Buy with Yoreevo
$1,424,625
List Price: $1,450,000
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200 Rockaway Avenue
House in Valley Stream •  building info
studio • 2,500ft² $580 per ft²
Buy with Yoreevo

$1,424,625

List Price

$1,450,000

Key Details
Days on market
293
Last price change
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Estimated payment
$10,209/mo
Taxes
$2,174/mo
Maintenance
N/A
Description
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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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,450,000
Asking Price: $1,450,000
Term
30 Years
Down Payment
$145,000 (10%)
Min: 10% (145,000)
Rate
6.25 %
Mortgage Amount
$1,305,000
Mortgage Payment
$8,035
Taxes
$2,174
Estimated Yoreevo rebate
$25,375
Estimated closing cost
$52,000
Total monthly cost $10,209
Buy your dream home with us and get an estimated $25,375 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of All Island Estates Realty Corp

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