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200 Rockaway Ave 5,475 SF 100% Leased Retail Building Valley Stream, NY 11580 $2,024,084 CAD ($369.70 CAD/SF) 6.49% Cap Rate
INVESTMENT HIGHLIGHTS
- Calling All Investors, Developers & End-Users!!! 100% Occupied 5,475 Sqft. 3 Unit Corner Mixed-Use Building In Valley Stream For Sale!!!
- The Property Is Located In The Heart Of Valley Stream Just 3 Blocks From Sunrise Hwy. & Only 4 Blocks From The LIRR Station!!!
- Neighbors Include Audi, Toyota, Volkswagen, Honda, Chase Bank, AT&T, Walmart, The Home Depot, Target, Staples, CVS, 7-Eleven, Extra Space Storage, ++!
- The Building Features Excellent Signage, Great Exposure, Strong C-1 Zoning, 86 Parking Spaces, High 10’ Ceilings, Private Driveway, Gated Yard, +++!!
- The Property Has 100’ Of Frontage On W. Jamaica Ave. + 25’ Of Frontage On Rockaway Ave. & Has A Daily Traffic Count Of 9,500+ Vehicles Per Day!!!
- This Property Offers HUGE Upside Potential!!!
EXECUTIVE SUMMARY
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!!!)
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!!!)
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$175,328
|
$32.02
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$175,328
|
$32.02
|
| Taxes |
$36,421
|
$6.65
|
| Operating Expenses |
$7,638
|
$1.40
|
| Total Expenses |
$44,059
|
$8.05
|
| Net Operating Income |
$131,268
|
$23.98
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $175,328 |
| Annual Per SF | $32.02 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $175,328 |
| Annual Per SF | $32.02 |
| Taxes (CAD) | |
|---|---|
| Annual | $36,421 |
| Annual Per SF | $6.65 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $7,638 |
| Annual Per SF | $1.40 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $44,059 |
| Annual Per SF | $8.05 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $131,268 |
| Annual Per SF | $23.98 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,475 SF
Building Class
C
Year Built
1950
Price
$2,024,084 CAD
Price Per SF
$369.70 CAD
Cap Rate
6.49%
NOI
$131,268 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
2.17
Lot Size
0.06 AC
Parking
7 Spaces (1.28 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Corner Lot
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (92)
NEARBY MAJOR RETAILERS
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200 Rockaway Ave
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