Water Front Luxury Realty

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$1,450,000
172 Days On Site

200 Rockaway Avenue
Valley Stream, NY 11580

For Sale|Multi Family|Active
0
Beds
0
Total Baths
5,475
SqFt
$265
/SqFt
1974
Built
County:
Nassau
Listing courtesy of All Island Estates Realty Corp matthewshane8828@gmail.com

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987-456-3210
200 Rockaway Avenue200 Rockaway Avenue200 Rockaway Avenue200 Rockaway Avenue
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Monthly Payment (Est.)

$6,615
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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!!!)

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Listing Snapshot
Price 
$1,450,000
Days On Site 
172 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,475 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2,500 Acres
Year Built 
1974
MLS® Number 
828457
Status 
Active
Property Tax 
$26,091.41
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoListing first seen on site
6 months agoListing updated with changes from the MLS®
General Features
Cross Street 
Swanza Ave.
Number Of Stories 
2
Parking Spaces 
86
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
5475
Utilities 
See Remarks
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Natural Gas
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Exterior Features
Construction Details 
BrickFrame
Listing courtesy of All Island Estates Realty Corp matthewshane8828@gmail.com


Based on information submitted to the MLS GRID as of 2025-08-18 11:32 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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