
| Rooms: | 21 | |
| Outdoor Space: | Cement | |
| Lot Size: | 50.57’ x 125’ | |
| Built: | 1930 | |
Financials: |
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| Price: | $2,800,000 | |
| Taxes: | $64,827 | |
