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114-04 Beach Channel Dr 9,700 SF 100% Leased Retail Building Rockaway Park, NY 11694 $4,772,810 CAD ($492.04 CAD/SF) 5.10% Cap Rate
Investment Highlights
- Waterfront with Permitted Commercial Dock
- Rarely available Rockaway Park
- Value-add. Most tenants are MTM
Executive Summary
Value-add retail in office in prime Rockaway Park.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,700 SF
Building Class
C
Year Built
1929
Price
$4,772,810 CAD
Price Per SF
$492.04 CAD
Cap Rate
5.10%
NOI
$243,413 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.38
Lot Size
0.58 AC
Zoning
C8-1 - C8-1 Zoning is a General Service Commercial Zoning district in NYC. In C8-1 are typically heavy commercial uses bordering manufacturing zoning.
Parking
25 Spaces (2.58 Spaces per 1,000 SF Leased)
Frontage
105’ on Beach Channel Dr
Amenities
- Waterfront
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- A-Team Paddle Boarding
- Arts, Entertainment, and Recreation
- -
- -
- -
- Belle Rock Car Service
- Transportation and Warehousing
- -
- -
- -
- MSM First Stage Productions
- Services
- -
- -
- -
- Rockaway Artist Alliance Inc
- Arts, Entertainment, and Recreation
- -
- -
- -
- Rockaway Times
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| A-Team Paddle Boarding | Arts, Entertainment, and Recreation | - | - | - | ||
| Belle Rock Car Service | Transportation and Warehousing | - | - | - | ||
| MSM First Stage Productions | Services | - | - | - | ||
| Rockaway Artist Alliance Inc | Arts, Entertainment, and Recreation | - | - | - | ||
| Rockaway Times | - | - | - | - |
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16166-0299 | Improvements Assessment | $673,769 CAD |
| Land Assessment | $183,480 CAD | Total Assessment | $857,250 CAD |
Property Taxes
Parcel Number
16166-0299
Land Assessment
$183,480 CAD
Improvements Assessment
$673,769 CAD
Total Assessment
$857,250 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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114-04 Beach Channel Dr
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