7.5% cap rate. This is an opportunity to own a great cash flowing building, set up for a turn key dry cleaning or other commercial business + newly renovated 3 bedroom rental apartment above.
Large Backyard Located on main street, close to Q7 bus stops, stores, businesses and Resort's World Casino. Equipment is working. Legal easement from upstairs apartment to backyard.
Could be converted to a residential unit downstairs as well.
Upstairs Apartment- 3 Bed, 1 Bath
Downstairs Commercial Space
Sold
$852,000
117-4 Rockaway Blvd, South Ozone Park, NY 11420
3beds
2,600sqft
Building
Built in 1930
-- sqft lot
$863,000 Zestimate®
$328/sqft
$4,022 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 19, 2025 at 04:14am
Listed by:
Daniel Lovullo,
Keller Williams Realty Landmark II
Source: StreetEasy,MLS#: S1680162
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Laundry: Inside
Interior area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard, Garden
- Has view: Yes
- View description: Garden
Details
- Parcel number: 117100035
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Building
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: South Ozone Park
- Subdivision: South Ozone Park
HOA & financial
HOA
- Has HOA: Yes
- Amenities included: Laundry
- Services included: Maintenance