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11420 Rockaway Blvd 3,600 SF 100% Leased Office Building Jamaica, NY 11420 $1,909,071 CAD ($530.30 CAD/SF) 7.49% Cap Rate



Investment Highlights
- 2200 sqft first floor
- detached brick well built
- close to highway
Executive Summary
Welcome to 114-20 Rockaway Boulevard, a prime mixed-use building ideally located in the heart of South Ozone Park! This solid brick property offers an impressive building size of 20x110 ft on a 2,700 sqft lot, providing exceptional space and flexibility for both commercial and residential use. The first floor is currently occupied by a well-established medical office, offering stable, long-term income. The second floor features two residential apartments, generating additional rental income — one unit at $2,500/month and the other at $1,500/month. This property is perfect for investors or owner-occupants seeking a turn-key income-producing opportunity in a highly desirable Queens location. Conveniently positioned near major thoroughfares, shops, transit, and local amenities, this mixed-use gem combines strong cash flow with long-term growth potential.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$189,931
|
$52.76
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$189,931
|
$52.76
|
| Taxes |
$44,618
|
$12.39
|
| Operating Expenses |
$14,817
|
$4.12
|
| Total Expenses |
$59,435
|
$16.51
|
| Net Operating Income |
$130,496
|
$36.25
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $189,931 |
| Annual Per SF | $52.76 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $189,931 |
| Annual Per SF | $52.76 |
| Taxes (CAD) | |
|---|---|
| Annual | $44,618 |
| Annual Per SF | $12.39 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $14,817 |
| Annual Per SF | $4.12 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $59,435 |
| Annual Per SF | $16.51 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $130,496 |
| Annual Per SF | $36.25 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,600 SF
Building Class
B
Year Built
1931
Price
$1,909,071 CAD
Price Per SF
$530.30 CAD
Cap Rate
7.49%
NOI
$142,989 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,842 SF
Building FAR
1.65
Lot Size
0.05 AC
Zoning
C 2-3
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Total Assessment | $415,148 CAD | |
| Land Assessment | $25,804 CAD | Annual Taxes | $44,618 CAD ($12.39 CAD/SF) |
| Improvements Assessment | $389,344 CAD | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$25,804 CAD
Improvements Assessment
$389,344 CAD
Total Assessment
$415,148 CAD
Annual Taxes
$44,618 CAD ($12.39 CAD/SF)
Tax Year
2025
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11420 Rockaway Blvd
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