200 Rockaway Avenue, Valley Stream NY 11580

$1,450,000

200 Rockaway Avenue, Valley Stream, NY 11580

bedrooms

bathrooms

square feet

5,475

Acreage

Open Houses

year built

1974

Full Baths

Half Baths

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Calling All Investors, Developers & End-Users!!! 100% Occupied 5,475 Sqft. 3 Unit Corner Mixed-Use Building In Valley Stream For Sale!!! The Building Features Excellent Signage, Great Exposure, Strong C-1 Zoning, 86 Parking Spaces, High 10’ Ceilings, Private Driveway, Gated Yard, Strategically Placed Curb Cut, Signalized Intersection, Basement, Accessible Ramp, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart Of Valley Stream Just 3 Blocks From Sunrise Hwy. & Only 4 Blocks From The LIRR Station!!! The Property Has 100’ Of Frontage On W. Jamaica Ave. + 25’ Of Frontage On Rockaway Ave.!!! The Building Is Situated Next Door To A Large Municipal Parking Lot! The Property Has A Daily Traffic Count Of 9,500+ Vehicles Per Day!!! Neighbors Include Audi, Toyota, Volkswagen, Honda, Chase Bank, AT&T, Walmart, The Home Depot, Target, Staples, CVS, 7-Eleven, Extra Space Storage, Best Buy, Blink Fitness, Dick’s Sporting Goods, King Kullen, Wendy’s, Taco Bell, McDonald’s, Dollar Tree, Aldi, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Pizzeria (3,600 Sqft.): $71,600 Ann.; 3% Ann. Inc.; 10 Year Lease + 10 Year Option. 2 Br. Apt.: $26,400 Ann. M-M. 2 Br. Rear Apt.: $27,600 Ann. M-M. Current Gross Income: $125,600 Ann. Expenses: Gas: $1,260 Ann. (Apartment Heat Only) Electric: $526 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2,836 Ann. Water: $600 Ann. Taxes: $26,091.41 Ann. Total Expenses: $31,563.41 Ann. Net Operating Income (NOI): $94,036.59 Ann. (6.49 Cap!!!)

Location
Subdivision	-
County	Nassau County
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

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Open houses

None scheduled.

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MLS number: 828457

Listing agent: Richard Matt Shane #10301216230

Listing broker: All Island Estates Realty Corp (516) 532-9184

Last update: Saturday, March 1 2025 at 9:22 p.m. EST

Kotohomes National